My Fintech Empire

The major public welfare organizations are still thinking about how to take this cake. After all, K3478 is just a stock speculator. One person can earn tens of billions or even tens of billions, but one person who does public welfare can’t handle it. This requires a Huge institution.

Therefore, when the so-called charities and public welfare organizations read the news, they basically thought that Fang Hong would find a public welfare organization to cooperate with.

In the end, he actually wanted to set up an organization by himself, which made him stupid.

At the same time, what caused a general sensation in the outside world was that Fang Hong's just-announced solution for educational aid and support was so unique that it made many people feel a little weird, and it was a way that no one had expected.

In the eyes of some "academic" people, this is a wild way, and it is not ordinary wild.

For the impoverished students who receive financial aid, if this student becomes famous in the future, the money that was funded for him will be returned to the Educational Aid and Poverty Alleviation Fund with interest and principal, and all the money will be invested in the next funding program. object.

If this student does not become famous in the future, then there is no need to repay the capital and interest.

The indicator for sponsored students to live well in the future is... to have children!

Discussions on this matter on Weibo and the Internet are extremely hot.

[Le, seeing this plan, one word: absolute son. ]

[The angle is really tricky, is this the thinking of young people? ]

[Good guy, this idea is a bit flamboyant. If you get out, you can get back the stipend. If you can’t get out, you don’t have to pay it back. Doesn’t this mean that those related households who have good family conditions but still come to grab resources from disadvantaged groups are stuck? God K has something! ]

[Indeed, God K’s operation is to make these related households either willing to live a hard life, or honestly repay in the future, and pay back the principal and interest. ]

[I think the most coquettish and the most outrageous idea is to use whether there are children as a measure. ]

[This is true, using other indicators, any income certificate or occupation certificate can be faked, but you can't fake it, my child? If a child can be fake, can't the top of his head be so green that it glows? Hahaha! ]

[That's right, children can't be hidden, they have to register after birth, right? Children will grow up slowly, right? This kind of thing can't be hidden at all. ]

[God K is grasping the point of the problem, you have to get married before having a baby, right? Getting married now requires you to have a house and a car, so having children is an important basis for judging an adult's economic conditions. ]

[Should it be better based on income? ]

[The definition of income is a thread. Those who enter the factory to make screws and those who sit in the office may have the same salary, but the working environment is different, and the payment is also different. How can they be confused? ]

[In any case, God K did give a new idea. ]

[I feel pretty good. ]

...

This topic is hotly discussed on the Internet, and the public has seen that Fang Hong is willing to spend one-tenth of his annual profits on education and student support for this public welfare cause, and because of his decision, he has received unanimously positive comments from the society.

Fang Hong's reputation is rising steadily, and he will be able to show the size of his assets more openly in the future.

Well, in the future, when posting pictures, it can no longer be called showing off wealth, but to report the profit and loss situation to everyone, aiming to make the funds invested in public welfare more transparent and open, so that the general public can supervise, and there is nothing wrong with it!

One-tenth of the profit scale, which is quite a large proportion.

Fang Hong's operation actually made many large enterprises feel ashamed, and many bosses were also unhappy with him, because he made other bosses lose face, especially some well-known large enterprises.

At the moment, it is inevitable that netizens who eat melons will take this as an issue, diss some companies with huge profits, such as Goose Factory and Ari, which are well-known high-profit companies.

Fang Hong didn't care too much about it. If his career is so big now, if he is afraid of offending others, he might as well stop doing it.

...

In the following days, Tian Jiayi set out to arrange the establishment of the "Education Grant Fund", Qunxing Capital also provided corresponding resources behind the scenes, and the establishment of the organization naturally went very smoothly.

There are more than 500 staff members in the bursary fund organization, and it will expand to about 1,000 in the future.

By the end of January, the official website of the Educational Grants Fund was officially launched. The official website also has an application channel. You can apply for student aid support online. The offline channel is naturally the staff of the Educational Grants Agency to go to universities, middle schools, and primary schools across the country to run errands up.

Fund institutions are headquartered in Xincheng, and they also have offices across the country, each responsible for a region and docking with the headquarters.

Fanghong's education grant fund is aimed at the whole country, accepting support from difficult student groups from all over the country, rather than a single region.

In the offline part, the staff of the organization will contact the school, and when they arrive at the school, they will notify the class teachers, and then the class teacher will explain the student support to the students in each class, and then ask the students to talk to their parents, and finally the guardian parents To decide, if it is a college student who has reached the age of 18 and submits the application by himself.

The cooperative banking institution has also been successfully finalized. This is a local commercial bank in Xincheng, which has specially launched a special bank card for education and student aid.

Since it is a local bank, most other cities across the country do not have branches of the bank. Therefore, after the applicant passes the application, he or she should provide relevant materials to the student fund agency as required, and then the student fund will handle the bank card for him.

After the material is provided, it can be processed within one natural month at the latest, and then there are two ways to deliver it to the recipients. One is to provide the address by posting the bank card, and the other is to directly post it to the local area. The school will be handed over to the parents of the students by the school.

After receiving the bank card, the student fund agency will not send the money to the account at one time, but once a semester, so as to improve the utilization rate of funds and prevent large-scale funds from sleeping in the account , can help more people, and at the same time prevent the holder from misusing it for other purposes.

If a support object starts from the first grade of elementary school until he graduates from university, if the 16-year education stipend is paid at one time, it is a huge sum of money for ordinary poor families, and the probability of being misappropriated reaches 90%. All of the above may be conservative.

Maybe it will be used to build a house or something, or it will be used for medical expenses after a serious illness, etc.

Although human life is at stake, and saving lives is the most important thing, but the money is used for education after all, and resources are limited in the first place.

Obviously, the issue of the education grant fund is very rigid in its management of funds. Not only does the school or other third parties not be allowed to intervene, but even the objects of support are also limited. Tuition and living expenses are paid in installments, so Cardi has no money and can't use it if he wants to embezzle it.

Of course, there is actually room for cash-out operations. For example, find a third-party financial institution, give the institution a certain percentage to advance the money, and then hand over the card to the third-party institution to withdraw it regularly. This is operable.

It is similar to the replacement of future beneficiary rights. As long as financial institutions see that it is profitable, they can cash out in advance.

Fang Hong also thought of this kind of situation, but he didn't restrict it. On the one hand, there are very few people who do this, and on the other hand, it is impossible to plug all the loopholes if some people are determined to take advantage of the loopholes. On the contrary, it will push up the management costs of the student fund institutions.

What Fang Hong wants is to find the greatest common divisor. As for those who want to cash out, they can only deserve it if something goes wrong in the future.

...