Corruption Money Given to Charity

Written by Merve on November 3, 2008

There will be always money coming from unknown sources. Usually, these originate from people who are up to no good like felons and convicted people, definitely welcome but not needed as far as campaign procedures are concerned.

Much of these have been traced to reach the U.S. presidential candidates, Barack Obama and John McCain. And while these transactions were traced, it is apparent that to avoid any untoward audit of campaign funds, such amounts are said to be headed for a worthy cause; charitable institutions.

There was no specific number specified although there was one felon who admitted wiring $7,000 and structuring financial transactions. At least you know that $7,000 is on its way to these charity groups, names of the organizations of which were not divulged.

Was it done intentionally or another publicity stunt to look good in front of the potential voting population of America? If perhaps there would be a probing team released to audit and oversee these funds, then perhaps the real intent and amount of funds disbursed will surely be seen.

This is not to question the integrity and character of the presidential candidates. But once news like this leaks, it is something that can work against people considering money is a very tedious word in the industry today.

But as far as the charities are concerned, as long as they can get support and help for their cause, all is welcome. If there is one group that needs help these days, that would be the charities.

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Modeling for Charity

Written by Merve on October 27, 2008

Anyone can do their part for charity. In fact, fashion shows which have the usual models showcasing the latest wardrobe design ideas from noted designers today is a good way to put everything in perspective.

Such was the intent of a glamorous fashion show that was held in London, featuring top catwalk models, the same agency that handles Kate Moss. For their efforts, they were able to raise more than £3,000 for charity.

Models1 successfully modeled for a cause using garments made by Hollywood Collections, a fashion store in Barnt Green and accessories from Solihull boutique Le Scarpe in the glitzy bash at Hogarths Hotel in Solihull. The funds raised will be given to Cancer Research UK and the Love Care Charity in Chennai as organized by hotel owner, Helena Hogarth.

“This £3,000 will go towards making this orphanage as comfortable as possible for the orphans and giving them a better chance in life. I’d like to thank all who took part and helped support these two amazing charities.”

At these trying times, such an amount is modest enough for a worthy cause. Especially now that the holiday season is fast approaching, it would be nice to see such efforts which is sure to grow in the next couple of weeks, regardless if hard times are here. Besides, charity is about giving what you can and not really about the amount you are able to give.

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Lohan Boxes for Charity

Written by Merve on October 15, 2008

In the boxing world, you may be looking for a fighter named Michahel Lohan. Sad to say folks, familiar as the name would be, you will not find it. Michael Lohan is the estranged father of diva Lindsay Lohan and he shall be fighting for a charitable cause.

It all started in October 6 where Lohan made it public that he would box the highest bidder. The initial bid was set at $5,000. Lohan had also initially wanted to fight off some known names in the industry including Kevin Federline and Perez Hilton but to no avail. Eventually it all came down to a local businessman, Robert Venero who had thrown $20,000 in the pot to fight Lohan. The match is scheduled on November 24 at the Hilton Long Island. Stephen Baldwin has agreed to judge the match. Proceeds of the match will go to the Long Island charities which really sponsors annual slugfests for a cause.

Lohan has had a history of being used to fights. Being jailed before, he does seem like a dangerous opponent. But on the issue of why Venero really wants to fight Lohan is another. Is it really for charity or another cause?

Whatever the reason is, it is the money for charity that is important. These two are taking the fight seriously and from all indications, it will truly give the word “slugfest” something to watch.

“It’s going to be war,” he said. “Michael Lohan is not going down without a struggle and Bob Venero is not paying $20,000 to get humiliated. They both will be swinging for the fences.”

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Texas Calls for Baby Supplies Donations

Written by Merve on September 17, 2008

When it comes to aids for people hit by disasters such as Hurricane Ike, you would think that food and clothing would be enough. But for the people down in Texas, it has gone as far as seeking aid for the little ones, babies who need proper needs to live alongside other victims of these freaks of nature.

Diapers, baby clothes and food would normally not be in the list of supplies that most organizations have as donations. Hence in this light, it seems that they are needs for infants who have unfortunately been caught with these rampant hurricanes hitting various regions.

For people who can spare some diapers or baby formula, perhaps you can lend a helping hand. This is something that they did not ask for and it is quite a pity why innocent children have to bear the problems at such an untimely age.

There is a known shortage of supplies and food for adults, but children are being overlooked in this crisis. Charities such as Red Cross and Catholic Charities are advising donors to donate money so that officials can purchase diapers that are the right size.

More children and babies are becoming lactose intolerant and they require soy based formulas. This is becoming a large problem for parents of children with food allergies who cannot eat milk products or products with nuts and various other food allergies. Families of these children are feeling the stress.

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Lehman Closure Affects Charities

Written by Merve on September 15, 2008

If you think that the closure of Lehman Brothers only affects the business world, guess again. Lehman Brothers also does it share of social work and donating to charity is certainly among their long list of past accomplishments. Actually, you may even call it a regular habit that they do and with the bankruptcy filing that they had done, even charitable institutions are bound to be affected by it.

A big question was whether commitments would be honored. “If it’s a commitment out of the Lehman Foundation, a separate charitable entity, it legally needs to be honored,” says Melissa Berman, president of Rockefeller Philanthropy Advisors. “At the same time, if the foundation has made more commitments than assets, it’s not clear what could be done.”

According to tax forms filed by Lehman Brothers Foundation, it had $23.7 million in total assets at the end of its 2007 fiscal year ending in November. At that time, it had $11.3 million in grants payable.

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On whether this was a commitment or not is really highly technical at this point. With no organization up to constantly disburse those funds for a worthy cause, that is one less donor to the world of charitable work. It is something that cannot be avoided but the only good thing that can perhaps be seen from all of it is the fact that at least you can see troubled companies doing their fair share for society regardless of the situation they are in.

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