Google (GOOG) founders have set up a philanthropy with seed money of about $1 billion mandating work to be done to tackle poverty, disease and global warning.
Unlike most charities, this one is a for-profit venture, allowing it to fund start-up companies, form partnerships with venture capitalists and even lobby Congress and pay taxes.
According to this NYTimes.com by choosing for-profit status, Google will have to pay taxes if company shares are sold at a profit — or if corporate earnings are used — to finance Google.org. Any resulting venture that shows a profit will also have to pay taxes. Shareholders may not like the fact that the Google.org tax forms will not be made public, but kept private as part of the tax filings of the parent, Google Inc.
Know More about business start up funds at EnablingAngels.com.
MISS ANN MARIE KELLY
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WITH IN THE EU!
To network!
Projects
The insight that i have to offer any Buisness and Marketing is to co-operate in a theme of open ideas that can income a profit turnover.
The nature of the project is to high light what can be done about areas in where this can become a more settle and fast way of opening some thing that can later be use for a profit propersition.
The insight of how i work in Project Related by Network!
If you n=know a company who have buyers and sponors who generate a employment or career input.
Please pass their infirmation to the above information
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Miss Ann Marie Kelly
If you are a new buisness keep the faith connection going up!
Posted by: MISS ANN MARIE KELLY | June 11, 2009 7:09 AM | Permalink to Comment