Let's walk down memory lane. I found my 4th year college retreat journal in my cabinet and just wanted to lift something up from my past writings. We were instructed to write a ten-year vision of ourselves. The last part of that vision is written below:
By the time he's 30, he will be on top of the world. The long climb has finally reached the summit. He will now focus on sharing his blessings to the world. By 30, he will start sponsoring the construction of GK homes through the foundation he will create, Anonymous, Inc.
Ladies and gentlemen, I want to introduce you to the concept of Anonymous. Basically, it's a charitable institution with a twist and I got that twist after reading one particular passage, Matthew 6:3:
But when you give to the needy, do not let your left hand know what your right hand is doing.
Anonymous, Inc. will do just that, by masking the identities of the institution's benefactors. Whether you are a company or an individual, the institution will endeavor to keep your contribution a secret, citing your donation as coming from an "anonymous source" (hence, the name). Of course, in the real world, that sucks. But by doing this, I hope to weed out those who give because of ulterior reasons and those who give sincerely. Primarily, the institution will cater to those possessed with a genuine desire to help and those who wish to maintain their anonymity.
Unfortunately, this idea is illegal and I found that out in a company seminar discussing the Anti-Money Laundering Law. It is apparent that for any donation to be legal, the donor must disclose his or her identity to the institution and once that information is recorded in the books, anyone can have full access to it. So much then for the idea, Anonymous.
As a background, the anti-money laundering law aims to make life hell for criminals. As per Wikipedia, money laundering "is the practice of engaging in financial transactions to conceal the identity, source, and/or destination of illegally gained money". One technique in hiding illegally acquired money is by donating it to a bogus or affiliate company. In the case of Anonymous, Inc., criminals can deposit their loot to the organization with the confidence that this money will never be traced. Of course, that begs the question why a criminal would donate money to help society (A change of heart perhaps?) but it still doesn't change the fact that the donation was made possible through the use of illegal means in acquiring wealth.
On to the next idea, then, unless, of course, there's another we can go around this law.
By the time he's 30, he will be on top of the world. The long climb has finally reached the summit. He will now focus on sharing his blessings to the world. By 30, he will start sponsoring the construction of GK homes through the foundation he will create, Anonymous, Inc.
Ladies and gentlemen, I want to introduce you to the concept of Anonymous. Basically, it's a charitable institution with a twist and I got that twist after reading one particular passage, Matthew 6:3:
But when you give to the needy, do not let your left hand know what your right hand is doing.
Anonymous, Inc. will do just that, by masking the identities of the institution's benefactors. Whether you are a company or an individual, the institution will endeavor to keep your contribution a secret, citing your donation as coming from an "anonymous source" (hence, the name). Of course, in the real world, that sucks. But by doing this, I hope to weed out those who give because of ulterior reasons and those who give sincerely. Primarily, the institution will cater to those possessed with a genuine desire to help and those who wish to maintain their anonymity.
Unfortunately, this idea is illegal and I found that out in a company seminar discussing the Anti-Money Laundering Law. It is apparent that for any donation to be legal, the donor must disclose his or her identity to the institution and once that information is recorded in the books, anyone can have full access to it. So much then for the idea, Anonymous.
As a background, the anti-money laundering law aims to make life hell for criminals. As per Wikipedia, money laundering "is the practice of engaging in financial transactions to conceal the identity, source, and/or destination of illegally gained money". One technique in hiding illegally acquired money is by donating it to a bogus or affiliate company. In the case of Anonymous, Inc., criminals can deposit their loot to the organization with the confidence that this money will never be traced. Of course, that begs the question why a criminal would donate money to help society (A change of heart perhaps?) but it still doesn't change the fact that the donation was made possible through the use of illegal means in acquiring wealth.
On to the next idea, then, unless, of course, there's another we can go around this law.
No comments:
Post a Comment