Chapter 427 - 36 Exposed Flaws
Lin Xiaoguai had a bit of a headache. The Charitable Foundation was just a spontaneous idea she had, but she hadn’t expected so many complications to follow.
However... she thought of something—
"You should keep your own properties, you can join as a corporate member of the Charitable Foundation," Lin Xiaoguai actually only had a superficial understanding of the Charitable Foundation. She hadn’t thought of it at first, only now realizing sluggishly that the Charitable Foundation couldn’t own properties. In her past life, she had only heard of certain groups setting up their own charitable foundations, never heard of one that ventured into a specific business area.
Hearing this, Shen Chi was confused, "Corporate member?"
Lin Xiaoguai nodded, "Members who join with their own businesses are corporate members, aside from that, individuals who join are individual members. The Charitable Foundation itself doesn’t own any properties, it mainly operates by relying on such corporate members and donations collected from society."
"This system isn’t bad at all," Shen Chi expressed his approval.
He had originally been concerned that if he merged his properties into the Charitable Foundation, it would be troublesome to split them among his children in the future. After all, he had long planned to leave the network and wealth he accumulated over his lifetime to his eldest son, the properties his birth mother left along with the Han Family’s connections would naturally be inherited by his second son, the youngest son would inherit the entire Gu Family, and the assets in Wanwan’s possession would serve as dowries for his daughters.
Thus, although it wasn’t absolutely fair, he wasn’t biased toward any one child.
"In that case, let me recommend a few more corporate members," Shen Chi said.
"You mean Wei Qiang and Brother Ming?" Lin Xiaoguai understood.
Over the years, Wei Qiang’s Yupin Xuan’s business had been flourishing, its storefronts expanding considerably. Although still no match for some of the older establishments, due to Lin Xiaoguai’s occasional support, Yupin Xuan’s reputation for its jade supplies had always been solid within the industry, now comparable to those of the older shops. He was quite a sizable boss now, reportedly contemplating opening a branch in Shanghai.