Philanthropy: It's not all about the money

People who view philanthropy as a financial baggage or a last option for a wealth strategy could see this as a strain on their pockets. But for those inclined to charitable giving, philanthropy could mean more than an optional responsibility reserved for excess wealth and unwanted assets. However, by developing a systematic strategy that is integrated with personal and wealth transfer goals, giving could lead to a purposeful endeavor that is not focused on the idea of giving money.

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This is what philanthropy means for The Naples Trust Company. It is committed to using philanthropy not just as a means of donating money but as a way to solve problems in the society. For the past decade, the company has dedicated over $1 million to nonprofit organizations to make a difference in its community.

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Similarly, The Diller – von Furstenberg Family Foundation, headed by Alex von Furstenberg, addresses generosity as a gratifying feat. The organization is guided by the shared values, concerns, and passions of its members. Its main vision is to improve people’s lives and strengthen communities. Community building, education, human rights, arts, health, and the environment are the primary sectors that receive the foundation’s support.

In philanthropic acts, money can never be ignored when measuring its depth, but the effect always comes in boundless possibilities.

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Businessman Alex von Furstenberg is actively involved in a variety of philanthropic work. Among the organizations he supports are the Alliance for Young Artists & Writers, Literacy Partners, and Big Brothers/Big Sisters of America. This Twitter page provides more updates about him and his contributions to help others in need.

What businesses need to know about ObamaCare

The Affordable Care Act, also known as ObamaCare, has been the bane of businesses in the US. Many have fought against it and failed. And since it will fundamentally impact many US businesses, understanding it should be the number one priority for most entrepreneurs and businessmen.

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What is ObamaCare?

ObamaCare is a national health plan that aims to reform the US healthcare system. It focuses on providing Americans with affordable healthcare while regulating the health insurance industry, in order to reduce the country’s burgeoning healthcare costs.

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How will it affect businesses?

Businesses with more than 50 employees working have to provide their employees with healthcare insurance. Failure to do so would require them to pay around $2000 dollars per uninsured employee (after the first thirty employees). So, for a company that does not provide healthcare to its 100 employees, the penalty would be around $140,000. Companies that provide their employees with healthcare insurance that exceeds 9.5 percent of their employees’ household income and/or insurance with inadequate coverage will be penalized as well (around $3000 dollars per insured employee).

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However ObamaCare may seem to be a step into the right direction for the government, it is very important that businesses make sure that these additional tax and penalty burdens don’t cut into their bottom lines.

More business news and updates can be accessed by visiting this Facebook page for Alex von Furstenberg.

Charity ride for the benefit of Lebanon's DDS

June 22, Saturday -- Sunnyside Motorcycle Club bikers headed to the Developmental & Disability Services (DDS)-Alley Learning Center located at the 12th and Walnut St, Lebanon, Pennsylvania to hold their annual Sunnyside Charity Ride.

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At 11 am, the Bryan Stevenson Band, who made well-loved songs such as “Which Is Broken,” “Stay Young,” and “Long As I Can See The Light,” gave a free concert to entertain visitors and guests alike. Expected to arrive at around noon, the bikers then mingled with the visitors and gave them the opportunity to look at the motorcycles.

Furthermore, lunch was served by Morrisey’s Meats from 11am to 2pm. A full meal consisting of pulled pork or beef on a roll, chips, and a drink was served for only $6 per person.

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To cap the event, the club handed over a check to the Developmental and Disability Services of Lebanon Valley, funding its programs and services dedicated to helping both local children and adults with disabilities.

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The charity was supposed to be held on June 29th in the event of bad weather.

Those who joined the charity ride registered at the Myerstown Rod & Gun Club for a $15 donation.

More pertinent charity news and updates can be found by visiting this Twitter page for Alex von Furstenberg.