Wednesday, August 7, 2013

Changing lives and improving oneself through giving

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There are many different reasons why people give. It may be because they want to genuinely help others, or they want to receive good karma. For some, it may even be because they just want to be noticed by their peers.

Whatever their reasons are, one thing is true: The act of giving gives pleasure and spiritual, emotional, and psychological benefits, which can improve one’s sense of well-being in the long run.


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Aside from this, giving also provides people the chance to learn about the social injustices around them. A lot of well-off people would not even bother looking at the condition of the masses. Giving provides them an opportunity to see firsthand what the less fortunate go through every day. This experience can help them learn and discover new viewpoints that can change how they see the world that they live in. As a result, their new awareness can help them convince others in their social circles to help out as well.

Contrary to what most people believe, giving is not just about money. It is also about important and immeasurable things, such as time and effort. Volunteering and becoming closely involved with a social cause can not only help the less fortunate but also give people a sense of inner peace and contentment, knowing that they have done their part in making a difference.


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Through the Diller-von Furstenberg Family Foundation, Alex von Furstenberg is able to make a difference one cause at a time. Visit this website to learn more about the organization and its efforts.

Thursday, August 1, 2013

Hedge funds and private equity funds: Becoming more accessible



A private equity fund is defined as an equity capital that is not publicized. Private equity funds come from private sources, including investors and funds that make investments directly into private companies or acquire public companies resulting to the delisting of public equity.



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Meanwhile, a hedge fund is an investment offered to a limited number of bigwigs. The risk involved in this type of investment is in counterbalancing potential losses by way of hedging investments in various approaches, such as short-selling.

Nowadays, small businesses have a rough time obtaining credit, much less acquiring hedge funds and private equities. This may be due to lenders’ tight credit policies or their refusal to take risks on small businesses. Fortunately, crowdsourcing and crowdfunding have become practices that small businesses can take for them to cope with financial struggles, Forbes Magazine explains. These practices avoid traditional capital sources and instead acquire financing from the masses. Because of the plausibility of these practices, Congress passed the Jumpstart Our Business Startups (JOBS) Act in 2012.



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This development eventually results to a liberal access to hedge funds and private equity funds to accredited investors. Although non-accredited investors would not be admitted here, many small businesses can benefit from this. It seems that capital-starved entrepreneurs have more options in gaining investments with less risk.



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Investment expert Alex von Furstenberg served as the co-managing member and chief investment officer of Arrow Capital Management, LLC, a private investment firm focused on global public equities. This Facebook page provides more updates about public and private equity markets.

Monday, July 29, 2013

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.

Tuesday, July 2, 2013

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.

Monday, July 1, 2013

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.

Thursday, June 27, 2013

Strategic giving: Approaching philanthropy with a different mindset



In spite of the recession and the still recovering economy, generosity remained abundant in the US. The philanthropic community has been notably active in the previous year, with about 64 million volunteers and 65 percent of households donating to a charity or a specific cause. As a whole, foundations, corporations, and individuals gave about $298 billion.



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While philanthropic work in the US continues to be a strong driving force in promoting social change, Laura Arrillaga-Andreessen noted that there is still much that can be improved. Ms. Arrillaga-Andreessen, who teaches four philanthropy courses at Stanford, has made materials on studying and teaching philanthropy available online to encourage other learning institutions to start their own programs.



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Majority of the donors to philanthropic ventures are driven by emotion or a generous feeling. Therein lies a great but yet untapped potential because there are greater things that can be achieved when people take time to learn about the potential impact of their donations.

Shifting from emotion-driven giving to strategic philanthropy can empower the givers. The new generation of philanthropists is hungry for more information, and they want to know just how much impact their efforts and donations will have. In giving them the materials they need, they can go beyond being passive givers who are just hoping that their contribution will help and become effective planners and implementers of social change.



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This Twitter page on Alex von Furstenberg is regularly updated with links to stories about developments in philanthropy around the nation.

Wednesday, June 19, 2013

Comfort Zone Camp: Because grieving children need a fun and safe place to go to

Many children are left unaided and unguided following the death of their parents. Relatives may feel at a loss on how to help children who are experiencing grief. Fortunately, Comfort Zone Camp helps create a world where grieving children are not left to mourn alone. Instead, it provides a community that allows children to heal, grow, and lead fulfilling lives.
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Comfort Zone Camp is a nonprofit 501(c)3 bereavement camp open to children who have experienced the death of a parent, a primary caregiver, or a sibling. It transforms the lives of grieving children by understanding their needs, appreciating what they can do, and giving them a voice.

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The bereavement and therapeutic program at Comfort Zone Camp is unique from other therapeutic programs because of the following features:

Year-round program. Issues may arise any time of the year for grieving children. Thus, the camp provides a strong program and a support community from which campers may draw strength from all throughout the year.
Free for all children. Children don’t have to worry about the expenses as the program is free for all of them.
Designed to suit children’s needs. The program is based on how children—not adults—actually grieve.
'Little Buddy/Big Buddy’ system. This is a matching system wherein a camper is paired with a volunteer (1:1). The pairing model provides each camper with a dedicated mentor or friend to help in the healing process.
Opportunities for removing barriers. The camp uses loss to provide children with some ways to meet and bond with other kids who are experiencing the same situation. This makes them feel that they belong, which would help them bid goodbye to loneliness.

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Not all children affected by a death in the family are able to express this grief in the healthy way. At this point in their life, it is as crucial to show them how to do this as much as giving them the love and affection they so need.

Alex von Furstenberg helps children cope with grief by supporting Comfort Zone Camp. Visit this Facebook page to know more of his philanthropic efforts.