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Gabm Corporate Activities And Participation Procedures

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Gabm Corporate Activities And Participation Procedures

  1. 1. CORPORATE ACTIVITIES AND PARTICIPATION PROCEDURES © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 1
  2. 2. OVERVIEWGABM’s international status as well as philanthropic successes is directly attributed to its associatemembers’ sheer dedication to make a recognizable difference, as a collective, by applying valuableindividual time, financial grants, corporate knowledge, experience and the like towards theorganization’s cause of eradicating global poverty – through constructive and effectivephilanthropic and entrepreneurship development programs.GABM associate members have the opportunity to contribute and participate in any of thefollowing categories of philanthropic programs:• Entrepreneurial Projects• Socio-economic Projects• Environmental Projects © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 2
  3. 3. CORPORATE ACTIVITIES AND PARTICIPATION PROCEDURES1. ‘ADOPT A STUDENT’ PROGRAMThe Paulsmeier Inc. Group Education Trust, founded in June 2004 to support entrepreneurshipglobally, is one of the programs through which associate members of GABM can seek to fosterresponsible corporate citizenship.The GABM ‘Adopt a Student’ sponsorship program addresses social needs by furthering theprofessional ambitions of deserving underprivileged individuals across the globe, by providing themwith graduate- and post-graduate study bursaries and sponsorships at approved universities.A database of young, dynamic and deserving individuals from which GABM associate memberscan select candidates to sponsor, is available.Through the Trust, the Paulsmeier Inc. Group wants to ensure that:• Deserving underprivileged individuals are provided with the opportunity to follow a tertiary education program which will allow them to become the successful entrepreneurs and business executives of tomorrow.• Its legacy as a private investment group is that of committed capital. Therefore, the Paulsmeier Inc. Group will support these graduates by providing them with available opportunities (whether through venture capital funding, and/or viable projects, and/or corporate expertise and resources) to build corporate and business infrastructure, create employment, and alleviate poverty.• These graduates will be responsible corporate citizens who are actively involved in business and entrepreneurial skills development. (Studies in commerce and entrepreneurship development are therefore strongly encouraged.)To date GABM associate members have provided tertiary education sponsorships for 12 369deserving underprivileged individuals, and by so doing they have effectively transformed earlierunskilled and unemployed individuals into the business leaders and job creators of tomorrow.Management Level:Managed and co-ordinated by GABM’s Board of Executives.Geographical participation:InternationalProgram and Participation Criteria:• Sponsors need to be associate members of GABM• Student applicants have to sign a contractual agreement with sponsors, which will contain specific professional and performance guidelines. The educational sponsorship arrangements and interaction is directly between the sponsor and the student. (GABM only facilitates the introduction between the two parties.)• The educational sponsorships by sponsors are non-refundable bursaries• Sponsors may determine which university a student has to attend• Sponsors are required to finance the applicable student’s full university study program until graduation• Sponsors are required to finance the applicable student’s full accommodation expenses at campus, annually in advance © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 3
  4. 4. • Sponsors are required to finance the applicable student’s full learning material and related expenses, annually in advance• Sponsors are required to finance the applicable student’s international or national travel expenses to and from the university• Sponsors can only withdrew from their commitment if the applicable student does not perform, act or complies as is contractually agreed between the two partiesProcedure to participate as a sponsor in the Tertiary Education Sponsorship Program:• Associate members of GABM who are interested to participate in the educational sponsorship program can do so by written request to the Board of Executives of GABM• The request must be in English and must contain your GABM associate membership number• The request must be e-mailed to: info@gabm-pinc.com• These associate members will be registered as sponsors of the educational sponsorship program• The Board of Executives of GABM will introduce a possible selection of suitable graduate- and post graduate students as candidates to the sponsors for selectionReporting:• The student reports directly to the sponsor in accordance with the contractual agreement• Sponsors however will provide GABM’s Board of Executives with a quarterly progress report on the activities of his studentNB: The ‘Adopt a Student Program, Application Form’ is available on the ‘Downloads’ section ofGABM’s website. © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 4
  5. 5. 2. ‘ADOPT AN ENTREPRENEUR’ PROGRAMThe ‘Adopt an Entrepreneur’ program of GABM, initiated in September 2005 in support ofentrepreneurship development globally, is another development program in which associatemembers of GABM can seek to foster responsible corporate citizenship.With the emphasis on micro business investment and finance in the secondary economy’s informalbusiness sector, the ‘Adopt an Entrepreneur’ program has the potential to turn new entrepreneurialideas into viable and sustainable businesses that create employment opportunities, alleviatepoverty as well as contribute to other vital social, economic and environmental considerations.GABM associate members have shown remarkable good corporate citizenship in this regard withthe establishment of the $125-million US Dollar African Entrepreneurial Development Fund, whichhas kick-started the program.The objective of the ‘Adopt an Entrepreneur’ program is to provide unsecured loans or grants,typically ranging from $1000 - $10 000 US Dollar, to those who normally do not qualify fortraditional banking credit facilities.The significance of the ‘Adopt an Entrepreneur’ program is that it would empower subsistencefarmers and small entrepreneurs with the necessary resources and ability to take responsibility fortheir own lives by generating sufficient future income for their respective families’ needs andrequirements, thereby ultimately alleviating poverty amongst the millions of poor Africans incommunities where it is needed most.A database of deserving individuals from which GABM associate members can select candidatesto sponsor, is available.To date GABM has provided approximately $45-million US Dollar in funding to more than 20 000subsistence farmers and small entrepreneurs in 35 African countries.Management Level:The ‘Adopt an Entrepreneur’ program is managed and co-ordinated by GABM’s Board ofExecutives.Geographical Participation:InternationalProgram Criteria:• Sponsors need to be associate members of GABM• Financing of projects ranges between $1 000 US Dollar and $10 000 US Dollar• Financing transaction and interaction is directly between the sponsor and the ‘Adopted Entrepreneur’ (GABM only facilitates the introduction between the two parties.)• Contributions by sponsors can be structured as a donation or an interest free loan• Generally, this kind of financing is done without any contractual agreements• Typical projects include but are not restricted to, informal commercial enterprises, agricultural and local tourism activitiesProcedure to participate as a sponsor in the Entrepreneurial Development Program:• Associate members of GABM who are interested to participate in the ‘Adopt an Entrepreneur’ program can do so by written request to the Board of Executives of GABM• The request must be in English and must contain your GABM associate membership number © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 5
  6. 6. • The request must be e-mailed to: info@gabm-pinc.com• These associate members will be registered as sponsors of the ‘Adopt an Entrepreneur’ program• The Board of Executives of GABM will introduce a possible selection of short listed young entrepreneurs as candidates to the sponsors for selectionReporting:• The ‘Adopted Entrepreneur’ reports directly to the sponsor in accordance by mutual agreement• Sponsors however will provide GABM’s Board of Executives with a quarterly progress report on the activities of his ‘adopted entrepreneur’NB: The ‘Adopt an Entrepreneur Program, Application Form’ is available on the ‘Downloads’section of GABM’s website. © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 6
  7. 7. 3. CORPORATE INVESTMENTS AND PARTNERSHIPSThe corporate investment and partnership program of GABM, in support of entrepreneurshipdevelopment globally, is another development program through which associate members ofGABM can seek to foster responsible corporate citizenship.With the emphasis on macro business investment and finance in the primary economic businesssector, the corporate investment and partnership program has the potential to turn newentrepreneurial ideas into viable and sustainable businesses that will significantly develop rawtalent into successful entrepreneurs as well as to create new employment opportunities, alleviatepoverty as well as contribute to other vital social, economic and environmental considerations.The secondary objective of this program is to encourage investors to become active partners in thebusiness ventures proposed by GABM, to ensure that the corporate expertise and knowledge ofGABM’s investor members can be utilized in the form of a physical mentoring program, and totranslate theoretical knowledge into practical results, and to engage in physical training programsas appose to the dissemination of theoretical information.To fund these transactions, without requesting donations, GABM establishes $1-billion US Dollarcapital funds on regular intervals (or on request from its associate members) in which its associatemembers can invest capital.To date more than $4-billion US Dollar has been invested in thousands of large businessdevelopment projects. In addition, more than 100 000 permanent and temporarily job opportunitieshave been created in the process.GABM only accepts funding proposals from its associate members who have submitted ourstandard Executive Project Summary document available on the ‘Downloads’ section of ourwebsite.Management Level:The corporate investment and partnership program is managed and coordinated by GABM’s Boardof Executives.Geographical Participation:InternationalProgram Criteria:Investor or partner criteria:• Investors and partners need to be associate members of GABM• Investors offer equity-structured finance for projects requiring a medium- to long-term investment of $1-million (one million US Dollar) or more• Investment transactions and interaction is directly between the investor and/or partner and the project leader(s)• Investments by investors can be structured as an investment only or partnership transaction• Formal contractual agreements complyProject Criteria:• The project needs to be registered in a company• The minimum project value for investment purposes is $1-million US Dollar © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 7
  8. 8. • All projects must have the demonstrable potential to produce a minimum return on investment of forty percent per annum, except for property related projects which will be evaluated on merit• The company’s Board of Directors must consist of at least two managers with industry specific expertise and knowledge relating to the project• All projects are subject to a vigorous evaluation and risk assessment process, to the benefit of both project leader and potential investorsProcedure to apply for business or project funding:• The project leader must submit an ‘Executive Project Summary’, detailing his funding requirements (A template of the prescribed ‘Executive Project Summary’ is available on the ‘Downloads’ section of the website.)• The project leader should attach a detailed and comprehensive Business Plan of the project to the prepared ‘Executive Project Summary’• The ‘Executive Project Summary’ as well as Business Plan documents of the project should be forwarded to the Board of Executives at: info@gabm-pinc.com (No faxes will be accepted.)NB: A template of the prescribed ‘Executive Project Summary’ is available on the ‘Downloads’section of GABM’s website.Procedure to participate as an investor or partner:• Associate members of GABM who are interested to participate as investor in the corporate investment and partnership program can do so by written request to the Board of Executives of GABM• The request must be in English and must contain your GABM associate membership number• The request must be e-mailed to: info@gabm-pinc.com• These members will be registered as investors of the corporate investment and partnership program• The Board of Executives of GABM will introduce a possible selection of investment opportunities to interested associate members for considerationReporting:• The project leader(s) reports directly to the investor in accordance by mutual agreement• Investors however will provide GABM’s Board of Executives with a quarterly progress report on his investment or partnershipFounding Requirements to establish a $1-Billion US Dollar Fund:The following criteria are applicable when a registered GABM associate member applicant isseeking the approval of the GABM Board of Executives to establish a $1-Billion US Dollar Fund:• Legal Jurisdiction:Any proposed $1-Billion US Dollar GABM Fund must be registered as an Offshore Fund or aregistered Offshore Company (operating as a Private Equity Fund/Capital Fund) to qualify forcorporate tax exemption. © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 8
  9. 9. • Board of Executives/DirectorsAny proposed $1-Billion US Dollar GABM Fund must have a Board of Executives/Directors of atleast 20 members and a maximum of 25 members, of which 10 members will be Executivemembers and the remaining will be Non-Executive members.Normally the Board of Executives/Directors is the applicable Fund’s founding members. Thesemembers may however be removed or replaced by the majority of investors at the annual generalmeeting of each Fund.It is required that all 20 - 25 Board Members must have GABM Platinum or Gold MembershipStatus, as well as be co-investors in the applicable Fund.• ManagementThe Board of Executives/Directors of a $1-Billion US Dollar GABM Fund may decide to managethe applicable Fund by them self, or appoint an independent Fund Manager to manage theapplicable Fund on their behalf.When the applicable Board of Executives/Directors of a $1-Billion US Dollar GABM Fund decidesto appoint an independent Fund Manager to manage the Fund on their behalf, GABM will initiate atender procedure from which the Board of Executives/Directors can select the most qualified andappropriate Fund Manager.It is required from an independent Fund Manager to have GABM Platinum or Gold MembershipStatus or to be a GABM advertising client.• Remuneration of Fund ManagersThe remuneration packages of the Board of Executives/Directors or independent Fund Managersare on discretion of the investors of each applicable GABM Fund.The annual remuneration packages of each GABM Fund’s Board of Executives/Directors orindependent Fund Managers may however never exceeds 2.5% of the applicable Fund’s value atthe end of each year.• Fund IndustryAny proposed $1-Billion US Dollar GABM Fund must have a clearly defined industry or operationalpreference, for example Private Equity Fund; or Investment Fund (capital markets); or PropertyInvestment Fund; Entrepreneurial Development Fund, etc.• Capital Requirements of GABM FundsGABM only makes provision for Funds having a market capitalization of $1-Billion US Dollar. Onlyregistered GABM associate members with Platinum or Gold Membership Status may invest in anyof GABM’s Funds.• Profits generated by GABM FundsIt is agreed between GABM and the investing associate members of each applicable Fund that50% of profits generated by a Fund must be allocated by the applicable investors in any of GABM’sphilanthropic programs. The remaining 50% of the profits are for the benefit of the applicableinvestors. © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 9
  10. 10. • Duration of GABM FundsAll GABM Funds are perpetual, but an investor may terminate his respective investment any timeafter a period of 10 years.Application procedure to establish a $1-Billion US Dollar GABM Fund:• Submit a written request to establish a GABM Fund to GABM’s Board of Executives at least 2 months prior of GABM’s Annual General Meeting of its Board of Executives, which is held at the last Wednesday of August each year• A comprehensive Business Plan must be submitted together with the above written request to GABM’s Board of Executives, which should also contain all relevant aspects and information reflected in this document• When the establishment of a Fund is approved by GABM’s Board of Executives, the applicants will be accordingly informed, and requested to commence with the registration of the said Offshore Fund or Offshore Company• When the above procedure is finalized, GABM will disseminate an Investment Memorandum Advertisement to all GABM associate members for investment consideration. The standard advertising fee is $12 000 US Dollar• On average, it normally takes about 3 months for a GABM Fund to be fully subscribed by GABM associate members, upon which the applicable Fund’s Board of Executives/Directors may commence with business © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 10
  11. 11. 4. CORPORATE RESCUESWhile we focus on the development of entrepreneurship and to create more job opportunities, wefind that thousands of skilled employees and professional individuals are still being laid off on amonthly basis due to the global economic recession of late, or as a result of corruption, or fraud, orineffective management models.To this end, GABM and its associate members have initiated a strategy to incorporate the‘Corporate Rescue’ program, aimed at corporations on the brink of liquidation, as a long-termphilanthropic program.Corporations facing liquidation:We urge the Management of corporations facing potential liquidation to request assistance fromGABM’s Board of Executives as soon as possible. The Management should then provide GABMwith a mandate to appoint a consultation group or corporate advisory specialists and strategistsfrom its fold, at no cost to the Management, to act on their behalf in an effort to save the companyand assist with a most-likely corporate restructuring process. In addition, the Management of suchcorporations can submit the standard Executive Project Summary document together with theapplicable Business Plan to GABM’s Board of Executives to apply for access to financing fromGABM’s investing members to prevent liquidation and permanent job losses.Corporate advisory specialists and strategists:In our efforts to save corporates and businesses from liquidation and thousands of job losses,GABM appeal to corporate advisory specialists from all over the world to apply for GABM associatemembership. As and when deemed necessary, GABM will invite these corporate advisorymembers to make available and invest their corporate expertise and valuable time as a consultantin such ‘Corporate Rescue’ consultation groups, specifically designed to save corporations fromliquidation and to secure long-term employment of employees.Management Level:The ‘Corporate Rescue’ Program is managed and coordinated by GABM’s Board of Executives.Geographical Participation:InternationalProcedure to apply for business or project funding:• The project leader must submit an ‘Executive Project Summary’, detailing his funding requirements (A template of the prescribed ‘Executive Project Summary’ is available on the ‘Downloads’ section of the website.)• The project leader should attach a detailed and comprehensive Business Plan of the project to the prepared ‘Executive Project Summary’• The ‘Executive Project Summary’ as well as Business Plan documents of the project should be forwarded to the Board of Executives at: info@gabm-pinc.com (No faxes will be accepted.)Reporting:• The project leader(s) reports directly to the investor in accordance by mutual agreement.• Investors however will provide GABM’s Board of Executives with a quarterly progress report on his investment or partnership.NB: A template of the prescribed ‘Executive Project Summary’ is available on the ‘Downloads’section of GABM’s website. © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 11
  12. 12. 5. EQUITY GRANTSThere is an increasing demand on corporations and business executives to recognize theirresponsibility in respect of contributing to international socio-economic development programs aswell as natural disasters as good corporate citizens. In fact, recent international statistics oncorporations and entrepreneurs that are actively involved in such programs have indicated thattheir businesses are substantially more profitable and sustainable than those who are not.GABM’s involvement and donations serve as encouragement to other like-minded and prominentorganizations to embrace the opportunity to reciprocate to communities, which has served them sowell.Management Level:Equity grants towards natural disasters and international development programs are managed andcoordinated by GABM’s Board of Executives.Geographical participation:InternationalProgram Criteria:• In the event of natural disasters, GABM’s contributions are made directly to the victims affected in the most effective way. GABM’s contributions are not channelled through political, governmental or bureaucratic structures.Reporting:• GABM’s Board of Executives may on their sole discretion issue an international Press Release regarding GABM’s involvement or donation in the applicable development program or natural disaster.NB: More information on GABMs equity grants towards natural disasters is available on the‘International Disaster Contributions’ blog, available on the ‘Blogs’ section of the website. © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 12
  13. 13. 6. CORPORATE SEMINARS AND FUNCTIONSBy focusing its efforts on contributing to sustainable global economic growth, GABM hasrecognizes the importance of hosting and presenting corporate functions, presentations as well asseminars to share GABM’s collective corporate expertise, knowledge and general businessinformation with the business community and public sector, that will include the followingobjectives:• Present matters of motivation, entrepreneurial innovation, global and local economic information and forecasts, as well as in-depth discussions on managerial and entrepreneurial and globalization issues that may have an impact on the global socio-economic environment• To support and promote the principle of corporate social investment in the business community that will accelerate the development of entrepreneurship and infrastructure to alleviate global poverty• To support and promote good corporate governance practices within the business community and the public sector, which will address issues such as corruption, fraud, nepotism, unproductivety and individual responsibilityManagement Level:The facilitation of corporate seminars and functions are managed and coordinated by GABMGoodwill Ambassadors.Geographical Participation:International and NationalProgram Criteria:• Participants and speakers need to be associate members of GABM• Hosts and speakers need to be fluent in English, and have in-depth industry experience• Host and speakers need to have the ability to address large groups• Presentations have to comply with the highest professional standards• Contributions by hosts and speakers are on a pro-bono basisProcedure to participate as a sponsor:• Associate members of GABM who are interested to participate in presenting and speak at corporate functions and seminars can do so by written request to the Board of Executives of GABM• The request must be in English and must contain your GABM associate membership number• The request must be e-mailed to: info@gabm-pinc.com• These associate members will be registered as participants, hosts or presenters at GABM’s official corporate functions and seminars• The Board of Executives of GABM will inform its registered associate members with opportunities to consider for participationReporting:• GABM’s Board of Executives will provide a report on these activities © Copyright. Global Association of Billionaires and Millionaires. All rights reserved. 13

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