Article Recap: Charles Koch

Billionaire Charles Koch is making plans to extend the philanthropic efforts of Koch Industries. Along with his brother, Koch is creating a non-profit wing of Koch Industries called “Stand Together.” Leaders of Stand Together have said that the organization will work to address deeply seated social problems in America, such as gang violence and education inequality.

The project has been underway for over a year, though it will make its public debut this week with a website launch, and a presentation at an annual winter seminar for Koch donors.
The group’s executive director, Evan Feinberg, suggested that the initiative would combine grantmaking with infrastructure support. It would involve the help of Koch donors, who might assist in underwriting scholarships or creating jobs at their companies for the unemployed.
Feinberg said, “The sole purpose of Stand Together is to make a real difference in real people’s lives by actually solving the problems they have.” He says the organization will steer clear of policy disagreements, and instead partner with private organizations to address various social problems.
Feinberg, 31, is a former Capital Hill staffer who ran the Koch’s Millennial advocacy group Generation Opportunity, whose main purpose was to discourage young people from signing up for Obama Care. Doing so would have cut off the vital funds paid by healthy young people to subsidize the expenses of older and sicklier ObamaCare members.
Charles Koch is a founder and chairman of Koch Industries, the second largest company in America. He and his brother David Koch are well known for donating millions of dollars to funding Republican initiatives.

Beyond Making Money as an Entrepreneur

 

Being and entrepreneur is often more about the process of the start up and the independence that comes with that, than the income generated. This doesn’t mean that income and profit isn’t necessary; it is to cover the costs of starting up and maintaining a business. It is just part of the satisfaction. If it was just about making money people would stick with working for someone else and the illusion of security that doing that provides. This is why entrepreneurs walk a fine line between business success and enjoying the experience of starting up their own companies. 

Not all new companies make it past the idea phase and of those that do, few ever know real success. According to an online article by Entrepreneur, there are 25 common characteristics of a successful entrepreneur (http://www.entrepreneur.com/article/200730). In the article, number eight lists projecting a positive business image, as one of the traits. Entrepreneur Marc Sparks has become very successful at that while building a financially successful business, Timber Creek Capital.

marc sparks timber creek capital
Marc Sparks of Timber Creek Capital

On Marc Spark’s Wikipedia profile he has a quote from the Bible, “From everyone to whom much has been given, much will be required; and from the one to whom much has been entrusted, even more will be demanded.” Luke 12:48. Marc follows this scripture with actions and his company, Timber Creek Capital, reaps the benefits. The company is known to help other entrepreneurs with start up seed money and even management. Eric has become a very successful business owner that understands the responsibility to give back and the byproduct of that is a company that has a very positive image. 

The company’s image is elevated by the number of organizations Marc Sparks is active in and contributes to. Some of them include the following:

The Samaritan Inn
The North Texas Gateway Apartments
America Can! Academy
Sparky’s Kids 
CARE
Highland Park United Methodist Church
Carpenters for Christ
Habitat for Humanity

He didn’t stop with giving, he has written a book, “They Can’t Eat You” to help others learn from his entrepreneurial journey. It includes both the successes and the failures. He believes there is probably more to learn from the latter.

Eric realizes there is more to business and entrepreneurial success than just making money. Giving back has not only reflected positively on his company but has positively impacted the organizations that he donates to and supports.

Andy Wirth looks to increase passengers passing through Reno Airport

The Reno Airport Authority Board has confirmed it has appointed a new chairman and three new board members, which sees Andy Wirth of the Squaw valley Ski resort taking up the role of chairman. The Sierra Sun Times reports Wirth has a large amount of experience dealing with the expansion of air travel to different areas of North America through his previous roles in expanding tourist areas. The CEO of the Squaw Valley Ski resort has been serving on the board of the Reno-Sparks Convention and Visitor’s Authority since 2013 and will now bring his experience in international resort management to the bid to expand the services offered by Reno Airport.

The new faces added to the Reno Airport Authority Board are designed to add a wealth of experience and new ideas about how to expand the services offered and improve the customer experience at the airport. Andy Wirth brings a large amount of experience to the board as he has already worked on the development of airports in Canada, Utah and Colorado over the course of his career. The expert in resort management is also hoping to make sure a wide range of options are considered by the board as they look to build the image of the airport as the gateway to Lake Tahoe. Areas of focus for the airport appear to include building on the reputation of the area as a popular one for those seeking the best in winter sports and gaming options. Andy Wirth believes the success of the airport will add to the all around success of the region in the future.

Americans Donated More Money To Charities In 2014 Than In Any Other Year

Charitable Giving Hit The $358 Billion Mark In 2014

According to the annual Giving USA Foundation report Americans donated more than 358 billion to charities in 2014. That figure beats the 2007 figure by $47 billion reports investment banker Steve Murray. Wealthy Americans gave more than $200 million in 2014, and Bill and Melinda Gates gave more than $2 billion to their Foundation. People tend to give more money when they think the economy is getting stronger, and that was the case in 2014.

The opportunity to give back is an important part of any economy. There is an element of socialism attached to giving to charities. We all want to help cure diseases, fight hunger, house the homeless and right the wrongs of a short-sighted government. Charitable donations are part of our social structure. Our religions ask for money, and in return those religions provide comfort and a sense of belonging to those that need it. We are one world that gives so others can get, and give back in their own way.

Charity is more than giving money, time and effort. Charity is a sense of unity that expresses our true nature without any regrets.