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As of Oct 10 2008, we have
ceased accepting new grantees
Summary of sections on this page:
 | SERVICES PROVIDED BY THIS FOUNDATION
 | GRANTS OF MONEY |
| GRANTS OF MANAGEMENT AID |
| LOANS TO WOMEN |
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SERVICES PROVIDED BY THIS FOUNDATION:
This Foundation provides the following services, on an annual recurring
basis, chiefly to its grantee organizations, but, in certain situations,
we may provide all or some of these services to other organizations on a
one-time basis.
- GRANTS OF MONEY:
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As a result of an ongoing review of input from each grantee organization,
we provide annual monetary grants, generally increasing in amount each year, to each
organization that has satisfied our criteria for merit of its service to the community,
transparent accountability, and other
criteria published on this web-site. It is
anticipated that as the years go on, each grant will continue to exceed the prior
year's grant. Our Founder, Michael Wein, has stipulated in
his will that, unless he is
a victim of an unnatural death, a sizable portion (calculated at
a minimum of us$2,900,000) of his estate is to go to this
Foundation as its permanent endowment. Therefore, it is anticipated that, if the grantee
organization continues to meet our criteria, upon the death of our
Founder, the successor Trustees will increase the current grants to
considerably greater amounts.
- GRANTS OF MANAGEMENT
AID (due to
failure in health of Founder, this is no
longer available to the public):ement review, advice, or financial
audits
When requested, or when necessary, we provide management expertise and
techniques, all simple to
implement, to enable the organization to do their charitable
work more efficiently, while, at the same time, organizing and managing their
affairs in a productive and modern manner. We will no longer promise
these services subsequent to the Founder's incapacitation or death. These services
may include, among others, the following:
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...data
processing systems
(computer and non-computer)
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...economics
evaluations |
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...personnel
acquisition/evaluation
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...management
information and controls |
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...administrative
techniques and controls |
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...organization
of time and performance |
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...Chief Executive Officer on a
consulting basis
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...controlling
expenses with better management
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...cash
flow planning and reduction of debts |
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...developing
and achieving financial goals
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...feasibility
studies for possible new activities or processes
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When necessary for reporting to outsiders (or the
organization's constituents), we may also provide the
expertise that will enable other independent persons to audit the grantee organization in a manner that might
satisfy our needs as well as the needs of other outsiders. There are two separate types of audit services we
may provide:
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...management audits of either (or both) internal
control or management productivity. |
| ...financial
audits, leading to the type of financial statements issued by public
companies. |
We have also prepared and are
willing to distribute free of any charge under prescribed conditions, our
copyrighted publications "Review of
Internal Controls" and an "Audit program for the small San
Miguel charitable institution". While permission to copy them from
our web-site is NOT authorized without our written approval, there are only
limited reasons why such approval might NOT be permitted for this
documents. For the time being, however, you may read the latest versions
by clicking on the links at the top of this page. We highly recommend
that persons in your organization, independent of top management and operating
personnel, actually perform and accomplish the review and the audit suggested
above.
LOANS TO WOMEN: We have
a plan, tentatively scheduled for implementation after the Founder's death,
that will provide credit in the form of loans to local Mexican women who have
plans to start new (or expand their current) businesses in the San Miguel
area. More information can be found on the loans to women
page.
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