FAQ'S
- GABM FAQ's
- Associate Membership FAQ's
- Philanthropic and Development Project FAQ's
- $1-Billion USD Capital Funds FAQ's
GABM FAQ’s
1. Who is GABM?
2. What is the legal status of GABM?
3. When was GABM founded?
GABM was founded in the year 2000.
4. What is GABM’s Vision?
Global Association of Billionaires and Millionaires (GABM) is the philanthropic
division of the G500 Private Investment Group. GABM is a private and exclusive
non-profit society of like-minded philanthropists from all over the world, who
are dedicated to fight global poverty as a strong collective.
2. What is the legal status of GABM?
GABM is a formal association of members (not a company or any registered
corporate structure) that are regulated by its own Constitution and Membership
Charter.
GABM was founded in the year 2000.
4. What is GABM’s Vision?
GABM’s vision is to become the largest and most exclusive professional society
of billionaires and millionaires in the world, and as responsible corporate
citizens to significantly contribute collective corporate resources to the
improvement of the physical and socio-economic environment of the global
economy.
5. What is GABM’s Mission?
To give effect to its vision, GABM’s mission is to collectively add to the
improvement of the global physical and socio-economic environment by means of
the following actions:
·
To exponentially expand its associate membership in every country of the
world
·
To make available corporate expertise and capital resources
·
To support, promote and participate in corporate social investment
programs
·
To support, promote and participate in infrastructural development
programs
·
To support, promote and participate in economic and entrepreneurial investments
·
To support and participate in various entrepreneurial and business
mentoring projects
·
To support and promote good corporate governance practices
·
To support, promote and participate in environmental development
projects
·
To support, promote and participate in cultural development projects
This will lead to
the following results:
·
Enhancing of global economic development and growth
·
Economic productivity and sustainability
·
Development of entrepreneurship
·
Alleviation of poverty
·
Contribution to new employment opportunities
·
Translating of theoretical knowledge into practical results
·
Access to modern technological and management know-how
6. Why is the
GABM Funding Model so unique and regarded as the best in the world?
In developing a sustainable and unique funding model, GABM was required to find
solutions for the following major concerns of potential new members:
· If I become a GABM associate member will I receive continuous requests
for donations to fund the organization’s philanthropic programs?
Clearly
differentiated from all other philanthropic and charity organizations, GABM has
developed its funding model in such a way that it would NEVER, EVER have to
request donations from its associate members, besides from the annual
membership fees of course.
· How would I know whether my capital donation reaches its intended
purpose and is not misappropriated in any scheme(s)?
In this regard,
GABM is again clearly differentiated from all other philanthropic and charity
organizations as we do not manage and allocate capital funds on behalf of our
members. As explained below, GABM involve its members in its philanthropic
programs for two distinct reasons.
The first reason is that GABM members are in control and manage their own
capital in the philanthropic programs they wishes to participate in.
Secondly, by physically participating in the various programs GABM members
could naturally experience the joy and satisfaction of the end results of the
various kinds of investments they have made.
Cognizant of the aforementioned concerns, GABM has excelled at the challenge
and developed its sustainable and unique funding model to fund the below
corporate operations and philanthropic programs:
Funding of GABM’s Corporate Operations and Infrastructure
In accordance with
the terms and conditions of its Constitution, GABM utilizes its annual
membership fees to fund its corporate operations and infrastructure.
Funding of GABM’s Corporate Investments, Partnerships and Corporate
Rescues
GABM’s corporate investments
and partnerships program focuses on the creation of a vibrant business
environment that will be conducive to the aggressive development of
entrepreneurship and the creation of sustainable jobs through the funding of
certain business development projects such as:
Start-ups; M.B.O. M.B.I. or L.B.O.; Mergers and acquisitions; First and second
phase financing; Corporate restructurings; Syndication funding ventures; High
yield speculation transactions; Institutional investments; Financing of commodity
transactions (high yield, short-term transactions); Import/export finance or
payment guarantees (high yield, short-term transactions) and Property
Developments.
To fund these transactions, without requesting donations, GABM establishes
$1-billion US Dollar capital funds on regular intervals in which its associate
members can invest capital. Investment in these capital funds is completely
voluntarily and only GABM associate members are allowed to invest capital. When
a specific fund is fully subscribed, the investing associate members of the
fund appoint an internationally recognized fund manager of their choice that is
responsible to manage the funds on their behalf.
The life cycle of each fund is perpetual but investing associate members can
request the investment capital to be refunded after a period of 10 years. In
terms of an agreement with the GABM investing associate members, 50 percent of
all profits generated by these funds are donated to fund GABM philanthropic
programs as determined and selected by the fund manager of each applicable
fund, and the remaining 50 percent of the profits are paid back to the
respective GABM investing associate members.
Thus, with a nominal investment in one or more of these capital funds, GABM
associate members can participate in numerous philanthropic programs without
donating or allocating capital at any stage, while simultaneously generating
profits for themselves at the same time.
GABM has currently ten $1-billion US Dollar funds, which fund such business
development projects all over the world.
To date (2016) more than $8-billion US Dollar has been invested in thousands of
large business development projects. More than 150 000 permanent and
temporarily job opportunities have been created in the process.
GABM only accepts funding proposals from its associate members who have
submitted our standard Executive Project Summary document.
Funding of GABM’s Equity Grants
GABM’s equity grants towards global natural and humanitarian disasters are
mostly funded from the funds generated by the annual GABM associate membership
fees.
By making these donations GABM also believe it will serve as an encouragement
to other like-minded and prominent organizations to become good corporate
citizens, as well as to support our ‘Let’s Do More Initiative’.
How does GABM allocate funds to natural and humanitarian disasters?
Depending on the nature and the geographical region of a natural or
humanitarian disaster, GABM will donate funds to support large scale relief
efforts. GABM also in certain cases allocate bank debit cards to victims
directly to enable them to acquire emergency food, fresh water, blankets and
tent shelters.
GABM has made equity grants to the following natural and humanitarian
disasters:
·
$10-million US Dollar donation towards the Asian Tsunami Disaster Fund
·
$10-million US Dollar donation towards the Hurricane Katrina Relief
Efforts
·
$20-million US Dollar donation towards the Haiti Earthquake Relief Fund
·
$15-million US Dollar donation towards the Japan Earthquake Relief
Efforts
·
$20-million US Dollar donation towards the Japan Earthquake Relief
Efforts
·
$2-million US Dollar donation towards the Somalia Famine Crisis
·
$10-million US Dollar donation towards the Syrian Humanitarian Crisis
· $120-million US Dollar donation towards the GABM SA Drought Relief Project
Funding of GABM’s ‘Adopt a Student’ Program
· $120-million US Dollar donation towards the GABM SA Drought Relief Project
The annual GABM ‘Adopt a Student’ sponsorship program addresses social needs by
furthering the professional ambitions of deserving underprivileged individuals
across the globe, by providing them with graduate- and post-graduate study
bursaries and sponsorships at approved universities.
A database of young, dynamic and deserving individuals are being updated from
time to time by GABM, from which its associate members can select candidates to
sponsor.
To date, GABM associate members have provided tertiary education sponsorships
for 12 369 deserving underprivileged individuals, and by so doing they have
effectively transformed earlier unskilled and unemployed individuals into the
business leaders and job creators of tomorrow.
Funding of GABM’s ‘Adopt an Entrepreneur’ Program
The GABM ‘Adopt an Entrepreneur’ program has been initiated in September 2005
in support of global entrepreneurship development. GABM associate members have
shown remarkable good corporate citizenship in this regard with the
establishment of the $125-million US Dollar African Entrepreneurial Development
Fund, which has 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 for traditional banking credit facilities.
The significance of the ‘Adopt an Entrepreneur’ program is that it would
empower subsistence farmers and small entrepreneurs with the necessary
resources and ability to take responsibility for their own lives by generating
sufficient future income for their respective families’ needs and requirements,
thereby ultimately alleviating poverty amongst the millions of poor Africans in
communities where it is needed most.
A database of qualified deserving individuals is being updated from time to
time by GABM, from which its associate members can select candidates to
sponsor.
To date, GABM has provided approximately $90-million US Dollar in funding to
more than 40 000 subsistence farmers and small entrepreneurs in 38 African
countries.
Funding the hosting of GABM’s Corporate Conferences and Seminars
Some associate
members fund GABM corporate conferences, functions and seminars while others
contribute by being the specialist guest speakers and presenters.
GABM hosts 12 annual international conferences in major cities all over the
world.
With the emphasis on contributing to a safer and better global economy, GABM
has also recognizes the importance of hosting and presenting corporate
functions, presentations as well as seminars to share corporate expertise,
knowledge and general business information between international business
leaders that will include the following objectives:
· To 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 good corporate citizenship that
will accelerate the development of entrepreneurship and infrastructure as well
as the translation of theoretical knowledge into practical results that will
lead to the alleviation of 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 and individual responsibility
7. How is GABM differentiated from other philanthropic or charity
organizations?
What clearly differentiates GABM from the thousands of other charity
organizations is the rationale behind our philanthropic programs, which focuses
on, and addresses, the causes of poverty as appose to only the symptoms
thereof.
Moreover, a further distinct difference at GABM is our innovative business and
funding models in terms of which we NEVER, EVER have to request donations from
our associate members to fund our Philanthropic programs.
8. What Value Proposition does GABM offer to potential associate
members?
GABM has developed a revolutionary funding model, which entails that the
organization would NEVER, EVER have to request donations from its associate
members to fund its philanthropic programs.
The value proposition of GABM’s funding model means that when associate members
invest a nominal amount in a GABM facilitated capital fund, they can
participate in a myriad of philanthropic programs without having to EVER donate
money in exercising their respective philanthropic aspirations. In fact, they
are doing just the opposite and generating money instead. (Read the FAQ’s on
GABM’s Capital Funds for more detail in this regard).
Similarly, when GABM associate members decide not to invest in a GABM
facilitated capital fund, they can still participate in as much philanthropic
programs as they like, always allocating their capital contributions directly
to the applicable program knowing it reaches the intended purpose and that it
will never be lost or misappropriated through ineffective or fraudulent charity
schemes.
Moreover, by participating in specific GABM philanthropic programs,
philanthropists engage in downright simple, yet proven and effective
international philanthropic programs that makes a measurable and meaningful
difference in the fight against global poverty while experiencing the joy and
satisfaction of the successful outcomes of their contributions.
9. Where is GABM based?
GABM currently has 21 global offices.
10. What is GABM’s Credo?
We are relentless philanthropists who make a meaningful and measurable
difference towards the eradication of global poverty.
11. What is GABM's Business Model?
The GABM Business Model is based on a principle of the Common Purpose and the
Combined Efforts of a large group of successful, dedicated and passionate
people that allocate their respective corporate resources to the improvement of
the physical and socio-economic environment of the global economy, as a strong
collective.
12. What is the corporate purpose of GABM?
The exclusive corporate purpose of GABM is:
· To establish and manage a global corporate infrastructure having various
philanthropic programs in which our associate members can participate or
contribute
· To serve as a catalyst for global billionaires and millionaires to
contribute financial resources, as well as to share their valuable time and
corporate knowledge with the next generation of business leaders and
entrepreneurs
· To advocate the principle of corporate philanthropy and good corporate
citizenship
· To establish a global corporate movement against the alleviation of
poverty through GABM’s ‘Let’s Do More Initiative’ campaign
· To provide its associate members with the benefit of being associated to
an organization that has international stature of the highest order, influence
and power, as well as access to invaluable strategic corporate alliances, which
they so rightfully deserve
13. What is the objective GABM would like to achieve?
GABM wishes to establish an influential global organization without the
restrictions of any political, religious or cultural affiliations, but having
substantial corporate resources and a strong voice that will be able to make a
significant positive impact on the greatest disaster of our generation – global
poverty.
14. How does GABM intend to achieve this objective?
GABM wishes first and foremost to expand its global membership base to at least
1 million members, consisting of business leaders, academics, professional
individuals and political decision makers as well as influential companies.
Secondly, GABM intends to establish Chambers in every democratic country in the
world to provide the organization with local representation, substance and
influence.
15. How are GABM’s corporate values reflected?
GABM’s overall success is a direct result of the organization’s and the
associate members’ uncompromising commitment towards the highest standards of
corporate governance practices and its associate members’ quest to endorse and
support the organization’s Constitution and stringent Membership Charter.
- Constitution
By endorsing the Constitution of GABM, associate members acknowledge that they
share the same corporate values, vision, mission and goals and identify
themselves with the corporate practices, rules, regulations, principles and
policies of the organization. Exclusivity ensures associate members’ interests
are paramount in all their activities.
- Membership Charter
GABM’s Membership Charter addresses the ways in which associate members of this
organization are expected to conduct themselves to bring into practice its
vision, mission and goals. It further ensures that associate members always act
as responsible corporate citizens by fulfilling their social and moral
responsibilities through GABM’s various philanthropic programs.
16. What is the responsibility of the GABM Board of Executives?
The GABM Board of Executives is responsible for the establishment and
management of the organization’s global corporate and philanthropic
infrastructure through which its associate members can voluntarily engage in
various global philanthropic programs, either individually or in a group
collective.
17. Does the GABM Regional Chambers form part of the organization’s
executive management structure?
No. GABM Regional Chambers are managed independently in support of the
international philanthropic initiatives of GABM in their respective countries.
18. How can I get involved with GABM?
There are several ways that a corporate or professional individual can support
and participate in GABM’s activities:
- GABM Associate Membership
Apply for Platinum or Gold Membership Status and promote, support, contribute
and/or participate in at least one of GABM’s philanthropic programs per annum.
- Regional Chamber Chairman Positions
Apply for a well-remunerated GABM Chamber Chairman Position, responsible for
the management of a regional GABM chamber.
- GABM Goodwill Ambassador Opportunities
Apply to be appointed as a GABM Goodwill Ambassador and devote about 2 hours
per week of your valuable time to promote GABM’s corporate activities and
philanthropic programs as a good corporate citizen.
- GABM Marketing Executive Positions
Apply for a well-remunerated GABM Marketing Executive Position and recruit
influential companies and affluent professionals to become GABM associate
members.
- GABM’s On-line Advertising Facility
Advertise your company logo on our website and benefit from international
exposure for 12 months; as well as the benefit of submitting your business marketing
material on a monthly basis for 12 months, which GABM will disseminated to an
exclusive advertising audience of about 500 000 professional consultants,
business leaders, corporations and academics.
- GABM’s Corporate Resources Advertising Facility
GABM now provides an unmatched opportunity to business leaders and
entrepreneurs to raise capital directly from its myriad of global Billionaire
and Millionaire associate members in a swift and favorable manner through this
exclusive advertising facility.
- GABM’s ANNUAL Award Program
Inform us of your company’s CSR Policy and stand a chance to be nominated to
receive a ‘Best Corporate Citizen Award’ certificate from GABM as recognition
of your company’s engagement in good corporate citizenship practices.
- Join the GABM ‘Let’s Do More’ initiative
If you are not a registered GABM associate member or GABM advertising client
but support our vision, goals, and objectives, you can provide us with your
support in creating an international movement to eradicate global poverty as a
collective.
ASSOCIATE MEMBER FAQ’S
1. How many associate members
does GABM have?
GABM currently has approximately 341 000 registered associate members in its
designated African, Asian, Australian, European, North American and South
American continents.
2. Why does GABM not publish a
list with the names and details of its associate members?
For the exact same reasons as any bank, or financial institution, or similar
organization in the world – TO PROTECT THE PRIVACY AND CONFIDENTIALITY OF GABM
ASSOCIATE MEMBERS, as is also guaranteed to associate members in the GABM
Constitution.
3. We have our own CSR Policy and programs, why then should we
become GABM associate members as well?
At GABM, we firmly believe that the compulsory or statutory engagement by
corporations in local Corporate Social Responsibility (CSR) programs; or
donations made by individuals to local charities does not suffice in terms of
good corporate citizenship, or ultimately a way to escape our collective
responsibilities towards the creation of a safe and better global economy for
all mankind.
Considering the enormous challenges facing the global economy of today, our
philosophy is that real good corporate citizens will, as a matter of course,
unite in a strong international collective to actively and physically
participate in intelligently designed programs, which significantly enhance
international business development; and the development of entrepreneurship;
and the creation of sustainable jobs, etc.
We therefore engage in global philanthropic programs with the significant
combined effort and common purpose of our associate membership collective of
corporate and financial substance, which ultimately secures the success and
sustained development of our onerous objectives that are otherwise impossible
through individual donations and efforts.
GABM’s corporate activities are designed and developed to address the problems
associated to global poverty and not the symptoms thereof.
4. Who can apply for GABM associate membership?
GABM’s vision is to become the largest and most exclusive professional society
of billionaires and millionaires in the world, and as responsible corporate
citizens to significantly contribute collective corporate resources to the
improvement of the physical and socio-economic environment of the global
economy.
As a result, GABM has recently commenced with its vigorous ‘International
Membership Expansion Program’, inviting all billionaires and millionaires,
individuals or corporates, who can add value to GABM’s collective and who
wishes to contribute and participate in its activities, to apply for exclusive
associate membership.
5. What are the qualifying criteria to be granted GABM associate
membership?
To qualify as an associate member of GABM, an individual or corporate
organization must:
·
Be a professional person, defined as:
· A business executive or entrepreneur whose net asset value exceeds one
billion (reflecting in the currency of the country where the associate
billionaire member applicant have citizenship)
· A company, trust or partnership whose net asset value exceeds one
billion (reflecting in the currency of the country where the associate
billionaire member applicant is incorporated)
· A business executive or entrepreneur whose net asset value exceeds one
million (reflecting in the currency of the country where the associate
millionaire member applicant have citizenship)
· A company, trust or partnership whose net asset value exceeds one
million (reflecting in the currency of the country where the associate millionaire
member applicant is incorporated)
· Be a person that has been granted membership by the Board of Executives
of GABM under special circumstances
· Be invited to become an associate member
· Identifies himself with, and supports, the vision, mission, values,
objectives and goals of GABM
· Have and exhibit integrity, loyalty, respect and stature in his
profession and community
· Have and exhibit strong moral and ethical standards
· Continuously promote the interests of GABM and its associate members in
every respect – on personal, social and professional levels
· Respect the exclusivity of GABM through his professional conduct and
through his contributions and participation in GABM’s corporate activities
· Associate membership of GABM is subject to the unconditional acceptance
of, and compliance with, the Constitution of GABM and the GABM Membership
Charter.
6. What are the categories of
associate membership?
GABM makes provision for three categories of associate membership.
Platinum Associate Membership Status
Platinum Associate Membership Status can only be allocated to a business
executive or entrepreneur, a company, trust or partnership whose net asset value
exceeds one billion in the currency unit of the applicant’s country of
residence or incorporation or any such amount as management of GABM may from
time to time determine.
Gold Associate Membership Status
Gold Associate Membership Status can only be allocated to a business executive
or entrepreneur, a company, trust or partnership whose net asset value exceeds
one million in the currency unit of the applicant’s country of residence or
incorporation or any such amount as management of GABM may from time to time
determine.
Silver Associate Membership Status
There are no fees applicable to Silver Associate Membership, as this category
of associate membership is only allocated to honorary associate members and
GABM Goodwill Ambassadors on the sole discretion of GABM’s Board of Executives.
7. What is the cost of GABM associate membership?
Platinum Associate Membership Status
Platinum Associate Membership can be obtained for an annual amount of $20 000
US Dollar, or any such amount as management of GABM may from time to time
determine.
Associate membership fees are not refundable under any condition or for
whatsoever reason.
Gold Associate Membership Status
Gold Associate Membership can be obtained for an annual amount of $10 000 US
Dollar, or any such amount as management of GABM may from time to time
determine.
Associate membership fees are not refundable under any condition or for
whatsoever reason.
8. Is there risk involved in associate membership of GABM?
GABM associate membership does not have any financial risk whatsoever as GABM
does not manage any capital on behalf of its associate members.
The function of GABM is merely to develop philanthropic programs and to
facilitate members’ participation. All allocation of capital in these programs
is done by GABM associate members directly.
The lack of associate members’ participation in the activities of GABM as a
non-profit philanthropic organization however carries the risk that GABM will
not be able to make the significant inroads into the eradicating global poverty
as envisaged.
9. Do associate membership fees represent an investment or
shareholding in GABM?
No. GABM Associate Membership fees do not represent an investment or
shareholding in GABM.
10. May GABM associate membership be ceded, assigned, bequeathed, made
over, disposed, transferred, traded or sold?
No associate member shall be entitled to cede, assign, bequeath, make over,
dispose or otherwise transfer any or all his/her rights, interest or
obligations in terms of his/her membership or the Constitution.
11. What are the benefits of GABM associate membership?
· Access to the various development as well as philanthropic programs
through GABM’s corporate infrastructure
· Professional as well as corporate exposure that most certainly
accelerates intellectual, financial and business growth
· The prestige to be formally associated with an unparalleled
international organization respected for its stature and exclusivity
· The proud association with the world’s elite and most successful,
influential and powerful entrepreneurs and business executives as strategic
alliances
· The privilege of being formally associated with an international
organization that provides an infrastructure, through which its associate
members can collectively participate in a philanthropic cause as a strong,
constructive, and substantial force as appose to individual efforts
· An associate membership that recognizes and respects the outstanding
corporate achievements, leadership successes, as well as financial and social
status of its associate members
· The honor of achieving philanthropist status and recognition
· The privilege to use GABM’s corporate logo on individual or corporate
documentation and correspondence to reflect associate membership to GABM
· The privilege to create a website hyperlink to that of GABM to reflect
professional association with GABM
· To benefit from the insightful opinions and information presented at
GABM’s various international forums on global matters of importance
12. What will I receive back in
return for my annual GABM associate membership fee?
Apart from the above mentioned GABM associate membership benefits, GABM
associate members do not receive any additional monetary or any other benefit
in return for annual membership fees.
However, as philanthropists, the significant benefit and the direct value
proposition of promoting, supporting, contributing and participating in GABM’s
philanthropic programs is that one can become directly involved with the
individual you are developing or sponsoring, and thereby experiencing the
physical growth of the said individual or family as appose to merely giving a
donation to a charity of sorts and do not know how your capital will be
utilized. Moreover, one has the satisfaction of knowing that you have
potentially created another responsible citizen in the world, able to secure
the financial, education, health, and home security for yet another family.
13. What are the responsibilities of GABM associate members?
· All contributions and/or participation in GABM’s various philanthropic
development programs by associate members are voluntary. It is however required
that an associate member must contribute and/or participate in at least one of
GABM’s philanthropic development programs per annum.
· Associate members are obliged to make available, free of any
compensation whatsoever or alternatively on the discretion of Management, their
respective knowledge, experience, business associations, resources and
assistance, of any kind, to the benefit of GABM and/or its philanthropic
development programs.
· An associate member accepts unconditionally to take responsibility,
collectively and individually, for the sustainability, growth, and success of
GABM, with specific reference to its corporate culture, objectives, goals,
and/or membership expansion, of whatsoever nature.
· Associate member contributions and participation in GABM’s philanthropic
development programs is subject to and restricted by the laws, regulations and
rules governing either the respective country or province where citizenship or
residency is held or where members may choose to contribute or participate in
any of such philanthropic development programs.
14. What is the procedure to
apply for GABM associate membership?
For an applicant to become an associate member, he should:
·
Familiarize himself with the general information about GABM
·
Familiarize himself with GABM’s Constitution
·
Complete the Membership Application Form
·
Scan and e-mail the Membership Application Form to GABM
·
Await assessment and acceptance
·
Pay the first annual membership fee into the account provided by GABM
·
Provide GABM with a proof of payment document
· Upon receipt of the membership fee, the associate member’s details will
be entered in the Member Register
· The associate member will be provided with a Welcome Letter and a GABM
Associate Membership Certificate
PHILANTHROPIC AND DEVELOPMENT PROJECT
FAQ’S
1. What is the focus of GABM’s Philanthropic
programs?
We are quite aware of the myriad of
needs in the world, but the philanthropic programs of GABM are designed
specifically and exclusively to focus on the alleviation of global poverty.
We believe that poverty is the
biggest threat to world peace and stability! Therefore, we are diligently
funding large-scale business development projects to support economic activity
and to create sustainable jobs; and aggressively develop entrepreneurship; and
engage in leadership mentoring programs; as well as sponsoring deserving
students at universities as a pragmatic approach to address the causes of
poverty.
2. How often will GABM ask for donations from
its associate members to fund its programs?
GABM never, ever request donations
from its associate members to fund its philanthropic programs or activities.
3. How are GABM’s programs and philanthropic
activities actually funded?
GABM’s business and funding models
are the main reason for GABM’s success to date.
Our unique and sustainable funding
model allows the organization to never request capital grants from its
associate members in order to fund its philanthropic corporate activities
4. What are the current programs
or activities of GABM?
GABM’s primary goal with its
philanthropic programs is to aggressively support and develop global
entrepreneurship by contributing corporate expertise, business opportunities
and capital resources to various deserving candidates and projects.
GABM’s secondary goal emphasizes –
and plays an active part in – the support of various other vital social,
economic and environmental considerations.
GABM’s philanthropic and various
other development programs include, but are not restricted to:
Tertiary Education Sponsorships
The GABM ‘Adopt a Student’
sponsorship program addresses social needs by furthering the professional
ambitions of deserving underprivileged individuals across the globe, by
providing them with graduate- and post-graduate study bursaries and
sponsorships at approved universities.
A database of young, dynamic and
deserving individuals are being updated from time to time by GABM, from which
its associate members can select candidates to sponsor.
To date, GABM associate members have
provided tertiary education sponsorships for 12 369 deserving underprivileged
individuals, and by so doing they have effectively transformed earlier
unskilled and unemployed individuals into the business leaders and job creators
of tomorrow.
Entrepreneurial Development Financing
The GABM ‘Adopt an Entrepreneur’
program has been initiated in September 2005 in support of global
entrepreneurship development. GABM associate members have shown remarkable good
corporate citizenship in this regard with the establishment of the $125-million
US Dollar African Entrepreneurial Development Fund, which has 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
for traditional banking credit facilities.
The significance of the ‘Adopt an
Entrepreneur’ program is that it would empower subsistence farmers and small
entrepreneurs with the necessary resources and ability to take responsibility
for their own lives by generating sufficient future income for their respective
families’ needs and requirements, thereby ultimately alleviating poverty
amongst the millions of poor Africans in communities where it is needed most.
A database of deserving individuals
is being updated from time to time by GABM, from which its associate members
can select candidates to sponsor.
To date, GABM has provided
approximately $90-million US Dollar in funding to more than 40 000 subsistence
farmers and small entrepreneurs in 38 African countries.
Corporate Investments and
Partnerships
GABM’s corporate investments and
partnerships program focuses on the creation of a vibrant business environment
that will be conducive to the aggressive development of entrepreneurship and
the creation of sustainable jobs through the funding of certain business
development projects such as:
Start-ups; M.B.O. M.B.I. or
L.B.O.; Mergers and acquisitions; First and second phase financing;
Corporate restructurings; Syndication funding ventures; High yield
speculation transactions; Institutional investments; Financing of
commodity transactions (high yield, short-term transactions); Import/export
finance or payment guarantees (high yield, short-term transactions) and
Property Developments.
To fund these transactions, without
requesting donations, GABM establishes $1-billion US Dollar capital funds
on regular intervals in which its associate members can invest capital.
Investment in these capital funds is completely voluntarily and only GABM
associate members are allowed to invest capital. When a specific fund is fully
subscribed, the investing associate members of the fund appoint an
internationally recognized fund manager of their choice that is responsible to
manage the funds on their behalf.
The life cycle of each fund is
perpetual but investing associate members can request the investment capital to
be refunded after a period of 10 years. In terms of an agreement with the GABM
investing associate members, 50 percent of all profits generated by these funds
are donated to fund GABM philanthropic programs as determined and selected by
the fund manager of each applicable fund, and the remaining 50 percent of the
profits are paid back to the respective GABM investing associate members.
Thus, with a nominal investment in
one or more of these capital funds, GABM associate members can participate in
numerous philanthropic programs without donating or allocating capital at any
stage, while simultaneously generating profits for themselves at the same time.
GABM has currently ten $1-billion US
Dollar funds, which fund such business development projects all over the world.
To date, more than $8-billion US
Dollar has been invested in thousands of large business development projects.
More than 150 000 permanent and temporarily job opportunities have been created
in the process.
Corporate Rescues
While we focus on the development of entrepreneurship and to create more job
opportunities, we find that thousands of skilled employees and professional
individuals are still being laid off on a monthly basis due to the global
economic recession of late, or as a result of corruption, or fraud, or
ineffective 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-term
philanthropic program.
Corporations facing liquidation:
We urge the Management of
corporations facing potential liquidation to request assistance from GABM’s
Board of Executives as soon as possible. The Management should then provide
GABM with a mandate to appoint a consultation group or corporate advisory
specialists and strategists from its fold, at no cost to the Management, to act
on their behalf in an effort to save the company and assist with a most-likely
corporate restructuring process. In addition, the Management of such
corporations can submit the standard Executive Project Summary document
together with the applicable Business Plan to GABM’s Board of Executives to
apply for access to financing from GABM’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
associate membership. As and when deemed necessary, GABM will invite these
corporate advisory members to make available and invest their corporate expertise
and valuable time as a consultant in such ‘Corporate Rescue’ consultation
groups, specifically designed to save corporations from liquidation and to
secure long-term employment of employees.
Equity Grants
GABM’s equity grants towards global natural
and humanitarian disasters are funded from the funds generated by the annual
GABM associate membership fees.
By making these donations GABM also
believe it will serve as an encouragement to other like-minded and prominent
organizations to become good corporate citizens, as well as to support our
‘Let’s Do More Initiative’.
How does GABM allocate funds to
natural and humanitarian disasters?
Depending on the nature and the
geographical region of a natural or humanitarian disaster, GABM will donate
funds to support large scale relief efforts. GABM also in certain
cases allocate bank debit cards to victims directly to enable them to acquire
emergency food, fresh water, blankets and tent shelters.
To date, GABM has made equity grants
to the following natural and humanitarian disasters:
·
$10-million US Dollar donation towards the Asian Tsunami Disaster Fund
·
$10-million US Dollar donation towards the Hurricane Katrina Relief
Efforts
·
$20-million US Dollar donation towards the Haiti Earthquake Relief Fun
·
$15-million US Dollar donation towards the Japan Earthquake Relief
Efforts
·
$20-million US Dollar donation towards the Japan Earthquake Relief
Efforts
·
$2-million US Dollar donation towards the Somalia Famine Crisis
·
$10-million US Dollar donation towards the Syrian Humanitarian Crisis
· $120-million US Dollar donation towards the GABM SA Drought Relief Project
· $120-million US Dollar donation towards the GABM SA Drought Relief Project
Corporate Conferences, Functions and Seminars
Some associate members fund GABM
corporate conferences, functions and seminars while others contribute by being
the specialist guest speakers and presenters.
GABM annually hosts 12 international
conferences in major cities all over the world.
With the emphasis on contributing to
a safer and better global economy, GABM has also recognizes the importance of
hosting and presenting corporate functions, presentations as well as seminars
to share corporate expertise, knowledge and general business information
between international business leaders that will include the following
objectives:
· To 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 good corporate citizenship that
will accelerate the development of entrepreneurship and infrastructure as well
as the translation of theoretical knowledge into practical results that will
lead to the alleviation of 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 and individual responsibility
5. What is the procedure for GABM associate
members if they wish to support, contribute, or participate in any of GABM’s
programs or activities?
· Associate members of GABM who are interested to participate in any of
its corporate programs and activities can do so by written request to the Board
of Executives of GABM
· Your request must be in English and must contain your GABM associate
membership number
· The request must be e-mailed to GABM.
· Every request will be strictly evaluated according to the merits
contained in the applicant’s written request
6. Will GABM fund philanthropic programs from
other charity organizations?
No. GABM unfortunately does not
finance philanthropic programs or events of other philanthropic organizations,
unless it is a commercially viable project.
Any GABM associate member or GABM
corporate resources advertiser may present to the Board of Executives proposals
of prospective and deserving philanthropic programs and events for
consideration. The Board of Executives are continuously evaluating the requests
and proposals presented by its associate members and select programs most
suited for GABM’s involvement and applicable to its available resources that
will ensure the success and sustainability of any particular program.
The criteria for considering any
particular program are subject to its ability to add significant value to the
global as well as local physical and socio-economic environment.
The GABM Board of Executives as well
as in some instances independent corporate auditors are collectively all
responsible to measure and manage the effectiveness of GABM’s contributions
towards its philanthropic programs. When the Board of Executives has selected
specific philanthropic programs, such are disseminated to all associate members
of GABM for their perusal.
Associate members can then decide
whether they would like to participate and/or contribute in any particular
program. Associate members can also decide whether their participation or
contributions will be off a capital, human resources or of any other related
nature.
All contributions and/or
participation in GABM’s various philanthropic development programs by associate
members are voluntary!
All collective contributions of
whatsoever nature towards GABM’s philanthropic programs are provided by its
associate members through capital investments, grants, sponsorships, knowledge
contributions, etc.
7. Where are the majority of
projects undertaken?
Generally, most of our philanthropic
programs are active in developing countries and most of our sponsors are from
developed countries.
GABM is however limited to work in
any country under UN sanctions or other trade restrictions, for example,
countries like Iran, North Korea, etc.
8. Can I be provided with detailed
information or any proof on GABM’s projects and activities?
GABM has published certain
statistics, information as well as press articles on its website that are open
to the public. However, requests for information pertaining to specific details
of projects and member participation are handled with care as GABM is bound by
its Constitution to protect the confidentiality of transactions and information
pertaining to the affairs of its associate members. Where GABM is granted
permission to release such information, it will do so upon submission of a
suitably motivated request in writing.
9. Does GABM have a public disclosure policy
with regards to the performance and effectiveness of its philanthropic
programs?
GABM’s disclosure policy excludes
anyone from the public which is not an associate member of the organization.
However, in extraordinary situations like natural disasters as well as in the
case of the African Entrepreneurial Development Program, the Board of
Executives may decide to reveal its contributions to the media. This would only
be done in order to motivate and inspire other corporates and affluent
individuals to follow suit.
$1-BILLION USD CAPITAL FUNDS FAQ’S
1. Why does GABM establish
$1-Billion US Dollar capital funds?
To first and foremost, fund its philanthropic programs.
GABM establishes $1-billion US Dollar capital funds on regular intervals in
which its associate members can invest capital. Investment in these capital
funds is completely voluntarily and only GABM associate members are allowed to
invest capital. When a specific fund is fully subscribed, the investing
associate members of the fund appoint an internationally recognized fund
manager of their choice that is responsible to manage the funds on their
behalf.
The life cycle of each fund is perpetual but investing associate members can
request the investment capital to be refunded after a period of 10 years. In
terms of an agreement with the GABM investing associate members, 50 percent of
all profits generated by these funds are donated to fund GABM philanthropic
programs as determined and selected by the fund manager of each applicable
fund, and the remaining 50 percent of the profits are paid back to the
respective GABM investing associate members.
Thus, with a nominal investment in one or more of these capital funds, GABM
associate members can participate in numerous philanthropic programs without
donating or allocating capital at any stage, while simultaneously generating
profits for themselves at the same time.
2. Does the investment capital for GABM’s $1-Billion US Dollar
capital funds originate from legitimate funding sources?
Yes. The investment capital is raised from registered GABM associate members
only, and investors are required to provide GABM with guarantees and
confirmation from reputable commercial banks in respect of the origin of funds.
3. What types of capital funds can be established?
Capital Funds can be established for various industries, such as Venture
Capital/Private Equity Funds, or Investment Funds to be invested in capital
markets, or Forex Funds, or Real Estate Funds for property developers, or Green
Energy Funds, etc.
GABM
currently has established ten $1-Billion US Dollar capital funds of which:
· Three are Venture Capital/Private Equity Funds that invest in business
development projects all over the world, having an average annual ROI of 35%
per annum.
· Three are Investment Funds, which are under management with Asset and
Wealth Management institutions, having an average annual ROI of 20% per
annum.
· Two are Special Situation Funds. The focus of these funds will be
corporate rescues and more specifically turnarounds, restructurings,
bankruptcies and other special situations, having an average annual ROI of 43%
per annum.
· The remaining two funds are Real Estate Funds and will focus on the
development of, and investment in lucrative property transactions all over the
world, having an average annual ROI of 18% per annum.
4. How often can GABM establish
a $1-Billion US Dollar capital fund?
GABM can currently establish at least one $1-Billion US Dollar capital fund per
annum.
5. Who is responsible for the management of the GABM capital funds?
When a particular $1-Billion US Dollar capital fund is fully subscribed and
closed for investments, the investing associate members appoint a management
committee who will be responsible to appoint an experienced Fund Manager to
invest and manage the capital on their behalf.
The GABM Board of Executives will invite internationally recognized Fund
Managers on behalf of the investing associate members to submit tenders for
consideration.
The Board of Executives will then make their recommendations to the committee
who will make the final decision on which Fund Manager will invest and manage
the applicable capital fund on behalf of the investing associate members.
6. What are the requirements to establish a $1-Billion US Dollar
GABM Capital Fund?
The following criteria are applicable when a registered GABM associate member
applicant is seeking 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 a registered Offshore Company (operating as a Private Equity
Fund/Capital Fund) to qualify for corporate tax exemption.
Board of Executives/Directors
Any proposed $1-Billion US Dollar GABM Fund must have a Board of
Executives/Directors of at least 20 members and a maximum of 25 members, of
which 10 members will be Executive members and the remaining will be
Non-Executive members.
Normally the Board of Executives/Directors is the applicable Fund’s founding
members. These members may however be removed or replaced by the majority of
investors at the annual general meeting of each Fund.
It is required that all 20 - 25 Board Members must have GABM Platinum or Gold
Membership Status, as well as be co-investors in the applicable Fund.
Management
The Board of Executives/Directors of a $1-Billion US Dollar GABM Fund may
decide to manage the applicable Fund by them self, or appoint an independent
Fund Manager to manage the applicable Fund on their behalf.
When the applicable Board of Executives/Directors of a $1-Billion US Dollar
GABM Fund decides to appoint an independent Fund Manager to manage the Fund on
their behalf, GABM will initiate a tender procedure from which the Board of
Executives/Directors can select the most qualified and appropriate Fund
Manager.
It is required from an independent Fund Manager to have GABM Platinum or Gold
Membership Status or to be a GABM advertising client.
Remuneration of Fund Managers
The remuneration packages of the Board of Executives/Directors or independent
Fund Managers are on discretion of the investors of each applicable GABM Fund.
The annual remuneration packages of each GABM Fund’s Board of
Executives/Directors or independent Fund Managers may however never exceed 2.5%
of the applicable Fund’s value at the end of each year.
Fund Industry
Any proposed $1-Billion US Dollar GABM Fund must have a clearly defined
industry or operational preference, for example Private Equity Fund; or Investment
Fund (capital markets); or Property Investment Fund; or Entrepreneurial
Development Fund, etc.
Capital Requirements of GABM Funds
GABM only makes provision for Funds having a market capitalization of
$1-Billion US Dollar. Only registered GABM associate members with Platinum or
Gold Membership Status may invest in any of GABM’s Funds.
Profits generated by GABM Funds
It is agreed between GABM and the investing associate members of each
applicable Fund that 50% of profits generated by a Fund must be allocated by
the applicable investors in any of GABM’s Philanthropic Programs. The remaining
50% of the profits are for the benefit of the applicable investors.
Duration of GABM Funds
All GABM Funds are perpetual, but an investor may terminate his respective
investment any time after a period of 10 years.
Application procedures to establish a $1-Billion 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
· 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.
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