So I was recently asked what I would do if I inherited half a billion dollars. Interestingly enough the idea of what I would do with the money came fairly easily. If you asked me this question fifteen years ago the answer would have been spend it all and have a blast; however, since much time and maturing has passed my outlook on the future of my life has changed for the better.
The Kam Foundation.
The first item on my list is to create a charitable foundation whose mission is to provide scholarships to my relatives and descendants of my relatives as these are the only people to be eligible for the Kam Foundation scholarships. The scholarships can be used for trade school, or any four-year college and would provide money up to the Doctorate level. In return, scholarship recipients would be required to spend at least two years to provide tutoring, career counseling, and job placement for other Kam scholarship recipients. Award winners must have at least a 2.75 cumulative GPA and be in good standing.
The second item on my list is to purchase a condominium complex and convert it into the Kam Foundation Complex. This complex would be used to provide temporary housing to all those who are Kam Foundation eligible. The building will be gated, secured, and in an upscale neighborhood to provide the best possible social environment.
The third item on my list is to invest most of the money so that the foundation will grow and continue to be solvent.
In time, I will add more to this list. So, what would you do if you inherited half a billion dollars?
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