In order to make better use of these donations, the University of Nyasaland has set up a foundation to support the faculties of the University of Nyasaland and the education and health system in Nyasaland.

In fact, Phyllis already has a foundation under her name, and it is also the foundation co-founded by Roque and Xiao Si, which is also the largest and strongest foundation in southern Africa, and the annual donations are also more than one million rand.

Donation of one million does not mean income million, the foundation established by Roque and Xiao Si is also investing in foreign aid at the same time, and the profits from the investment will also be used for foreign aid, which was mainly made through the RAND Bank in the past, and now it has added the Nyasaland company, and the investment income has increased year by year.

"We now give 30 per cent of our annual proceeds to foreign aid, last year we donated four secondary schools and two hospitals in Nyasaland, a total of 800,000 rand, the council will monitor the use of the fund, in the process, the council found that there are some bad things happening, so we would like to ask Mrs. Nyasaland to be the chairman of the foundation, strictly implement the relevant regulations of the foundation, and not turn good things into bad things." Abu is also helpless, 800,000 rand is not a small number, there will definitely be many problems in the process of implementation, corruption and embezzlement are not expected, extravagance and waste cannot be avoided.

Most of the members of the Nyasaland University Foundation are family members of Nyasaland staff, and these families have relatively high incomes, so the illegal cost of embezzlement is too high, and no one takes the risk to defy the law.

However, the families of those experts and professors also have a problem, they have been in the environment of the University of Nyasaland for a long time, and they are well protected by the University of Nyasaland, not that they do not eat the fireworks of the world, but they will inevitably make some common-sense mistakes in the use of the fund, which will also have a negative impact on the reputation of the foundation.

If Phyllis is the chairman of the foundation, although it is impossible to completely avoid similar situations, it can at least avoid rumors to the greatest extent and protect the honor of the University of Nyasaland, which is also the original intention of the University of Nyasaland to establish the foundation, not for profit, not to avoid taxes, not to collect money, but to better feed Nyasaland.

Charitable foundations in southern Africa are different from the charitable foundations that have changed the flavor of the United States, the foundations in the United States have become a tool for the rich to evade taxes, and the foundations in southern Africa are relatively pure, and the foundations are not established if they want to be established, and individuals or enterprises can only use donations to foundations recognized by the federal government to deduct taxes, and foundation managers cannot use the name of the foundation to purchase goods for personal use, which avoids the use of power by foundation managers for personal gain to the greatest extent.

It should be noted that foundations in southern Africa are also divided into public funds and private funds, and private funds are also recognized by the federal government, but they cannot accept social donations, and they must also take out a part of their income to hand over to the federal government for foreign aid every year, so as to prevent some private equity foundations from achieving ulterior purposes with donations to the greatest extent.

The fund established by the University of Nyasaland, like the fund led by Roque and Xiao Si, is a public fund that openly accepts donations from the public.

The fund that Roque set up to manage his assets is a private equity fund, and in addition to not accepting social donations, he also has to pay a part of his income to the federal government every year.

Of course, the income of private equity funds can be anything, and the Locke family's fund has just been established this year, and the federal government is estimated to not receive the money.

Because the Locke Family Fund has invested a lot abroad, it is estimated that the profit of the Locke Family Fund will not be too much this year, and it would be good not to lose money.

"It's up to Phyllis to decide if she wants to, but I warn you that if you let Phyllis run your foundation, you might be able to spend all of your foundation's money in a year." Roque said the ugly things first, and there were pros and cons to making Phyllis the chairman of the foundation.

As the Lady of Nyasaland, Phyllis wholeheartedly manages Nyasaland as Roque's territory, specifically Roque is responsible for making money, and Phyllis is responsible for spending money, because Xiao Si's wife stays in Salisbury all year round and rarely leaves, so the foundation established by Roque and Xiao Si is actually managed by Phyllis.

The foundation managed by Phyllis donates more than R1.5 million annually.

"It doesn't matter, I will earn it after spending it, the annual income of the foundation is more than 1 million rand, if my wife is willing to serve as the chairman of the foundation, the University of Nyasaland will donate another 1 million to the foundation every year, whatever my wife spends." Abu is generous, and the problems that can be solved with money are not a problem.

"1 million! It's really rich! "Roque didn't know that the University of Nyasaland had become so rich.

Unlike other universities in Southern Africa, the University of Nyasaland has high tuition fees, with the average student costing more than R150 per year, which is higher than the income of middle-class families in the UK.

It sounds like 150 rand is high, but it's not much, and a farm with an area of 200 acres in the three northern states can earn more than 300 rand a year.

The average annual income of urban families is smaller, but it is not difficult to come up with R150, and students can also apply for student loans, which the University of Nyasaland re-disbursements to students in the form of scholarships every year.

Another source of income for the University of Nyasaland comes from the more than 50 laboratories under the University of Nyasaland, which generate eye-watering profits each year, and the laboratories managed by Abu make more than one million rand a year, about 50 percent of which are turned over to the University.

Speaking of which, Roque had no reason to refuse, and sent Abu away, and at dinner in the evening, Roque and Phyllis casually brought up the issue.

"How long have you not cared about the foundation, the foundation spends a lot of money, but it also earns a lot of money, since its establishment to the present, the foundation's assets have increased by more than 50% every year." Phyllis is very dissatisfied with Roque's neglect, and is 50% of the money management experts every year.

"So many?" Roque was surprised, what kind of financial expert is this, this ability to collect money can be called a miser.

Phyllis rolled her eyes generously, taking care not to eat into her nose as she ate.

Rose is the youngest daughter of Roque and Phyllis, and Phyllis has finally fulfilled her wish to have both children, and it is also a capital "good".

Fertility is encouraged throughout Southern Africa, and Nyasaland is no exception, with Roque and Phyllis leading by example as the first family in Nyasaland, and now Roque and Phyllis have two sons and two daughters, setting the best example for Nyasaland.

"It is also possible to manage the University of Nyasaland Foundation, our foundation has focused on the placement of veterans in the past two years, and the University of Nyasaland Foundation can form an effective complementary, with wider coverage and greater influence." Phyllis's life doesn't revolve around children, and if you think of Nyasaland as a big family, Phyllis plays the role of hostess well.

In the last two years, Nyasaland's main focus has been on the resettlement of veterans, especially disabled veterans.

This work is very important to the government of Nyasaland, after the end of the world war, in Nyasaland alone, more than 100,000 soldiers took off their uniforms and returned to the local area, many of them joined the local police or the Brad office as security officers, and many more returned to their farms to become a new generation of farmers or small town sheriffs, not to mention these jobs are inconspicuous, but they are very good for the stability of Nyasaland.

During the world war, there were more than 500,000 meritorious service awards in southern Africa, and the federal governments at all levels gave more than 20 million rand to these meritorious personnel every year.

The foundation managed by Phyllis, through the Servicemen's Service and the Rifle Association, has cooperated with the government of Nyasaland to resettle veterans to the greatest extent possible on this issue, and in Cape and Orange, some veterans have had some disputes with the local government because the resettlement process has not gone smoothly, but this problem has not occurred in Nyasaland.

"Can't you help Rose?" Roque was distressed, Rose hadn't learned to eat yet, she was eating all over her face, and Phyllis didn't care about it.

"Wait until you're done eating, then clean it up, let her eat it by herself now, and cultivate her independence from now on." Phyllis has her own way of educating her children, and she doesn't want Roque to interfere at all.

For a family like Roque, not only will the requirements for children not be relaxed, but they will also be stricter, and Phyllis teaches children that they never let Roque interfere and do not need other people's help.

Of course, Phyllis would definitely not do this kind of thing by herself, such a big eagle castle, all rely on Phyllis to clean up by herself, and she can exhaust Phyllis to death.

"She's still a child!" Roque couldn't accept it, and finally shouted out this wise saying-

"What's wrong with the kid? Can a child break the law and commit a crime with impunity? "Phyllis is very resolute in educating children, and the rights of adults are not universally protected by the law in these years, let alone minors.

Rose didn't know that she had said so many words because of a meal, and looked at Roque with her mouth wide open and laughing happily.

Roque really didn't have many opportunities to eat with his family.

ps: Army Day - I wanted to create a little conflict, write some favorite plots, think about it or forget it, write it tomorrow, and be harmonious today -