Neal Katz pledges one half of all his proceeds from The Victoria Woodhull Saga, including all ancillary rights to establish the New Woman Development Foundation. The NWDevF mission is to:
Promote awareness of women emancipation,
and empower women globally, in a financially
sustainable and renewable manner.
Charitable activities will be delivered through the concept of Credit Funding, developed by Mr. Katz. This will create a new approach to charity funding— “charitable loans.” Beneficiaries will agree to pay forward the funds they receive, when they have become successful, by making donations to the Foundation to sponsor the next person in line.
Example: A vocational training program will select inner city single mothers to become licensed Registered Nurses or Medical Technicians. Moms will receive the funds and support to complete their training, and job placement. As new high-income wage earners, each mom will donate 20% of her net pay to the Foundation to fund the next woman. Note: Because the charitable donation is deductible, this avoids the phantom income tax on funds used to repay the principle on student loans.
The plan is to roll out the first program as a reality TV show, with three teams of eight mothers in different cities. After a dramatic selection process, the usual weekly competitions would be part of the program, except in this show everyone wins. 25% of the judging criteria each week is based on how much each individual helps her teammates, and 25% on how each team helps the other teams. Thus, to win, you have to help everyone else. Everyone gets a prize, some more impressive than others.
The NWDevF will co-produce the show, and any realized profits will be used to expand Foundation outreach.
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