Philantropists wanted for Center of Timism

What you can do

  1. Help the Primary Moral Imperative (PMI) of saving life on Planet Earth from Climate Hell.
  2. Help promote better democracy and better capitalism.
  3. Receive 1,000 lifehour credits (IPO value of $25 each) for each $25,000 lent to Timism.
  4. Acknowledgement on primary page of topic selected.
  5. In effect, you are endowing not a chair in a department but are endowing a concept for humanity and civilization in fulfillment of the PMI.
  6. Faculty member who puts up funds has rights of first refusal on being the advisor for the funded option ... nice career investment: guaranteed loan repayment, lifehour bonus, and curriculum vitae enhancement. Or, a department could form a pool like a pooled lottery with a name being drawn as to who will be the advisor. The advisor is the spokesperson for focus of the option. (If I was a young academician, I would quickly pay the $1000 reservation fee (7 days) and then a bank loan to buy the right-of-first-refusal.)
  7. Assigned Departments to topics are not set in concrete. For instance, chemistry is used when an environment department would be better. The university can assign the best fit.

What you need to do:

  1. Sign up for a Timism account.
  2. Philantropist can be individual, business, university, school, department, or a group.
  3. Select a concept or option with a reserve fee  payment of $1000 which is a two-fer. (Payment reserves right for 7 days within which to send loan amount to university.) Loan amounts are as follow:
    Interns $50k/each
    plus $75k
    (advisor)

    Lifehours
    bonus

    3

    $225k

    9,000

    5

    $325k

    13,000

    7

    $425k

    17,000

  4. Intern benefits: Hourly wage with lifehour bonus. Last a year (or sooner if certain criteria is met), receive lifehour grant equal to student and auto loans.

Funds Management:

  1. When money is received at university finance center (earmarked for a Timism philantropic effort), the finance center will notified the department to get names of interns and advisor to start cutting monthly payment checks.
  2. Loans will be repaid from Timism cashflow.
    1. Start-up fees: 1st one million is free with subsequent accounts paying one hour wages. With average hourly wage of about $25, each additional million accounts will generate $25,000,000 which will pay off the loans. It is unlikely that the full loan amount will be used.
    2. Brainbee fees: Millions of dollars.
    3. When cashflow eliminates loan usage along with paydown of outstanding loans, philantropists will be released from loan guaranteed savings.
    4. Quarterly repayment is from Timism cashflow and per profit-sharing allocation: If a philantropist has 2% of the outstanding loans, he receives 2% of the funds received. (Paypal, or a similar on-line payment system, will be used for payments.)