About GABM
Global Association of Billionaires and Millionaires (GABM) is the philanthropic division of the Paulsmeier Inc Group, founded in 2000.
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
membership collective by participating in GABM’s philanthropic programs and
corporate activities, as good and responsible corporate citizens. GABM is regulated by its own Constitution
and Membership Charter.
Considering
the enormous challenges facing the global economy of today, our philosophy is
that real good corporate citizens must, 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.
GABM
does not believe in a policy that merely presents oversized checks to charity,
as a way to escape its corporate social responsibility.
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.
GABM’s Funding Model
GABM
has developed its funding model in such a way that it would never have to
request donations from its associate members, besides from the annual
membership fees of course.
GABM
does not manage and/or allocate capital funds on behalf of its associate
members. GABM involve its associate members in its philanthropic programs for
two distinct reasons:
The
first reason is that GABM associate members are in control and manage their own
capital in the philanthropic programs they wishes to participate in. By
allocating their capital contributions directly to the applicable program, our
associate members know it reaches the intended purpose and that it will never
be lost or misappropriated through ineffective or fraudulent charity schemes.
GABM associate members can participate in as much programs as they like. They
can also decide whether their contributions will be off a capital or human
resources or of any other related nature.
Secondly,
by participating in specific GABM philanthropic programs, our associate member
philanthropists are experiencing the joy and satisfaction of the successful
outcomes of their various contributions.
GABM has developed
sustainable and unique funding models to fund its corporate operations and
philanthropic programs:
GABM’s
equity grants towards global natural disasters as well as its corporate operations
and infrastructure are funded
from the funds generated by the annual GABM associate membership fees.
In
order to 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. GABM has
currently six $1-Billion US Dollar funds, which fund business development
projects all over the world. The
Board of Executives will duly notify its associate members when a fund has been
established, what kind of fund it is, what the minimum investment amount is,
when the fund will be closed, etc.
When
a particular $1-Billion US Dollar capital fund is fully subscribed, 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.
These
funds are required to generate bi-annual and/or annual income for the investing
associate members. 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.
The following $1-Billion
US Dollar funds are operational in the GABM portfolio:
Private Equity Funds:
- IBDF Private Equity Fund
- Summit Private Equity Fund
- BDP Private Equity Fund
Capital Markets Funds:
- GABM Investment Fund I
- GABM Investment Fund II
- GABM Investment Fund III
Special Situations Funds:
- GABM Special Situations Fund I
- GABM Special Situations Fund II
Real Estate Funds:
- GABM Real Estate Fund I
- GABM Real Estate Fund II
