Our shareholders elected to take less compensation this year than previous years and to give a larger percentage to these endeavors.
Las Vegas, NV (PRWEB) December 22, 2008
In these tough economic times, it is hard for businesses to find extra funds to sponsor charities, but LG SCIENCES LLC, maker of sports supplements, is keeping its commitment to give to those in need. This company currently sponsors over 50 children in the U.S.A and abroad with food, shelter and clothing and recently helped to provide Christmas toys to at risk kids in the struggling economy.
Despite the soft economy, LG Sciences LLC has pledged to add more children in need to the company's roster. "Now more than ever it is important to give to the needy. Often, we are shown images of starving kids in other countries, but we are surprised to see that children here, in the U.S. and in Michigan are not properly nourished nor schooled. This is where we are going to focus our efforts this Christmas season," mentioned Justin Bozung, General Manager for LG Sciences. "Almost daily we receive letters, cards and pictures from our sponsored kids thanking LG Sciences for giving them hope and long-lasting changes in their lives. These pictures & letters adorn our bulletin board so that our employees & guests can share the touching letters & beautiful photos of our families. I hope they know that our hearts go out to them." commented Bozung. Although the company had a goal to sponsor 100 kids by the end of 2008, recent business setbacks have impacted the ability to give as much as projected, although the company still expects to grow its charitable donations by at least ten percent.
Recent reports suggest that over 50% of Americans are giving less in 2008 than they did in 2007. " LG SCIENCES LLC added more sponsored children in 2008 and will continue to be adding to the charity in December." How did they do it? "Our shareholders elected to take less compensation this year than previous years and to give a larger percentage to these endeavors." One important part of giving is making sure that the money actually goes to the kids, and there are many research sites that track how charitable organizations use the money. Bozung warns "Look for ones with an A- rating or higher, ensuring that at least 80% of the pledged money goes to the actual beneficiaries. We are very judicious in our giving because we want the majority of the money to go to the children." Many charitable ratings organizations can be found on the Internet that give and exact breakdown of expenditures.