Where is the money from Being Human's earnings going?

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downandout

@downandout

Dazzler

Posted: 10 years ago

Forbes recently mentioned that Being Human generates 30 million USD in a year.

An article in Indian Express too mentioned that Salman's lawyer said that Being Human has donated about 42 crores in past 3 years.

The same article says that the net profit for 9 months only (April to December 2014) was Rs 63 crore. There is obviously a huge difference between profit and donation.

http://indianexpress.com/article/entertainment/bollywood/eros-mandhana-sink-after-courts-verdict-on-salman-khan/

In fact, articles about top philanthropists says that the charity by Being Human has been much lower than claimed by his lawyers, about 11 crores between April 2013 and October 2014 (unless we assume that Being Human has been less charitable in 2013-2014 than before that).

http://trak.in/tags/business/2015/01/06/india-top-philanthropists-azim-premji/

Whatever charity one does is commendable.

But is it really ethical to have a profit based business in the name of charity?

Unless there is some explanation for this vast difference in profit and donation.

Edited by downandout - 10 years ago

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pallavi25

@pallavi25

Inactive

+ 5

Posted: 10 years ago

The Being Human earnings are going to:

Sallu's Lawyers's hefty fees, Judge's bank account, Reshma Shetty's bank account, producing movies for various relatives and sycophants ...its a LOOONG LIST! 😆

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707763

Suspended

Posted: 10 years ago

The little business knowledge I have tells me that Being Human Stores are being franchised. They are being run not by Being Human itself but by dealer operators. So basically, Being Human pays these dealer operators a percentage of the sales, and the remaining figures are used in production, marketing etc. If you take in account all the expenses Being Human has to cover that's when the whole picture becomes more clear. 30 Million USD is only the revenue, not Profit.

There are thousands of people who work for Being Human behind the scenes, production wise. They are getting paid. Being Human is not only being distributed in India but UAE and UK as well, and that's why it was able to generate 30 Million USD last year.

Being Human a Business that helps generate money for education and health. There are operating costs that come with a business, and in being human's case, there are 300 RETAIL stores. How are they being run? Free? There is a Payroll which Being Human covers every month. There are taxes which Being Human pays in india, UAE and UK and like 11 other countries. 30 million USD is probably gross and not net.

No one ever claimed Being Human is a 100% NPO. Being Human initiated a clothing line solely to be able to donate and contribute a little bit more than Salman himself was being able to all by himself. >> Now when you start a business, your 100% revenue isn't all profit. Wouldn't that be too easy?

As for personal charities, like you all say, every one does them and so does Salman Khan.

Edited by MrsSalmanKhan - 10 years ago

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disha

@disha15

Stunner

+ 5

Posted: 10 years ago

^So it wasn't even a charitable organization to start with? 🤔 Its a business which donates part-time?

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707763

Suspended

Posted: 10 years ago

Originally posted by: .FemmeFatale.
^So it wasn't even a charitable organization to start with? 🤔 Its a business which donates part-time?

Well see of course it's a charitable organization. All organization who donate are charitable organizations.

There are some organization which are Non Profit Organizations and they are funded by the help of govt grants and 100% donations. Then there are Organizations such as Being Human Foundation which was initially funded by himself and still is. Being Human doesn't run on donations or grants..

Also Being Human can never be just a non profit organization funded solely by donations. I mean how many people would donate to being human? or how many of us would buy being human clothes ? Only those that are die-hard salman fans right? That's it. Would Salman Khan EVER be able to generate 30 million USD dollars a year in donations by fans and industry? No.. 😆

There were a few interviews in the past in which Salman mentioned how Salman Khan Foundation is 100% funded by him and whatever he donates is from the money he earns. He started by selling his own art in Dubai to raise funds followed by being human watches.

The clothing line came in the picture afterwards mostly in 2012 onwards when Salman's stardom was steady.

Salman Khan donates like any other actor and to contribute to his donation, he has planted being human watches, merch and now clothing.

Edited by MrsSalmanKhan - 10 years ago

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Damini

@VarunKiBiwi

Sparkler

+ 3

Posted: 10 years ago

Red Chillies Entertainment also claims they donate.. 😛 Same thing.

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fairy_queen

@fairy_queen

Navigator

Posted: 10 years ago

Originally posted by: MrsSalmanKhan

Well see of course it's a charitable organization. All organization who donate are charitable organizations.

There are some organization which are Non Profit Organizations and they are funded by the help of govt grants and 100% donations. Then there are Organizations such as Being Human Foundation which was initially funded by himself and still is. Being Human doesn't run on donations or grants..

Also Being Human can never be just a non profit organization funded solely by donations. I mean how many people would donate to being human? or how many of us would buy being human clothes ? Only those that are die-hard salman fans right? That's it. Would Salman Khan EVER be able to generate 30 million USD dollars a year in donations by fans and industry? No.. 😆

There were a few interviews in the past in which Salman mentioned how Salman Khan Foundation is 100% funded by him and whatever he donates is from the money he earns. He started by selling his own art in Dubai to raise funds followed by being human watches.

The clothing line came in the picture afterwards mostly in 2012 onwards when Salman's stardom was steady.

Salman Khan donates like any other actor and to contribute to his donation, he has planted being human watches, merch and now clothing.

So it is FOR-profit org paraded around as NON-profit org 😆

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707763

Suspended

Posted: 10 years ago

When was it paraded as Non Profit? Not by the company or Salman. Fans and Media called it non profit because they don't think before making conclusions. and that's exactly our problem. There is a being human fan page on facebook that calls it non profit. Lol.

Being Human has always been a non governmental organization/charitable trust. Did Salman ever say it's a NPO? I don't think so and if he did, he is fooling his biggest fan, Mrs. Salman Khan.

Edited by MrsSalmanKhan - 10 years ago

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Bazigar

@Bazigar

Voyager

Posted: 10 years ago

1, Regarding - Being Human generates 30 million USD in a year.

That is total sales or revenue

Net profit = total sales/revenue - cost - operating expenses - interest - tax

2, regarding - article says that the net profit for 9 months only (April to December 2014) was Rs 63 crore. There is obviously a huge difference between profit and donation.

It is having tie up with the madhana sales. That 63 crore annual profit on 1200 sales is figure for madhana industries not of being human. Out of that total sale 10% contributed by being human. Under their agreement Madhana will look after everything of business aspect etc. and pay a compulsory royalty of 5% of total sale. Like if being human sales is 120 crore than Madhana will pay being human 6 crore . Addition to royalty they may have also agreement for other aspect like profit share , so also co brand tie up by being human etc.

3. Its a non profit charitable organisation but mostly used for PR exercise for sallu. Just like last year while kick movie was running , the great philanthropist sallu declared that he will pay for heart patient. Just like everyone i also thought sallu paying from own pocket or may be from profit generated by kick movie as that movie contain some kids heart patient story. . Where as his website shows he did bill phadoing from being human income. Being human ke naam pe PR for both movie and salman hogaya free main. The more we will dig the more it turns out a PR organisation rather than any NGO . Even bill gates or Azim premji do not get this much publicity. 😆

Edited by Bazigar - 10 years ago

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707763

Suspended

Posted: 10 years ago

#10

I don't know why People see Being Human as an IMAGE CLEAN PR Strategy.

I don't see it . and I'm sure many don't see it in the same light either.

All I see it as a Salman Khan brand and I as a fan, I wear Being Human T-Shirts cause it makes me feel happy, and a proud salman fan. Simple as that. I used to wear this shirt "Being Dabanng" to college 😆😳

It's some very few, over creative people who take Being Human as an Image Clean strategy. I fail to see it. Bottom line is Donations. Being Human or Not, as an Actor he would donate either way.

Why Salman Khan is a huge rage today, why people are mad about him because he has been finally able to connect with his audience. People follow him as an idol. He has become a fashion icon for many. The way he speaks, his dialogues, his clothing all of it have made people go GAGAGA over him. And ofcourse, these little gestures he has done here and there helping people has played a huge role for making people fall in love with him. Now that's up to each one of you, whether you want to take it as "clean image" strategy or take it as someone wanting to help others from the bottom of his heart. I pick the latter, you are free the pick your choice after all it's #mychoice.

He is not a terrorist that he needs to clean his image. 😆 His fan based increased post 2009-2010. People know who Salman Khan is, what he has done in Life, how guillable he is. Yet the chose to become his fan. Now call the people of india blind, stupid, illiterate for falling in love with Salman Khan despite what happened in 2002. Please yourselves.

Edited by MrsSalmanKhan - 10 years ago