The InformationWeek -- Blogs
Digital Life

Topics:   Digital Life

  • Email this page E-mail this page
  • Print this page Print this page
  • Bookmark and Share
  • icon

Pssst, Wanna 57 Percent Return? OLPC


Posted by David DeJean, Nov 17, 2007 10:49 AM

If you're interested in a sure thing in a computer technology investment I've got a hot tip for you -- a guaranteed 57% return. Not only that, you get a cool laptop and a tax break just like you were buddies with George Bush (if that idea appeals to you). Your cost? $423.95 and a postage stamp. Here's how it works. (I'll explain the stamp later.)

First you go to www.laptopgiving.org and follow the prompts to pay $399 for two of OLPC's XO laptops, plus $24.95 shipping: a total of $423.95. You're paying for two XO laptops, you get one, and you're donating the other one to a child overseas -- which currently means Afghanistan, Cambodia, Haiti, or Rwanda.

Of the $399, you get credit for a $200 charitable contribution. Next April you can deduct that from your taxable income. If your tax rate is, say, 20%, that's a savings of $40, which brings the actual price of the XO laptop you receive down to $183.95. You even get a nice e-mail from Nicholas Negroponte, founder of OLPC, thanking you for your contribution.

Now, here's the really good part. If your company has a matching gift program you fill out one of its forms and mail it to OLPC (that's where the 41 cents for the stamp comes in) and the organization gets another $200, for a dazzling 100% return.

(And if your company doesn't have a matching gift program, ask why. Loudly and often. It's a great way for you to get that cheapskate outfit you work for to pry open its wallet and spend a little for something you think is important, instead of CEO bonuses.)

That's all there is to it. You get a fantastically interesting piece of technology for a mere $159.95 plus shipping, and the $40 you save on your taxes plus the $200 your company contributed to One Laptop Per Child is a 57% return on your original investment. QED. But you do need to strike while the iron (or at least your credit card) is hot: the "Give One Get One" program is set to expire Monday, Nov. 26.

« Do You Monitor Your Employees? | Main | Google's Wireless Bid Plan Means It's Phone Serious »



Sign up now for the weekly InformationWeek Blog Newsletter.


This is a public forum. United Business Media and its affiliates are not responsible for and do not control what is posted herein. United Business Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers.

Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of United Business Media LLC and may be edited and republished in print or electronic format as outlined in United Business Media's Terms of Service.

Important Note: This comment area is NOT intended for commercial messages or solicitations of business.