Grinding It Out - Chapter 16 Summary & Analysis

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Chapter 16 Summary and Analysis

Ray had a few health problems and knew that if it wasn't for the advancement of science, he would never have gone so far with the company. He was given an extra shot at life and he was thankful for that. So thankful that he created the Kroc foundation. He was skeptical at first because he didn't want people thinking that he set up the foundation just to get a tax deduction. He didn't believe in such things. Another thing that people didn't know about him was that he never had an expense account with McDonald's. He didn't even take a salary. All his income came from Prince Castle Sales and the Multimixer. He did however have a company credit card, but even that he paid off with his own money.

He made his brother president of the Kroc foundation because...

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This section contains 554 words
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Buy the Grinding It Out Study Guide
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