Stewardship

 

The more you give, the more you receive.


OVERVIEW

  • You as Founder can contribute up to 30% of the family income thereby lowering your tax liability
  • Your Foundation receives donations of income, investments, assets, collectibles, real estate
  • Your Foundation is exempt from federal income tax, capital gains tax, estate and gift taxes
  • Some Foundations are exempt from sales taxes on purchases and property taxes in most counties
  • Your Foundations gifts 5% annual distribution to charity(ies) of its choice
  • Available to anyone… no minimum funding level
  • Operated and managed with complete legal control by individual of family
  • Can hold investment accounts and the profits grow and assets accumulate tax free
  • An exit strategy
  • A “tax system for the informed” in place of “The tax system for the uninformed”
  • Eligible for grants
  • A grant-obtaining provider on staff (What’s you dream for doing good? But you “never had the time and the money………”)
  • Travel and training workshops with hands-on giving in worldwide locations
  • A tax exempt charity in total compliance with IRS Section 501©(3) Exempt Organizations

    • "To freely give is a virtue...to be compelled to give is a vice"


    Other Financial and Personal Benefits

  • Absolve concerns regarding estate planning and probate
  • Establish a secure and prosperous retirement plan including the essentials of compensation and fringe benefits
  • Create your perfect calendar
  • Receive, because of your stewardship of the foundation, the necessities of transportation, travel accommodations for grant-making, health care, insurance benefits
  • `Is a separate legal entity with an EIN number
  • It pays a 1% excise tax on net profit (this is part of the 5%)
  • Operate it successfully without paid staff (if desired)
  • Create fiscal responsibility by directing former tax dollars to charities of choice
  • Combine flexibility, control and tax advantages while you self-direct social capital
  • Fewer than 60,000 in the United States, 93% with assets less than $1,000,000
  • Establish a family-name legacy bringing you closer to children and grandchildren
  • Support positive values and choices and build greater meaning to life
  • Empower family members and receipts
  • Provide a training ground for younger generations to shares values and vision
  • Create a powerful way to help your community
  • Express your own beliefs and your passion for what is important to you
  • Establish an exciting and rewarding lifestyle utilizing your talents, skills and abilities
  • Understand stewardship in place of ownership
  • Receive maximum fulfillment from being a grant-maker
  • Give freely and anonymously, thereby “doing well” by “doing good”

    • “Live in the world but be not of it.”