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.”