A Win, Win, Win For Charitable Gifting
“Your most precious, valued possessions and your greatest powers are invisible and intangible. No one can take them. You, and you alone, can give them. You will receive abundance for your giving.”-W. Clement Stone (1902-2002) Author and Businessman
GIVE AND YOU SHALL RECEIVE!
With the economy barely struggling to survive, high unemployment figures, a choppy and uncertain market for the foreseeable future, many folks who may have previously been philanthropic, are hesitant about donating to their favorite charities. This can be seen across the board, from the weekly tithe to churches and synagogues, as well as to the larger gifts to other worthwhile non-profits, such as cancer societies, Alzheimer’s foundations, etc., etc., etc., conservation and preservation groups, hospitals, universities and homeless shelters. The list goes on and on. All of these non-profit (501c3) organizations depend solely on the kindness and generosity of their supporters to survive and continue all the good work that they do.
Unfortunately, most of these non-profits receive their donations as “planned gifts,” which occur at some time in the future- through pledges, gifts from an estate after the supporter has passed on, or through various trusts. Very little is an “immediate gift,” which the charity so desperately needs to sustain itself. Although very much needed and appreciated, a future gift does not keep the lights on, pay the staff, and allow the organization to implement an effective and successful fundraising campaign. There is very little money leftover to help that family of a child with cancer, or fund that homeless shelter.
A recent New York Times article stated that donations year-to-date are down 26%, and yet requests from charities for immediate help are definitely up!
So how can YOU make a difference? “It’s not how much we give, but how much love we put into giving.” – Mother Theresa (1910-1997) NOBEL PEACE PRIZE-winning Missionary
We want to do our part to spread good will and give back with pure intent. There is a patent-pending system available through exclusively licensed agents that enables a supporter to make an immediate gift to their charity at no net cost to themselves, and get some charitable tax deductibility in the process. In addition, the program would further allow the supporter to replace the wealth back into their estate for their heirs in a tax-efficient manner. It’s a WIN, WIN, WIN!
The charity receives an Immediate Gift. The supporter gets a tax deduction and an income stream. The heirs still receive their anticipated inheritance, and hopefully, continue with the good example of “giving.”
What types of supporter might benefit the most from this program?
