Fixing The Charitable Funding GAP
Last year only around 300 Billion dollars went to all of the charities combined throughout the USA this constituted less than 2% of the GDP this included all Churches and all secular charities including political groups such as republicans and democrats.
- This is not enough to accomplish even the simplest of the charitable goals that these charities have in mind.
- At this rate and pace the charities will never be able to accomplish or significantly contribute to the completion of their charitable goals
What can you do to Help? Participate in Fund It Forever
Our Promises to You Inside the Different Options
Option 1: No cost to you or Risk ==> FIFE Plan
You will never have less cash available to you because of having participated in the plan. After you complete the terms you will be free and clear of obligations within the plan.
The charity you designate will receive at least 90% of all of the long term gains from you having participated in the plan.
Option 2: Lowest Interest Rate ==> Charitable Loan
There is risk to you because you remain responsible for the repayment of the loan, at the AFR which is the lowest rate allowable by law,
The interest you pay goes to benefit the charity you designated at least 90% is guaranteed to go for the benefit of the designated charity.
Loan donated to charity in your name which gives write off of same amount. Interest due at the AFR to prevent negative tax implications. Currently varying between 2.5 and 3 percent. So at a 36 percent tax bracket it comes out to 7 to 8 percent of the return each year interest only all extra goes to principle.
The 10/20/30 Year are conventional donations and the FIF are for FIFE plans and the blue lines are the cash reserves of the Fife plans that are fueling those payouts.
How is this Legal?
Loans are not considered income by the IRS as long as they are at the AFR rate they are also not considered a Gift. As such they do not affect your taxable income level.
Furthermore, since the loan is not coming from a charity it does not exclude you as a beneficiary of the charity and prevents un necessary scrutiny involved in charitable investments being associated with your loan. The loan does not go to you but is gifted by you to Fund It Forever to create an endowment for any charity that you wish to name hereafter referred to as “named Charity”
There is no fraud or malfeasance as long as you enter into it with the intent to pay the loan.
Tax Implications and why it works:
Fund It Forever as a Public 501 C3 charity is a 50% charity which means you can get a full write of for donating up to ½ of your yearly income to it. Giving you back all the taxes you payed on your upper half of your income.
Want to Know
Why Every Charity Should Participate?
This is our Guarantee
The Charitable loans and FIFE plans are unique because just like the donor the charities will at no point have less money than they would have had if nobody participated in the Fund it Forever Plans. Remember we are just shifting From T to C from Tax to Charity and the funds that are captured are funds the donors never could have legally kept or touched on their own without it being considered tax evasion. Also the loans we are offering are not something any standard bank or institution is currently willing to do.