What's The Problem?

The economic downturn has had a serious impact on most non-profit organizations. Findings show 67% of non-profits have experienced increased demand for services in the past 12 months, yet 41% had decreased ability to meet that demand.

How are most charities currently supported?

• Many supporters write a check now (ongoing, typically small donations)
• Bequest (money commitment for a later date)
• Charitable Lead Trusts
• Charitable Gift Annuities

Facts

Immediate Legacy™ is a patent pending concept that will help charities overcome the shortfall in donations.

How is the Immediate Legacy™ concept different?

• The donation to charity is immediate and normally large (often high 5 or figures)
• The supporter does not have to pass away to generate the gift
• There is no net out-of-pocket cost to the supporter (sounds too good to be true, but its not)
• The supporter gets an immediate tax deduction for the gift
• There is no cost to the charity or supporter

Who is the ideal candidate for this concept?

• Any charity that wants to immediately increase the amount of charitable giving, without effecting current donations.
• Any supporter who wants to support their favorite charity, without permanently parting with assets.
• Any supporter who would benefit from an immediate tax deduction.

Case Study

The supporter, a 63 year old woman, had $500,000 in a CD, with the intent of leaving it to her grandchildren. She was earning 3% interest on her CD. We were able to reposition the asset and guarantee the 3% for life. The charity received $87,888 as a one-time donation. The supporter received a $15,820 tax deduction and we guaranteed the $500,000 inheritance to the heirs (tax free).

Note: Each case is different. The concept has proven to work 75% of the time, based on the supporters specific situations.