|
Our Services
CharitableCapital
Reinsured "CGA"s
Alliance Membership
PowerTool Calculator
Advisory Board
Response Form
Give Back Nation
|
The content of this
website is strictly for the use of legal, banking, accounting,
financial and planned giving advisors.
It is not for use by the general public.
The CharitableCapitalTM
Design Center, LLC makes no attempt to ascertain that the information contained
in this website is complete, accurate or updated on a regular basis.
The CharitableCapitalTM
Design Center, LLC does not provide legal or tax advice and nothing herein
should not be construed as legal, tax or investment advice. The intellectual
property, copyrighted and service marked materials contained herein cannot be
used without written consent.
|
|
|
|
The
CharitableCapitalTM
Planned Giving Program
|
|
The Evolution of
CharitableCapitalTM Planning
Motivating Donors to Understand, Plan and Give
In order to
respect wealth and maximize its use in helping donors achieve their true
financial and charitable objectives, it is important to understand that wealth
breaks down into three forms of
financial
capital
within the
financial life
support systemsTM of donors
surrounded by the following
financial engineering areas:
|
|
 |
|
The three forms
of
financial capital
are:
Personal Capital:
Capital
in which donors have control, use and ownership. This
capital can be sold, consumed
passed on to heirs or used to
satisfy their
giving
desires.
Taxable Capital: The ownership, use and control
of this
capital
must be given up and passed on to the U.S. Treasury for
the general welfare of America and the world through
ordinary income,
capital gain taxation and,
again at death . . .
estate taxation.
CharitableCapitalTM: This
capital
is
created
through the conversion of
taxable capital
using the
heart of tax law
dating back to 1969. Congress passed into law
IRC Section 664
in order to help motivate American citizens to
give
more, while
sidestepping the inefficiencies of our governmental revenue and disbursement systems. Although
ownership is given
up, this
capital
can be re-directed to
society
through custom designed planned giving; allowing donors to
pin-point exactly
where they wish funds to be contributed in satisfying their heart felt
giving
objectives.
Most American
citizens have not been made aware of what congress created over 30 years ago.
Charitable organizations and financial advisors have not been very effective in
educating their donors and clients in how to convert
Taxable Capital
into
CharitableCapitalTM.
As shown in the
diagram below, the desire to have ownership can generate maximum taxation
.
. .
taxable capital.
However,
the redirection of that desire can allow for
increased
income,
decreased taxation,
increased inheritance and
increased giving —
CharitableCapitalTM
|
|
 |
|
Why not assist
donors by using the
CharitableCapitalTM
planning tools which Congress
has made available for over 30 years? Planning tools such as:
Remainder Trusts •
Lead Trusts • Gift Annuities • Private Family Foundations
Supporting Organizations
•
Community Foundations •
Donor Advised Funds • Pooled Income Funds
Each of these
tools can be used to generate substantial income tax deductions, cut away
capital gains taxation, and eliminate estate taxation while achieving the
charitable “heart felt” desires of donors.
As reflected in the following diagram, Americans
are all philanthropists in one form or another. Either by default,
government-directed, or by their self-directing large portions of
taxable capital
into
CharitableCapitalTM.
 |
|
So, what type of
philanthropists do donors and their families desire to be? Why not understand
and respect the
opportunities
and pitfalls which surround the
financial life support systemsTM
of donors, use tax law effectively and take an intelligently planned course of
action in accomplishing their needs, concerns and objectives. Such an approach
can allow donors, their families and future generations to experience the
incredible joy of
CharitableCapitalTM
planning while
enhancing
FamilyCapitalTM.
Next Page >
|
|
|
