Turnkey Family Foundation Program

How does a family foundation
at The World Foundation work?

Setting up a family foundation at The World Foundation is easy! After filling out a simple Donor  Application, cash or assets can be transferred into the donor's family foundation account at The World Foundation (foundations are established with a minimum deposit of $5,000). Each foundation can carry the namesake of the donor family or any other name the donor chooses.

The funds in the family foundation are then managed for growth and income. The donor may even recommend investments. At least 5% of the annual value of the foundation is distributed each year from income or growth to family-selected charities. Principal will be preserved. Any undistributed income or growth is added to principal, allowing the foundation to grow.

The Benefits of a Family Foundation
 

The satisfaction that comes from helping others is immeasurable.

• Provides great asset protection

• Eliminates estate and gift tax

• Can significantly increase annual tax-advantaged personal income, through the use of our CRT Advantage™ Income Trust

• Generates income tax deductions

• Eliminates capital gains tax on the sale of appreciated stock and properties

• Provides annual support to family-selected charities

• Establishes a "family charitable legacy"

• Can provide increased inheritance to heirs when life insurance is used in a trust to replace the amounts gifted.  We call this a Wealth Enhancement Trust™.