family
Helping Children Around the World Through the Herbalife Family Foundation
Helping children around the world through the Herbalife Family Foundation (HFF) is an excellent way to feed kids in need. Often these are orphaned children, ravaged by disease or have been abandoned and face a life of neglect and starvation without our help. The Herbalife Family Foundation partners with established charitable organizations to improve the lives of at risk children through healthy nutrition and disaster relief. If only you could personally see how helping children through the HFF, you would understand how much your help is needed to replace the pain and suffering with joy and healthy lives.
Helping children through proper nutrition
Helping children through proper nutrition is a global responsibility. No one, especially children, should go hungry. Well nourished children are more likely to be healthy; more productive; and better able to learn. Good nutrition helps families and communities throughout the world. Conversely malnutrition is devastating to children. According to the United Nations Children’s Fund nearly one-third of child deaths are related to malnutrition and one in four children suffer from malnutrition. While most western countries such as the United States and Canada have governmental programs to help feed the impoverished, children in much of the world do not have access to such life-saving programs. Fortunately, there are many excellent venues for Americans to reach out and help the children in need throughout the world. Read the rest of this entry »
Tags: Charitable, child, family, foundation, herbal, individual, privateRelated posts
Charitable Family Health Foundations – How to Start One With Little Money
When I was growing up in the hills of my birth country, television stations were very limited, and the only reliable option was public television. We could see Masterpiece Theater, Sesame Street, cartoons, The Adventures of Sherlock Homes, and occasionally an interesting documentary. I took all of these programs for granted, assuming that some magic money tree funded them. Only as an adult, understanding the way programs are made, did I realize the programs are often paid for by private and public foundations.
Basically, a foundation is an organization which identifies deficiencies in the community and tries to use its resources to rectify the problems. The Bill and Melinda Gates Foundation is well-known, and here in our state we often hear about the Mary Reynolds Babcock Foundation which has made health care possible for many people who would otherwise not receive it if the programs depended solely on public funding. The United Way, another extremely beneficial organization, would hardly be able to maintain its wonderful work without such foundations. As grand as these foundations are, however, they don’t meet every need in our community.
One difficulty foundations face is in their creation. Starting a foundation requires answers to questions such as how much money will be available, how to get that money, how the money will be allocated to needy projects, and how the foundation will deal with its own tax issues. Just considering these questions will scare away many potential founders, regardless of their financial affluence. Fortunately there are foundations with the purpose of helping create foundations; they help take care of the woes that face foundations in the early stages of upstart. Read the rest of this entry »
Tags: Charitable, family, foundation, individual, Little MoneyRelated posts
A Foundation Stronger Than the Brooklyn Bridge
How would you like to create a foundation that will be remembered year after year after year…for generations? You will literally be able to reach beyond the grave and continue to leave your mark on the world! Become the next Rockefeller. Even in his death, his family name has lived for generations. You too can create that kind of legacy!
Create a family foundation income trust
Let’s say you purchased a piece of land that was worth $500K. Over several years, it’s accumulated worth is now $1 million. Someone wants to buy it and you are willing to sell.
Now, if you sell it through your business, you stand to pay some serious capital gains*. But, before you decide to sell, create a trust and sell your asset(s) through your trust. Now, instead of making just $600K after taxes, you get the entire $1 million which sits in your trust. You have now created a family foundation.
Okay, now what?
Insure your trust! You have a million dollar trust fund that you want to last for generations. Purchase a $1 million life insurance policy. Now you pay for the policy through your business which is a tax-deduction*. In addition, you also have tax-free annual income*. Read the rest of this entry »
Tags: Brooklyn Bridge, family, foundation, individual