The Financial Stewardship Ministry of Living Unity through Spiritual Ascension Inc. will consist of two primary investment vehicles. These two investment tools will be diversified into funds and charitable trusts. The initial investment vehicle which Living Unity through Spiritual Ascension Inc. will implement will be the Pooled Income Fund. A Pooled Income Fund is an irrevocable charitable trust that provides a variable rate of income to the donor, similar to a mutual fund but is an immediate income tax deduction . The fund “pools” donations from many donors, assigning shares based on the amounts donated. Minimum donation for an individual to be part of the fund is $500, and for a business or corporation $1000. The share price will be determined at the time of the donation.. Other investment opportunities that Living Unity Inc. will offer will be:

  • Charitable Gift Annuities) a gift annuity is an irrevocable contract between a donor and Living Unity through Spiritual Ascension Inc. that provides income for the life of the donor other designated beneficiary. Gift annuity assets are maintained in a segregated gift annuity reserve fund from which gift annuity payments are made. Payments are made quarterly or semiannually Rates offered are based on the donor's age at the time of the gift. The older the donor the higher the rate of return and g ift annuities generate an immediate charitable income-tax deduction for a portion of the gift.
  • Charitable Lead Trusts) permits the investor to make a future transfer of assets to their heirs, while providing an income to Living Unity Inc. During a specific period of years a fixed or variable income is paid to Living Unity Inc. A charitable gift tax-deduction is available for the current value of the annual income payments to Living Unity Inc. during the trust term. Usually a lead trust is most effective for high-net worth individuals.
  • Charitable Remainder Annuity Trusts (CRAT) and Charitable Remainder Unitrusts (CRUT) are two types of charitable remainder trusts that pay income based on a percentage of the initial value of the trust or on the percentage of the net fair market value of the trust assets each year.

So an annuity trust provides the certainty of a fixed amount of income each year regardless of any fluctuations in the value of the trust assets. All capital obtained or generated from any of these investment vehicles will go solely to the operation and vision of Living Unity through Spiritual Ascension Inc. No charitable vehicle will be designed to compete with investments made solely for private gain. The vision of Living Unity Inc. and the desire to benefit the gift trust should be a significant part of anyone's decision to contribute.