Permanent Endowment Foundation Explanation

The Permanent Endowment Foundation provides productive individuals access to donor advised accounts to facilitate their charitable giving to support values that are important to them, to their families, and to society.  The Permanent Endowment Foundation also provides productive and affluent individuals access to the Permanent Endowment Program, a unique intergenerational charitable funding program that perpetuates and multiplies donors’ funding for charitable projects.  The objective of the Permanent Endowment Foundation is to provide a guaranteed outcome structure for productive individuals’ charitable projects that will mitigate the endowment deficits of 501(c)(3) non-profit organizations that provide the caring infrastructure of America.  The Permanent Endowment Program was based upon the reality that all human beings are mortal, that human economic value was quantifiable, and that human economic value could be monetized to create perpetually multiplying funding for 501(c)(3) non-profit organizations.

The Permanent Endowment Program planning process allocates affluent individuals’ donor advised accounts’ assets to fund perpetually multiplying, inter-generational endowments for 501(c)(3) non-profit organizations that support value systems that are important to the donor, to the donor’s family, and to society.  The Permanent Endowment Foundation provides third-party administration of the inter-generational, perpetually multiplying funding structure of the Permanent Endowment Program.

The Permanent Endowment Program is based on the recognition that un-monetized human economic value is a wasted human resource.  Findings of the Permanent Endowment Research Project identified the significance of this waste of human economic value to society and developed the Permanent Endowment Program to monetize human economic value for the benefit of 501(c)(3) non-profit organizations.  Permanent Endowment Foundation Consultants assist productive individuals with the implementation of their charitable giving activities through their donor advised accounts.

Most individuals do not fully monetize their human economic value by purchasing the quantity of permanent life insurance that they are eligible to obtain.  If human economic value is not monetized, a valuable economic asset is wasted.  The reasons human economic value is often un-monetized include the fact that many individuals cannot afford the cost, they feel that they do not need that amount of life insurance benefits to meet their family legacy objectives, and/or they do not need that amount of life insurance benefits to meet their charitable endowment objectives.

A second component of the permanent endowment program that creates perpetually multiplying funding for participating non-profit organizations is the full return of premium long-term care insurance program.  Special design long term care insurance policies provide full return of premiums benefits that are paid to 501(c)(3) non-profit organizations that are designated as policy beneficiaries.  These refunds of premiums paid for long term care insurance policies create a source of funding for participating non-profit organizations to use to finance their infrastructure costs and their charitable project costs.

Premiums paid by “C” status corporate employers for long-term care insurance policies insuring employees, officers, and/or directors provides tax-free compensation and assisted living benefits to selected officers, directors, and other employees to insure their dignity in old age by preventing involuntary confinement in a nursing home.  The premium costs of the long-term care insurance policies are deductible to the “C” status employer and do not create taxable income to the insured employees.  Upon the death of the insured individuals, and irrespective of the amount of long-term care benefits received by the insured individuals during their lifetimes, 100% of the premiums paid by the employer to the plan are refunded to the named beneficiary of the policies, the non-profit organizations.