FOLI, Inc. can provide that leadership. FOLI projects are based on the premise that it is better to be the beneficiary of a life insurance policy than to be the insured. The FOLI concept was developed in 1994 and now has a proven track record. The policies are owned by and payable to a charitable foundation. Those recurring funds should be available at a reasonable cost.
Time is required for the anticipated results to occur.
The plan will provide income flows to the charity for a period of fifty or more years. While a FOLI Project is not for everyone, a strong mission statement is needed, as well as a Board and Executive Staff composed of visionaries. It requires a low load vehicle. Scientific selection must be employed. Each selected participant is fully underwritten by the life insurance company according to their usual underwriting standards.