The World of Private Foundations: Carl Dimailig

The charitable arm of your for-profit business can easily participate in corporate social responsibility. Carl explains the world of private foundations and explains how you can use private foundations to raise corporate social responsibility.     Conversation Highlights:  {00:45} Background on Guardian Angel Advisors?  {07:57} You can pass down assets for your family to manage {11:00} You can set up a Family Foundation {16:10} Non-articles of nonprofit incorporation, or a minority decision-maker.  {21:15} Lists of foundations.  {25:12} Why the government incentivized public service work.  {29:37} The option to not get a degree. {33:10} What is dynamic paying?    Remarkable quotes:    I started a business with student loans Legally reduce your income tax when they do a charitable donation, also eliminate capital gains tax on investments.  If the foundation is still around and carried on by your kids, you're still giving money every year to causes that your family cares about, and that would be like phase three. I want to be a steward, so the next generation that's on this planet gets to enjoy museums' art.  Let's say it makes 3 billion in profits. It can donate up to 30%. Get a charitable donation deduction, and then from there in their foundation they can start supporting causes and doing something called corporate social responsibility. There are very few degrees that you will need actual schooling for.   Every year there's about $400 million in unused scholarships   Resources:  www.instagram.com/angeladvisersig www.twitter.com/angeladvisers www.facebook.com/GuardianAngelAdvisers www.linkedin.com/in/agentcarld      Bio: Carl Dimailig Carl Dimailig is a  Marine Corps Veteran, entrepreneur, retired chiropractor, and philanthropist who shares the world of private foundations as the charitable arm to your for-profit business, allowing you to easily participate in corporate social responsibility.   Guardian Angel Advisors Our mission is to help entrepreneurs obtain the capital and credit they need to fuel their dreams.  Whether you are just starting your business or looking for millions in capital to expand, we have solutions that can help you fund your endeavors. Our business credit solutions help you build credit for your business EIN that’s not linked to your personal social security number. This credit can be obtained quickly regardless of personal credit quality, collateral, or cash flow. And you can get approved with no personal guarantee. We can also help you with all aspects of obtaining business loans, even when banks say “no”.  You can get approved and fund within 72 hours or less, and for low-rate, long-term loans, and credit lines.  You can access cash flow financing, asset-based financing, even unsecured financing you can secure even as a startup company. Our expert business advising and finance team helps you through all aspects of obtaining corporate credit and acquiring business loans. Plus, you also have access to our cutting-edge finance suite technology to help expedite your results. If you’re interested in obtaining capital for your company at the best terms, we have solutions for you. Contact us today for your no-cost business credit and loan consultation.   Nonprofit Architect Podcast Links     Website: http://nonprofitarchitect.org   Community: https://www.facebook.com/groups/NonprofitArchitect    Ultimate Podcast Guide https://www.fatfreecartpro.com/ecom/gb.php?&i=1698463&cl=377219&c=cart&ejc=2&custom=card Subscribe and leave a review https://podcasts.apple.com/us/podcast/nonprofit-architect-podcast/id1481292481 Patreon https://www.patreon.com/NonprofitArchitect Watch on YOUTUBE https://www.youtube.com/channel/UCQm8fnR2sHyrmLpV2jKYajA Listen to these other great podcasts from Veterans. https://nonprofitarchitect.org/veteran-podcast-network/ Want help getting your podcast started? https://nonprofitarchitect.org/podcast-production-services/