TFAC Global Fund Donations
100% deductible, 100% to the cause
The TFAC Global Fund allows anyone to make a 100% tax deductible donation to end global poverty. TFAC is a 501(c)(3) public tax-exempt organization, ID# 27-4034763.
All donations made to the TFAC Global Fund are invested forever. No expenses will ever be removed from it by TFAC. Any annual profits are solely used to create TFAC Trust Funds for poor children around the world. The expenses are covered by the $1 of each $11 monthly contribution to TFAC by each Elder supporting a TFAC Trust Fund. This creates a unique and attractive way for people to contribute to ending poverty on Earth and could result in forever increasing contributions to the TFAC Global Fund.
Acknowledgment of The Giving Pledge
Created by Warren Buffett and Bill and Melinda Gates, The Giving Pledge consists of more than 200 billionaires who have vowed to donate half of their wealth in their lifetime for the good of humanity. We hope the TFAC Global Fund will be an option for those who want to receive a 100% tax deduction for donating capital that will be forever invested to end poverty on Earth. This could also be an attractive option to many at all levels of income. TFAC Trust Funds and the TFAC Global Fund are providing a way to perpetually end poverty on Earth in the same way many individuals became wealthy: by owning stock in companies.
Closing the gap
The TFAC Global Fund is being created with the singular goal of closing the wealth gap between the poorest and wealthiest children in the world by ending poverty, from the bottom up. Given the growing body of research that supports family wealth as the greatest predictor at birth of the long-term health and welfare of a child, it is imperative that something be done to ensure the greatest positive outcomes for all children. They are the future. As the poet Robert Frost said, he could summarize all he had learned about life in three words: βIt goes on.β We all would like the end of poverty to also go on forever. That is the purpose of the TFAC Global Fund.