The Lasting Legacy Foundation
The greatest wealth transfer of the 19th and 20th centuries is taking place as baby boomers age out and are presented with the tough choices of what to do with their hard-earned estates. The people with big hearts and no family usually donate their property to charities but those charities usually just sell off those beloved assets to fund their programs; usually with bloated administrations.
Elders with families are faced with an even tougher choice of how to divvy up their estates between the various members and how to ensure that those properties which are meant to remain in the family forever won’t be squandered away and won’t cause a huge rift in the family as they contend over what to do.
A Better Way
We’ve re-imagined a better way to leave a truly lasting legacy, that doesn't merely protect these assets but amplifies their worth and impact, contributing to vibrant communities, supporting socio-economic progress, and championing environmental stewardship.
The Lasting Legacy Foundation is a 501c3 nonprofit with the aim to be at the forefront of innovative and sustainable estate planning. Our magic is in how work with regenerative co-living community organizations that meet our rigorous standards to transform properties into thriving and resilient community homes, and leverage assets to maximize their value.
The Best of Both Worlds
Since our properties return a profit due to their co-living nature, we are able to provide beneficiaries regular payouts, so you’re able to still leave something for loved ones and for charities.
We believe that this is the best way to ensure the wellbeing of friends and family members while also protecting properties from falling into disarray. Not to mention the burden that some families feel to handle estates properly.
Cause Based Giving
Instead of giving a large sum to a charity, which can cause unsustainable behavior in organizations, you can assign percentages to certain causes, like the environment, education or mental health, and we will do the hard work of finding the organizations who are doing the most good in those areas and offering them ongoing performance-based grants.
We believe that this kind of ongoing grant making will produce a much larger impact in the long-run then one-time donations to single organizations.
Our Guiding Values
Our mission is anchored in robust principles that guide our every decision:
Maximum Impact: We pledge to tap into the transformative potential of each asset, catalyzing significant socio-economic and environmental benefits.
Innovation: We harness the dynamism of social innovation to steer change and establish new paradigms.
Transparency: Trust is our beacon, and we strive for it with open communication and absolute clarity in our operations.
Lean Operations: We focus our resources towards mission-driven initiatives, ensuring that every dollar makes a difference.
Effective Stewardship: We safeguard assets with a promise of thoughtful and responsible stewardship.
7-Generations Thinking: Our decisions today echo in the future. With a long-term perspective, we strive to make choices that benefit future generations.
Minimizing Taxes
Our goal is to help you minimize the amount of taxes collected from you and your estate since we believe that money is far better spent by the organizations who are doing the most good in our communities.
A Retained Life Estate allows you to donate your property to us but continue to live there for the rest of your life while deducting the fair-market value of it from your tax liability. This is just one of the many ways we provide.
We strive to work with the best legal service providers who help us create the playbooks for being able to provide a multitude of options while keeping our administrative fees low.
Our Mission
Our mission is facilitating the transition to a regenerative, resilient and inclusive future through cooperative practices, social innovations and mindful stewarding of resources.
Our vision is of a more beautiful world where people are empowered to live their best lives possible, without relying on the government for help. We believe that each of us hold a key to this puzzle of a brighter future and we are excited to be co-creating this future with the amazing people and organizations who hold this vision.
Your Invite
We invite you to join us on this journey. Whether you are a community member, a donor, a partner, or simply someone who shares our vision, your contribution is valuable. Together, we can create a world where everyone has the opportunity to thrive, and where our planet is cherished and protected for generations to come.
Please fill out our Interest Form to schedule a time to connect.