What is intervivos giving? It is giving that is accomplished during your lifetime, as opposed to giving at death through your last will and testament or through operation of law to your next of kin.
Many persons are unaware of the tax and other benefits of intervivos giving to IDHHB. The Institute for the Development of the Harmonious Human Being, Inc. is a qualified, tax-exempt nonprofit organization. Most taxpayers may be eligible for substantial tax benefits for any unencumbered gifts to a qualified tax-exempt organization, i.e., qualifying taxpayers may deduct the total amount of their IDHHB contribution from their adjusted gross income on their 1040.
There are other major benefits of intervivos giving in my opinion. Let’s say it makes good karma sense. (In unison: "It makes good karma sense.") Contributors to a relatively small but potent organization such as IDHHB profoundly feel the impact of their generosity as the work effort becomes manifest.
Ways to give to IDHHB include:
Whenever you order — or whenever you think of it — contribute new names for the Institute mailing list.
To become a distributor selling serigraphs, call David at 916/272-0183; for book distribution, call Iven at 916/272-0180; for ceramics call Denise at 916/272-0180; and for Perfumerie items, Kelly at 916/272-5892.
Copublishing can have a high impact. Participants contribute anywhere from $1000 to $10000 and are repaid that sum with competitive interest as the books sell. Contact Iven Lourie at 916/272-0180 regarding trade paperback publishing and David Franco at 916/272-0183 regarding limited editions.
Many supporters of IDHHB have pledged 10% of their income, payable monthly, to the Institute. Uncle Claude has brought a new slant to this: he advocates a 10% commitment of which 5% is kept by the Donor to be spent outside his or her own regular budget, and the other 5% to the Institute. Donors to this program are memorialized in the "Rolls of the Faithful," IDHHB’s archival gifting component.
The Ten Thousand Dollar annual gift which should be fully tax deductible can be earmarked for Archives, Bardo Training, the Cloister or IDHHB, generally. Other possibilities exist: contact David Franco to discuss them. The "10K Gold Club" donors are memorialized in the archives, as well as acknowledged during their lifetimes.
Project grants are perhaps the most influential, since the Donor undertakes to fully fund a project. Projects on the drawing board include the A.B.3-D. (contact Uncle Claude at 916/272-0182), Labyrinth Readers Society (contact Patricia Elizabeth at 916/272-0181), the 8mm Recovery Project (contact Marvette at 916/272-0180), the Cloister Notebooks Project (contact Morgan at 916/272-0180), and Your Idea Here (contact David Franco at 916/272-0183). Projects in execution then reflect the names of the donors (unless declined by the donor), such as the "Perry Paving Project," and are accordingly so recorded in the School History.
Operating grant support entails a major commitment on the part of the Donor — no doubt with corresponding karmic value, I trust. This is a plan by which the donating individual essentialy straps him/herself to the daily rhythms of the Institute. This presupposes, of course, a corresponding spiritual commitment on the part of the Donor and the courage to experience the results.
Patrons to the Institute are vitally important to its work. Indeed, they become coparticipants in the work at far-reaching levels.
We would be happy to discuss any of your questions on intervivos giving. Write to us at P. O. Box 370, Nevada City, CA 95959, or call David Franco at 916/272-0183 or 800/869-0658.
