.
![]()
36 // Medical-Marijuana-Foundation.com // Our Endowment Fund // 27 July 2010
.
.![]()
![]()
|
|
Marijuana is also known as: Cannabis -- Pot -- Grass -- Weed -- THC -- Hash -- Hash oil -- Psychedelic -- Hemp -- Mary Jane
Marijuana as a Sacred Journey Marijuana and Sensual Pleasure Marijuana Sanity Medical Marijuana Hemp - the ignored gold mine |
![]()
![]()
|
Medical
Marijuana |
TLC-Life-Center
® |
![]()
|
TLC-Life-Center Has Over Sixty Websites. TLC-Life-Center's Introductory Page |
![]()
|
![]()
![]()
.
When you examine most charitable organizations, you'll find that they spend 100% of all the donations received. In the short-term, this may serve them, but in the long run it's not a wise way to function. There is another way! Our Role Model: The Endowment Fund of The Medical-Marijuana, Access-Assistance Foundation is base on the models used by the major universities. When a major university receives a donation from an alumni, it does not spend that money. Instead it adds the money to its endowment fund where it is invested with intention of making a profit. The profit is then used to pay the expense of the university. The endowment fund is never spent. It is never encumbered in any way. In a similar fashion, The Medical-Marijuana, Access-Assistance Foundation is establishing an endowment fund. Money in the endowment fund will never be spent. It will never be encumbered in any way. The money in the endowment fund will be invested with intention of making a profit. How the profits Will Be Used: Ten percent of the profit will be added to the endowment fund. The Remaining ninety percent will be directed first at paying the expenses for running the foundation. When the returns exceed to cost of managing the foundation, the additional money will be directed to the foundation's beneficiaries. Funding the Endowment: Ten percent of all donations received by the foundation will be added to the endowment fund. The Remaining ninety percent will be directed at paying the expenses for running the foundation and to providing services to the foundation's beneficiaries. Hopefully, The Endowment Fund will soon be covering the foundation operating expense and the entire ninety percent will be directed to providing services. Bylaws: All the above details are part of the foundations by laws. The bylaws are designed for maximum safety, maximum security and to ensure the right use of the foundation's moneys.
Learn More about Endowments:
To learn more about endowments and how to use them, readers are
directed to
. |
![]()
|
|
. Medical Marijuana Foundation.com TLC-Life-Center Family of Websites Copyright © 201 Robert E. Coté -- The Life Center All Rights Reserved See: Terms of Use --- Privacy Statement |
TLC-Life-Center
® |
![]()
|
![]()
|
|
We are Walking our Talk |
|
At TLC-Life-Center We are
demonstrating our proposals by creating two
|
|
The for-profit business (Mari-Med Corporation) will be based on The New Corporate World Foundation's Win-Win Business Structure -- a structure in which corporate employees, corporate customers, and the environment hold equal priority with making a profit. Corporate focus is the production and application of Hemp.
Hemp is
an ignored gold mine
because when it is allowed to
freely flourish, it will become a multi-billion dollar
industry. For example, hemp it will replace
trees as a source of fiber for paper, it's medical benefits
are profound, and as plastic for auto bodies, its strength
and damage resistance will save billions of dollars in auto
repairs.
We
are creating a medical-marijuana,
access-assistance foundation, The
Mari-Med Foundation will provide funding and access to
medical marijuana for those in need who cannot, by themselves,
afford to pay for the products and services. The Foundation
will own
controlling interest in the Mari-Med Corporation so
that the majority of the corporate profits will go to the Foundation. Do You need a Job? You are invited to examine our websites and determine if you'd like to join the development teams for either our non-profit foundation or our profit-oriented corporation. If you find the prospect of joining our team intriguing, please go to our website; http://www.Medical-Marijuana-Foundation.com/mmt-how-to-join-the-team.html#gr and then contact us.
|
![]()
|
![]()
![]()
|
![]()
|
Alcohol Prohibition never worked. Marijuana Prohibition is not working now! |
![]()