| 摘要 |
A method for benefiting charitable organizations integrating annuities, mortality contingent bond or other mortality-hedging derivative. A plurality of donors is grouped into a block, each donor in the block selecting at least one benefiting charity. At least one lending entity issues a mortality contingent bond loan or a derivative loan to a qualified tax-exempt charitable organization that then uses funds from the mortality contingent bond loan or the derivative loan to purchase annuities from at least one commercial life insurance company. The donors are named as the annuitants of the annuities. The qualified tax-exempt charitable organization will then use funds from the annuity payments to amortize the mortality contingent bond loan or the derivative loan and will also donate a portion of the annuity payments to the benefiting charities selected by the block of donors. The qualified tax-exempt charitable organization may also donate a portion of funds from the mortality contingent bond loan or the derivative loan to the benefiting charities shortly after funding of the mortality contingent bond loan or the derivative loan. |
