Philanthropists and Charities

Benefiting charity has always been an important part of The CFS Group business model. “CFS” is the acronym for “Charitable Funding Solutions”. Actually, the principals of CFS, Bruce N. Haydu, CFP and Frederick “Rick” C. Veit, Esq., CFP, were introduced through their common interest and involvement in helping philanthropists and non-profit organizations.

We have discovered that many wealthy individuals do not include Charitable Planned Giving within their estate plans primarily because they are not aware of “intelligent insurance capitalization” and therefore, are not able to utilize their full insurable interest capacity, some of which can be dedicated to charity. A goal of CFS is to provide proprietary capital market solutions for the specific purpose of increasing a wealthy consumer’s access to life insurance for charitable giving purposes.

CFS works with private wealth advisors or directly with ultra-high net worth philanthropists and their foundations to provide best-in-class asset backed insurance lending structures which make it more probable to maximize charitable giving while minimizing cost. Permanent life insurance can be placed in-force as a funding vehicle to promote immediate philanthropic cash grants and also to provide massive future endowments to charity. CFS will advise the philanthropist on how to legally optimize charitable giving while incurring little or no cost to the donor and no cost or liability to the charitable organization.

As a result, The CFS Group helps families and institutions create and transfer more wealth through the “intelligent capitalization” of an individual’s (or group of individuals) total “Insurable Interest” capacity.