I have worked with several non-profits. They are so restricted in their abilities because of the generic organization of a charity organization and because of their restricted funding. The Global Citizen's Investment Fund (GCI Fund) is going to be a long/short equity investment fund that seeks out and finds profitable opportunities for investment. With a conservative long term estimate of 14% returns per year, The GCI Fund will be able to put $3 toward causes every 10 years for each $2 invested. Without touching the priciple amount, the GCI Fund with operate on returns alone. Imagine a headge fund, where the hedge fund manager does't take his 20/30% of all returns. Thanks to non-profit tax cuts, and the expert board of directors that my associates and I are accumulating, the GCI fund will be able to excel financially.
We will be fiiling for our 502(3)c at the end of april and finalize our board of directors in mid-may. We are hoping to acquire some of the leading personell in the hedge fund, real estate, and Angel investing sectors.
This is a revolutionary idea that will provide a long standing benefit for charitable causes for years to come. Think about the Getty Foundation or the Harvard Trust, they are both non-profits and they both rarely touch the principle investment. They merely re-invest the interest in their stated causes. GCI will do the same.
We will be launching our website in a few weeks, and we look forward to all your comments, suggestions, and donations.
The GCI Team