Permanent Endowment Program Description

The Permanent Endowment Program was developed from findings of the Permanent Endowment Research Project, a research project that was initiated in 1981 as a component of the Economics of Life Research Projects.  The objective of the research was to develop a guaranteed outcome process that would accomplish two objectives:  1. To create perpetually multiplying inter-generational endowment funding for families and/or for 501(c)(3) non-profit organizations, and 2.  To enable productive individuals who had accumulated savings that exceeded their lifestyle needs through life expectancy to achieve the goal of personal significance through their participation in the Permanent Endowment Program.

The Permanent Endowment Program that was created is based upon three realities:  1. that all human beings are mortal, 2. that human economic value is quantifiable, and 3. that human economic value could be monetized by life insurance companies.

Consultants were trained to communicate the concept of perpetually multiplying endowment funding to 501(c)(3) non-profit organizations, and the concept of personal significance to productive and affluent individuals.  Economic education programs were developed for 501(c)(3) non-profit organizations and for affluent individuals.  An endowment creation planning program was developed to quantify affluent individuals’ surplus savings, and to leverage gifts of surplus savings through the monetization of unused human economic value.  In addition, an administrative program was designed to acquire the mortality gain and manage the inter-generational component of the perpetually multiplying endowment funding for the benefit of the families or 501 (c) 3 non-profit organizations.