Gifting Program
- Gifting Club - Gifting Community
Frequently Asked
Gifting Questions
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What is private gifting?
Private gifting is a concept that is embraced by a private group of
individuals and has been in existence for many years. Our private activity
does not involve network marketing, multi-level marketing, or a business
or commercial activity. There are no business transactions, investments
and/or securities involved in this activity. There is no business or company
name or location and there are no directors, officers, shareholders or
principals. Individuals simply support each other in a team concept and
help change lives.
How did this concept begin?
The concept of private gifting is based upon the fact that both American
and Canadian citizens have the Constitutional right to gift property, cash
and other assets, and are subject to the rules and regulations established
by the laws. The U.S. gifting rules are found in the IRS Tax Code, Title
26, Sections 2501-2504 and 2511, and Canadian Tax Code, Sections 143.3
and 62.0.
The law states that one or more individuals can give a gift to another
individual of up to $11,000 each per calendar year without any tax liability
to either the giver or receiver of the gift, because the tax on the gift
has already been paid. These gifts are not included in the gross income
of the recipient.
How does the gifting activity work?
Giving private gifts to one another is an expression of kindness, which
has been going on for centuries. Governments have allowed its practice
for individuals to share their wealth with families, friends and others.
It has been a means of helping and blessing others on special occasions
or when the need arises. Many cultures gift as a matter of course. Asian,
Jewish and South American communities gift individuals within their race
and/or culture on a regular basis so that they may start a business or
buy a home. They in turn gift someone else to help enhance their lives.
Habitat for Humanity is a great example of private gifting. Everyone participates
with their time, their talents and materials to build a home for someone
else. Some participate with a hammer, some with nails, some with food and
others with the monetary gifts to purchase the supplies, but all create
a team that works together to bless someone's life.
Who can participate?
Individuals share using a basic concept that "All things must be done
in order" and follow the Universal Law of Sowing and Reaping – “when you
give, you shall receive.” This follows God's Law of Reciprocity. "Give
and it shall be given unto you." This activity is offered only by means
of an exclusive one-to-one invitation. When someone accepts the invitation,
they move through a natural progression from the giving to the receiving
stage of the activity. In this activity, there is no fixed hierarchy of
individuals who have an advantageous position or unfair advantage over
new participants.
Is this a company?
As stated above, this is a private sharing group, and is offered only
through an exclusive invitation to individuals over 18 years of age. You
are invited to learn more about our activity and become part of something
extraordinary. There is no company - we are a team of individuals, and
we give to one another and other teammates. We are not a business or an
investment. No company can withhold or misplace our gift. We are totally
in charge of our own gifts and gift directly one to another and work for
the betterment of the team.
How can you give to a stranger?
How many times have you given to United Way, the Salvation Army and
other charities? You don't know who got the gift, what stranger. The only
difference here is that this person will start out as a stranger, but you
will get to know them as part of the team, work with them and perhaps develop
new friendships. We all have met some of the most wonderful people and
have made a lot of new friends across the country and the world. These
people are giving, they like team dynamics - they are people we want to
meet and befriend.
Is this a pyramid?
No, this is not a pyramid scheme. A pyramid is associated with a company
or a business. We are not a company, just a private sharing club. We have
no sales quotas, we do not sell positions and we do not have an ever-widening
base to the structure, which just keeps going and going. A pyramid never
allows anyone coming in on the bottom to ever reach the top. Everyone gives
the same gifts, works together in team dynamics and receives the same gift.
In a pyramid, only those at the top get the profit while those at the bottom
never reach the top. In a pyramid, people can and have lost their money.
A pyramid is also not to be confused with "Network Marketing". Although
Network Marketing is a legal and viable source of income, when was the
last time you, or anyone you know, was able to start at the bottom of the
company and reach the top position in the company? NEVER! We are neither
a networking company nor a pyramid scheme.
Why would I want to participate?
Gifting has changed countless lives for the better. People who were
about to lose their cars and homes have been saved from financial ruin,
college educations have been made possible, and nearly forgotten dreams
have come true, all from participation in gifting. Gifting is the fastest
way to generate cash.
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Do I have to share this with family and friends?
No. Our system here at Fast Cash Central directs you to the resources
of like-minded individuals that want to change their lives with this activity.
Can I do this part-time?
Yes. Many people work this activity around their existing schedule.
It’s a matter of setting priories and fitting this into the nooks and crannies
of your current lifestyle.
Do I have to be a salesperson to do this program?
No. There is no selling, no solicitation, no pressure and no coercion.
It is simply a matter of sharing what is in your heart, of sharing your
own reasons for becoming a participant, and your own experiences. We hold
live workshops to answer questions for your quests, therefore you don’t
have to do any explaining.
Is it legal?
Yes. Churches, civic groups and people from around the world have participated
in organized gifting for over 300 years. Laws state; that it is legal for
individuals to exchange gifts. In the United States we have the Preamble,
the Constitution and the Bill of Rights to protect a private citizen's
rights to earn, pay taxes and give away property and cash as long as it
is done according to the laws and codes of this country.
Can I join at any level to begin?
You can join at either level or a combination of them all.
Example: $3000 + $1000 + $600 + $300 + $100 for a total of $5000 or
$100 + $300 for a total of $400.
Is this structure considered a board or a matrix?
No. Fast Cash Central uses a one-up structure. This structure allows
its participants to get into the receiving position quickly. It out performs
ALL matrixes and boards and is a mathematically superior structure.
How do I get started in this activity?
Get back with the associate who invited you and they will personally
walk you through our simple registration procedure. You will need their
Web site address and the password to our website to register.
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Note:
The information above is offered for your information only.
We do not offer legal or financial advice and you're encouraged to do your
own research. We will not be held responsible for any losses incurred,
and is not meant to be construed as any type of investment advice or recommendation.
This page is only an invitation to learn more.
© Copyright 2002
Don't
miss out on this wonderful gifting club! ANYONE
can do this.
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