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The rlg “care program” The RLG CARE Program begins with you making a nominal cash donation to charity buyer Charity

The rlg “care program”

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Charity. The rlg “care program”. The RLG CARE Program begins with you making a nominal cash donation to charity. buyer. $2000. Two Thousand Dollars. Relief Lending Group. buyer. STEP 1:. Terms of the Loan:. Fixed interest rate for duration of loan. - PowerPoint PPT Presentation

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Page 1: The rlg “care program”

The rlg “care program”

The RLG CARE Program begins with you making a nominal cash donation to charity

buyer Charity

Page 2: The rlg “care program”

Relief Lending Group

Terms of the Loan:Terms of the Loan:

STEP 1:

buyer

8 year termFixed interest

rate for duration of loan

4 years worth of interest is paid in advance

Principle amount is paid in cash or upon return of

Credit Certificate

Buyer applies to RLG to finance the purchase of essential

medicines from authorized vendors.

Here is my cheque for the prepaid interest for $2000

Here is my cheque for the prepaid interest for $2000

$2000Two Thousand Dollars

Page 3: The rlg “care program”

STEP 2:

buyer Vendor

I would like to purchase essential medicine to

donate. What is the cost?

I would like to purchase essential medicine to

donate. What is the cost?

If you pay cash your price will be $1.11 per dose. If you use an RLG Credit Certificate, your price will

be $1.00 per dose.

If you pay cash your price will be $1.11 per dose. If you use an RLG Credit Certificate, your price will

be $1.00 per dose.

I would like to use my $10,000 RLG Credit

Certificate to purchase the essential medicine.

I would like to use my $10,000 RLG Credit

Certificate to purchase the essential medicine.

Paid:$10,000

Page 4: The rlg “care program”

STEP 3:

buyer Charity

I would like to donate the medicine I just purchased

to your charity.

I would like to donate the medicine I just purchased

to your charity.

Thank you for your donation.

We will issue your donation

receipt

We appreciate your donation.

You are entitled to a donation receipt for the fair market value of the medicine you

purchased. The government’s formulary pricing for this medicine is at least $1.11 per

dose. How much did you pay for it?

The medicine cost me

$10,000.

Although the formulary value is higher, we can only issue you a donation receipt for your actual

cost…$10,000. The rule is that the donation receipt must equal your cost.

Donation Receipt:

$10,000

Page 5: The rlg “care program”

Canada Revenue Agency

2008 Tax Return2008 Tax Return

buyer

Tax filing

T5003Donation Receipt:

$10,000

Tax Refund

Page 6: The rlg “care program”

Recommendation

Use your tax savings wisely.

Tax Refund

Build your financial future!

buyer