15% Tax & Giving Standards Statement of June 28, 2024:
It is imperative to acknowledge that giving back is a cornerstone of our company’s ethos. To formalize this commitment, we have instituted a money allocation system akin to a tax, ensuring that a significant portion of our revenue is directed towards serving others. This tax ranges from a minimum of 15% to a maximum of 50% on revenue generated from rental properties.
The decision to implement a 50% tax on rental revenue was made with careful consideration, reflecting the escalating real estate prices that accompany property acquisitions. Funds collected through this tax will be held in a dedicated account, expressly earmarked for charitable purposes. Whether it involves purchasing real estate for individuals, providing debt relief, offering grants, or addressing immediate needs like providing essentials or holding rent payments for struggling communities, our aim is to make a meaningful impact in people’s lives.
This 15% tax serves as a commitment to giving back as we continue to grow as a company. It is important to note that these funds will not support projects that contradict biblical teachings. Moreover, God does not see color so we do not see color. If there is a person, community, or anything of that nature in need then we provide to the best of our ability and in God’s will.
Statement Issued By:
Elijah Patillo (Elijah Alesander Lusinsaano)
Owner
Authorized Signer:
Elijah Patillo (Elijah Alesander Lusinsaano)
Owner