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FUNDING 1)HAND System - This is a direct member to member process. It allows members to help one another by matching member needs with member contributions. If a member has a need they simply register it in our system. Members who wish to fill needs respond. And when the need is filled kudos are awarded by the receiving member. This deletes the need from the system. There is no charge for entering a need into the system. But there is much reward in filling a need. 2)ROCKET System - This will track kudos from the HAND System and will convert donations into points automatically. It will also track commissions to members who make referrals. Approximately 20% of donated funds will be awarded to member microbusinesses that refer new LIFT members. See our OPPORTUNITY link. The ROCKET System will allow us to assist microbusinesses directly and spread the word about LIFT at the same time, eliminating marketing costs almost entirely and dramatically reducing administrative overhead to as low as 10% or less. 3)ARRIVAL System - Allowing for approximately 10% of administrative overhead or less, the remaining 70-80% of donated funds are to be distributed through the ARRIVAL System. Grants, loans, scholarships and supplements are awarded once they have passed through the ARRIVAL process. ARRIVAL - Assignments, Recommendations, Reviews, Investigations, Votes & Awards Loop. The way donated money is awarded will be very important to us and to our family of members. Click on the ARRIVAL link to see how this process will work. |
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