Beacon Project

~1% Talents, but ~100% Innovations (in Patents)

is to Boost up the Elite Education from 1% of U.S. Population to 6% by 6x times Larger,

cultivating millions of Elites more to Reinvent U.S. from Rundown

while Reducing the Anxiety/Depression Rate Dramatically among Elites
BeaconProject.Charity, IRS 501c3 Public Endowment across Schools, Tax-Deductible for Donors!

BeaconProject.Charity Endowment Fund II

An IRS 501(c)(3) Public Charity Fundraising Channel for 18 such Funds as Scholarship.Fund:
BeaconProject.Charity is committed to supporting millions of promising students from all backgrounds. Our mission is to nurture the next generation of elite talents, helping to keep America a "City Upon A Hill," shining as a Beacon Of Hope for the world.

Whether you're from a middle, upper, or low-income family, if you strive for excellence in learning a subject, we are here to help you reach that grand goal. Middle and upper-class families can utilize donor-advised funds like Scholarship.Fund to set up scholarships of up to $34,000 for one child as the beneficiary. Since we are an IRS 501(c)(3) public endowment fund across schools, your contributions would be tax-deductible if funds were to be used for the elite education as IRS requires. However, there might be a cap for your tax-deductible amount in total scholarships, please consult with a U.S. tax expert for details.

Low-income families aren't left behind. Launch a GoFundMe campaign through the BeaconProject.Charity Public Charity fundraising channel for training-related scholarships or reach out to your community's affluent individuals or businesses to support your cause under our public endowment fundraising channel. Search for "Beacon Project Dot Charity" on GoFundMe to start.

Join us in this vital effort to redefine excellence in education across America. Your support, whether as a donor or aspiring student, ignites the path towards a brighter future for all. Donate to BeaconProject.Charity today, and let's light the way together.

US Gift Tax IRS Form 709 P1

Anyone can give anyone else a gift under a certain amount without paying U.S. gift tax. Please listen to the video for details.

US Gift Tax IRS Form 709 P2

Currently a couple can give a child $34,000 in 2023 without paying gift tax, and in life time $12.92 million USD now in total.

What is Donor-Advised Fund, such as Scholarship.Fund Managed by BeaconProject.Charity?

A donor-advised fund (DAF) is a philanthropic giving vehicle administered by a public charity, such as BeaconProject.Charity Education Endowment Fund II, Inc., created to manage charitable donations on behalf of organizations, families, or individuals. A DAF allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time.

Here's how it generally works:

Contribute to the Fund, such as Scholarship.Fund: A donor contributes to the fund and is generally eligible for an immediate tax deduction.
Investment Growth: The funds can be invested and accumulated over time for tax-free growth after deducting reasonable marketing and management costs.
Grant Recommendations: The donor can then recommend grants to qualified charitable organizations of their choice, including BeaconProject.Charity Education Endowment Fund II itself. They advise the fund, such as Scholarship.Fund, on how to distribute the money, hence the name "donor-advised."
Administration: The public charity like BeaconProject.Charity that administers the DAF handles all the record-keeping, due diligence, and disbursements to other charities as directed by the donor.
Ongoing Contributions and Advisement: Donors can continue to contribute to the fund like Scholarship.Fund, advise on its investment based on the total amount the very donor has contributed, and direct its charitable disbursements for the long term.

DAFs are popular because they allow donors to take a tax deduction in the year of the donation, even if the funds are distributed to charities in future years. They also offer donors a streamlined way to give to multiple nonprofits without managing separate records and transactions. It provides a flexible and simplified means of giving, with various potential benefits depending on the specific rules and policies of the administering charity.

⫸BeaconProject.Charity Public Endowment 18-Fund Family to Promote Social Justice for Millions of Top College Students from Low-Income Families

College Students >>>

Partnering with numerous elite regional and national learning programs, Scholarship.Fund offers top high school or college students access to elite summer camps/programs across the nation. Meet the program qualifications, and any Scholarship.Fund-related expenses can be tax-deductible, in line with IRS regulations.

Collaborating with an esteemed network of global elite tutors, Tutorship.Fund is dedicated to shaping the next generation of leaders through personalized tutoring across high school, Regents, AP, IB, and select college-level courses. Additionally, Tutorship.Fund's tutoring fees are tax-deductible as per IRS guidelines.

In association with thousands of businesses, Internship.Fund offers students hands-on internships tailored to their career trajectories. Moreover, for unpaid internships, associated costs through Internship.Fund are tax-deductible as per IRS guidelines.

⫸BeaconProject.Charity Public Endowment 18-Fund Family to Promote Social Justice for Millions of Top K-12 Students from Low-Income Families

High School Students >>>

From high school onwards, the focus sharply shifts to college preparedness. The junior year, in particular, is the most demanding for students. They must juggle advanced courses, such as IB or AP, alongside essential college readiness exams. Moreover, participation in elite summer enrichment programs, like the Harvard Medical School's MEDscience Lab, can significantly enhance a student's college application. Scholarship.Fund, managed by BeaconProject.Charity, is here to support you in achieving this prestigious goal. However, it's crucial to plan ahead. If you hope to attend an elite summer program right after your junior year, you should be aware that both fundraising and course preparation, especially for esteemed programs like the MEDscience Lab, can take years. So, begin early, and let Scholarship.Fund help turn your dream into reality.

Secondly, if you find yourself facing challenges in an IB or AP or any other course, essential for your dream career, Tutorship.Fund is here to assist. We offer a network of premier tutors available for one-on-one sessions during weekends or holidays, structured in a Q&A format to maximize your learning efficiency. This is geared towards supporting your ultimate goal of securing a spot at a top-tier college. Notably, all tutoring fees paid through Tutorship.Fund are tax-deductible. So, if your family's marginal tax bracket is at 1/3, the effective cost to you would be just 2/3 of the total fee. BeaconProject.Charity is committed to fostering academic excellence, aiming to bolster the United States' global competitiveness and nurture the talents that will rejuvenate the nation.

Thirdly, for high school students, internships can significantly bolster your college application. However, given that most high school students are seen as apprentices, it's challenging to secure internships at prestigious institutions that can meaningfully impact your future, as opposed to simpler jobs at places like McDonald's or Whole Foods Market. This is where Internship.Fund steps in, bridging the gap between your aspirations and reality, ensuring a structured pathway to your dream career. While gaining a paid position at a nonprofit can be difficult for a high school student, such internships can greatly enhance your college application. Therefore, Internship.Fund supports you throughout this journey, from high school to each subsequent summer leading to your dream career. Please note that only certain expenses incurred during your internship are tax-deductible, as per IRS guidelines.

Fourthly, for high school students aspiring to become inventors, undertaking a science research project for three consecutive years, starting in 10th grade, is essential. Yet, without the guidance of a seasoned mentor, navigating these research years and eventually achieving distinction as an inventor becomes a daunting task. That's where Mentorship.Fund steps in. We're dedicated to connecting high school students with top-tier mentors, primarily leading professors or industry scientists. However, securing the expertise of these renowned mentors often comes at a cost. Mentorship.Fund not only aids in pairing you with the most suitable mentor for your project but also assists in launching fundraising campaigns to cover the associated mentorship fees. With a commendable research project under your belt, your college application will undeniably stand out, significantly enhancing your chances at top-tier institutions.

Lastly, field trips serve as invaluable training tools for high school or college students. Whether it's an international exchange program, a leadership and team-building seminar, or a specialized trip to the Chicago Mercantile Exchange to delve into the intricacies of the securities markets, such experiences are invaluable, especially for students from low-income families. BeaconProject.Charity, through its Sponsorship.Fund, is poised to assist student groups, whether in high school or college. For students in need, there are a couple of avenues to raise funds. They can leverage BeaconProject.Charity's GoFundMe channel to solicit contributions online via social media. Alternatively, they can connect directly with local businesses, affluent individuals, or charity funds in their own communities. It's worth noting that any potential funding gaps may require students to contribute out-of-pocket. Also, any donations made towards such educational endeavors in Sponsorship.Fund are tax-deductible, covering expenses such as bus rentals, meals, lodging up to a specified limit, and other related fees, in line with IRS regulations.