Step 2. Open Your Mind

Kia ora, pay attention to the med-ks1rKEYS and make notes when you find a KEY. By the end of this website, you should have found all the keys to open the door.

 

OPEN YOUR MIND – THINK DIFFERENT

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I say ‘Open Your Mind’ respectfully with pure intention with only love for you and your family to learn.

You are ‘awake to now open to change’. The hardest thing for you, and this happened to me too, will be shifting your mindset from being in the PUBLIC (commerce, business) environment, to being in the med-ks1rPRIVATE (community based service) environment, while your standing on the same spot.

Therefore I too, had to open my mind to this process and trust that God has led me down the right pathway.

What I am about to share with you is an option for setting up a service or organisation outside of the current PUBLIC system.

The first thing for me was understanding the language of a Foundation. I had to train myself first, before I could help anyone else.

So here are the words I was using and how they had to change, and what to;

Business to a med-ks1rFoundation

Trade to a med-ks1rService

Tax to med-ks1rTax-Exempt

Wages to med-ks1rVolunteer Pays

Accountant to med-ks1rBookkeeper

Director to med-ks1rPrincipal Participant

Manager to med-ks1rParticipant

Staff to med-ks1rVolunteers

Profit – med-ks1rNot for Profit

Income to med-ks1rContributions

Corporation to med-ks1rUNINCORPORATED

THE MINDSHIFT – FROM THE LEFT TO THE RIGHT

 

THE PURPOSE OF A FOUNDATION
The purpose of a foundation is to provide a service, a community based, humanitarian, not for profit service.   Your intentions and motivation must be to help people and be in service to people in order to set up a foundation.

HOW DOES THAT LOOK
It looks just like a business you see everyday, or walk into everyday.  The difference will be that that what you have to offer is a service to help people and products.

Here is my business, so that you can see that it is the same, however look for the keys on the website that point to it being a Foundation.
Go to med-ks1r No More Nitz Website 10 Years in operation, very successful not for profit service.

HOW DO WE FEED OUR FAMILY AND RECEIVE PAYMENT FOR OUR SERVICES
Instead of income, you  receive med-ks1rCONTRIBUTIONS for your service and time.
You give the customer a med-ks1rSTATEMENT, not a tax invoice. If the receipt machine prints our only tax invoice, then cross out the tax word on the receipt.
A Foundation med-ks1rDOES NOT CHARGE GST. This must come off the cost of the service or product, as well as the receipt.

Lower your prices for your services, as you are no longer charging GST, therefore you are helping the customer by putting food back on their table too. It’s about a service and helping others.

Advertise that you are a med-ks1rCOMMUNITY BASED, HUMANITARIAN, NOT FOR PROFIT SERVICE on posters in your business.

Contact Catarina Sorrenson to get your Certificate of Service 0061 2 9893 8441
Example of Certificate for Foundation

WHAT IS THE FOUNDATION STRUCTURE

If you and your partner set this up, then your new title is a med-ks1rPRINCIPAL PARTICIPANT (not director)

You will require a friend, or yourself to do med-ks1rBASIC BOOKKEEPING, knowing you no longer have to administer Tax or Tax Returns. Status is now med-ks1rTAX EXEMPT

Your workers are now med-ks1rVOLUNTEERS.  You will pay them for donating their time, their out of pocket expenses, petrol, food, lodging etc in cash. Keep a simple ledger for your records of your outgoing cash payments, only for your knowing.
CONTRACTORS

Contractors can provide you with an invoice for their services, for you to pay in cash.

What they will do is charge you GST, however just remember that is their business requirements, so there is nothing you can do about that.  Their invoice to you must be written as med-ks1rINVOICE or STATEMENT, not Tax Invoice.

 

I am not authorised agent to give legal, financial or taxation advice as I am in the PRIVATE. I operate an existing service of my own, using this very process.

“It is real. It’s how I am in service to the people. It’s how I put the food on the table. It’s how I stand in the Kingdom of God.”

“I am of service to the people”
Turikatuku III Alexander