Perpetual funding method for mitigating impacts on public infrastructure projects

• US 20050228732A1
• Filed: 04/05/2005
• Published: 10/13/2005
• Est. Priority Date: 04/08/2004
• Status: Abandoned Application

• Current Assignee: California Natural Resources Foundation
• Original Assignee: California Natural Resources Foundation
• Inventors: Gregory, Mark, Ferretti, Nello, Cummings, Earle, Slay, Ronn T.
• Application Number:
  US11/100,288
• Publication Number:
  US 20050228732A1
• Time in Patent Office: Days
• US Class Current: 705/35
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: Y02A 40/22 Improving land use; Improving water use or availability; Controlling erosion

Abstract

The present invention generally provides a method for administering project finding, whereby the project administrator receives an endowment or startup grant from a sponsoring entity, and utilizes said endowment or grant to purchase financial instruments offered by that entity. This creates a zero net loss situation for the sponsoring entity. In return, the project administrator receives the income generated by the financial instruments, and pays the project expenses from such income without invading the endowment or startup grant.

Claims

1. A method of administering project funding, comprising the steps of:

a. receiving an endowment from an entity;

b. utilizing said endowment to purchase financial instruments offered by said entity;

c. receiving income generated by said instruments; and

d. utilizing said income to pay project expenses.

2. The method of claim 1, comprising the additional step of invading said endowment only under certain predefined circumstances.

3. The method of claim 2, comprising the additional step of replenishing said invasion of said endowment from subsequent income earned from said investments.

4. The method of claim 1, wherein said purchase of said instruments offered by said entity results in no net loss of finds for said entity.

5. The method of claim 1, wherein, upon maturity of said financial instruments, said endowment is used to purchase additional financial instruments offered by said entity.

6. The method of claim 1, wherein said project funding terminates pursuant to a predetermined duration.

7. The method of claim 6, wherein the endowment is invaded pursuant to a predetermined schedule.

8. The method of claim 7, wherein such invasion causes said endowment to be depleted upon a project termination date.

9. A method for administering a real estate mitigation endowment project, comprising the steps of:

a. receiving a mitigation endowment from a government entity;

b. utilizing said mitigation endowment to purchase financial instruments offered by a government entity;

c. receiving income generated by said instruments; and

d. utilizing said income to pay the expenses of the real estate mitigation project.

10. The method of claim 9, comprising the additional step of allowing invasion of said mitigation endowment only under certain predefined circumstances.

11. The method of claim 10, comprising the additional step of replenishing said invasion of said mitigation endowment from subsequent income earned from said instruments.

12. The method of claim 9, wherein said purchase of said instruments offered by said government entity results in no net loss of funds for said entity.

13. The method of claim 9, wherein, upon maturity of said financial instruments, said endowment is used to purchase additional financial instruments offered by a government entity.

14. The method of claim 9, wherein said mitigation project finding terminates pursuant to a predetermined duration.

15. The method of claim 14, wherein the mitigation endowment is invaded pursuant to a predetermined schedule.

16. The method of claim 15, wherein such invasion causes said mitigation endowment to be depleted upon a project termination date.

17. A method for administering a real estate mitigation endowment, comprising the steps of:

a. receiving a mitigation endowment from a public entity;

b. utilizing said mitigation endowment to purchase financial instruments offered by a public entity, such that said government entity suffers no net loss of funds;

c. receiving income generated by said instruments;

d. utilizing said income to pay the expenses of the mitigation project;

e. allowing invasion of said mitigation endowment only under certain predefined circumstances;

f. replenishing said invasion of said mitigation endowment from subsequent income earned from said instruments;

g. upon maturity of said instruments, utilizing the endowment to purchase additional financial instruments offered by a public entity.

18. The method of claim 17, wherein said mitigation project funding terminates pursuant to a predetermined duration.

19. The method of claim 18, wherein the mitigation endowment is invaded pursuant to a predetermined schedule.

20. The method of claim 19, wherein such invasion causes said mitigation endowment to be depleted upon a project termination date.

21. A method of administering project funding, wherein an endowment received from a public entity has been utilized to purchase financial instruments offered by a public entity, comprising the steps of:

a. receiving income generated by said financial instruments; and

b. utilizing said income to pay project expenses.

22. The method of claim 21, comprising the additional step of allowing invasion of said endowment only under certain predefined circumstances.

23. The method of claim 22, comprising the additional step of replenishing said invasion of said endowment from subsequent income earned from said instruments.

24. The method of claim 21, comprising the additional step of purchasing additional financial instruments offered by a public entity.

25. The method of claim 21, wherein said mitigation project funding terminates pursuant to a predetermined duration.

26. The method of claim 25, wherein the endowment is invaded pursuant to a predetermined schedule.

27. The method of claim 26, wherein such invasion causes said endowment to be depleted by a predetermined date.

28. The method of claim 21, comprising the additional step of determining other uses for said income pursuant to a set of predetermined criteria.

29. The method of claim 28, comprising the additional step of utilizing at least a portion of said income for said other uses.

30. A method of administering a mitigation endowment project, wherein an endowment received from a government entity has been utilized to purchase financial instruments offered by an entity, comprising the steps of:

a. receiving income generated by said financial instruments;

b. utilizing said income to pay project expenses;

c. allowing invasion of said mitigation endowment only under certain predefined circumstances;

d. replenishing said invasion of said mitigation endowment from subsequent income earned from said instruments; and

e. upon maturity of said instruments, utilizing the endowment to purchase additional financial instruments offered by a public entity.

31. The method of claim 30, wherein said mitigation project funding terminates pursuant to a predetermined duration.

32. The method of claim 31, wherein the endowment is invaded pursuant to a predetermined schedule.

33. The method of claim 32, wherein such invasion causes said endowment to be depleted by a predetermined date.

34. The method of claim 30, comprising the additional step of determining other uses for said income pursuant to a set of predetermined criteria.

35. The method of claim 34, comprising the additional step of utilizing at least a portion of said income for said other uses.

36. The method of claim 30, wherein said entity from whom the financial instruments are purchased is the same entity as the entity from whom the mitigation endowment is received.

37. The method of claim 30, wherein said entity from whom the financial instruments are purchased is a different entity from the entity from whom the mitigation endowment is received.

38. The method of claim 37, wherein said entity from whom the financial instruments are purchased is another government entity.

39. The method of claim 37, wherein said entity from whom the financial instruments are purchased is a private entity.