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Frequently Asked Questions

What is private cash gifting?
Private gifting is a concept embraced by private groups of individuals and has been in existence for many years. Our private activity does not involve network marketing, multi-level marketing, or a business or commercial activity. There are no business transactions, investments and/or securities involved in this activity. There is no business or company name or location and there are no directors, officers, shareholders or principals.
Individuals simply support each other in a team concept and help change lives.

The concept of private gifting is based upon the fact that American citizens have the Constitutional right to gift property, cash and other assets, and are subject to the rules and regulations established by the laws. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511.

The law states that one or more individuals can give a gift to another individual of up to $13,000 each per calendar year without any tax liability to either the giver or receiver of the gift, because the tax on the gift has already been paid. WE ARE NOT GIVING TAX ADVICE. Tax evasion is illegal.  Please consult a local CPA regarding whether your gifts are taxable. 

Is this a pyramid?
Not at all. A pyramid is associated with an investment scheme, a company or a business. We are not a company, just a private sharing club. We have zero sales quotas, we do not sell positions. Everyone gives the same gifts, works together in a team and has the potential of receiving the same gifts.

How did this concept begin?
Giving private gifts to one another is an expression of kindness, which has been going on for centuries. Governments have allowed its practice for individuals to share their wealth with families, friends and others. It has been a means of helping and blessing others on special occasions or when the need arises. Many cultures gift as a matter of course. Asian, Jewish and South American communities gift individuals within their culture on a regular basis so that they may start a business or buy a home. They in turn gift someone else to help enhance their lives. Habitat for Humanity is a great example of private gifting. Everyone participates with their time, their talents and materials to build a home for someone else. Some participate with a hammer, some with nails, some with food and others with the monetary gifts to purchase the supplies, but all create a team that works together to bless someone's life.

How does Cash Gifting work?
This activity is offered only by means of an exclusive one-to-one invitation. When someone accepts the invitation, they can move through a natural progression from the giving to the receiving stages of the activity. In this activity, there is no fixed hierarchy of individuals who have an advantageous position or unfair advantage over new participants.

Who can participate?
This is a private sharing group, and is offered only through an exclusive one-on-one invitation to individuals over 18 years of age who live in the United States. You are invited to learn more about our activity and become part of something extraordinary.   

Anyone can do this. Whether you are currently employed part-time or full-time, unemployed, retired, disabled, a student, single parent or a busy housewife.  All you have to do is be willing to give!

Is this a company?
There isn't a company. We are a team of individuals and we give "Gifts" to one another. We are not a business or an investment. A company can't withhold or misplace our gift. We are totally in control and in charge of our own gifts and give directly one to another.

Do I Need a Computer to Participate?
You will need to check your Eagles Den online several times each week.  For those who don’t have a computer, consider having a family member, friend, or Inviter, with a computer, help you get started. Please be sure it is someone you know, love and trust! In most areas, public libraries have Internet ready computers available to the public and staff who will teach you the basics of how to use them.


How can you give to a stranger?
How many times have you given to United Way, the Salvation Army and other charities? You don't know who got the gift, what stranger. The only difference here is that this person will start out as a stranger, but you will get to know them as part of the team, work with them and perhaps develop new friendships. We all have met some of the most wonderful people and have made a lot of new friends across the country and the world. These people are giving, they like team dynamics - they are people we want to meet and befriend.

Why would I want to participate?
"Gifting" has changed countless lives for the better. People who were about to lose their cars and homes have been saved from financial ruin, college education's have been made possible, and nearly forgotten dreams have come true, all from participation in "Gifting".

Is Cash Gifting Legal?
This is probably the number one question that pops up when people start to see the lucrative potential with this kind of activity, and it's certainly the first thing that we wanted to know too... after all, we have no interest in getting into any type of legal hot water, and we’re sure you don't either, so here's what we found out. In researching this activity, it's important to keep in mind that there's no book out there that tells you what is legal in our society, only what is not legal. In the United States we have the Preamble, the Constitution and the Bill of Rights to protect a private citizen's rights to earn, pay taxes and give away property and cash as long as it's done according to the laws and codes of this country. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511.
"Click here" for this document. In 2009 in the United States of America, the law states that one or more individuals can give a cash gift to another individual of up to $13,000 each per calendar year without any tax liability to either the giver or receiver of the gift, because the tax on the gift has already been paid. We also found that most well organized Cash Gifting programs require each participant to use some form of a Gifting Statement and/or Non-Solicitation form, which when signed, become binding agreements between two private individuals. These forms are used, it's said, to ensure the longevity and legality of a gifting program. So giving a gift of cash to someone, be it a friend, family member or a stranger is legal according to IRS code.

 

 

by on Sep. 23, 2010 at 3:29 PM
Replies (11-14):
1Anita1
by Group Owner on Sep. 26, 2010 at 4:18 AM

 

If you do not have a debit/credit card, go here.. it is FREE!

                             http://www.pinpaysoftcard.com/

 

1Anita1
by Group Owner on Sep. 26, 2010 at 5:47 AM

 

This IS a Private Group... Because of our past, present and future endevours to assist others in these trying economic times.... I have beed allowed to share this in "OUR" Group!

 

1Anita1
by Group Owner on Sep. 26, 2010 at 5:51 AM

 Duplications of this information IS Illiegal!

  Anything created like this .. after my first post date will be questioned.....  ALL groups are Welcomed to join.....

We WILL give you a link to sign up with and then you CAN take your personal link to your group.....

 

MMS2011
by on Aug. 27, 2011 at 1:24 PM

count me in

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