The document discusses LifePoint Catholic Charitable Endowment, a 501(c)(3) organization that accepts donations of unwanted life insurance policies from senior donors aged 65 and older. LifePoint pools these policies from multiple charities to achieve actuarial scale, allowing the number of deaths to become predictable. This predictability enables LifePoint to make annual grants from death proceeds to donor-designated charities. The document provides statistics on the Catholic population in the U.S., Texas, and the Dioceses of Dallas and Fort Worth to demonstrate the potential scope of LifePoint's Catholic Initiative.

1. LifePoint Catholic Charitable Endowment
Impacting the Mission and Ministries
of the Church…

2. We accept
donations of
unwanted life
Insurance from
senior donors
(age 65+)
We “pool” the
policies from
multiple
Charities to
achieve actuarial
scale
We manage the
pool of policies
and pay the
ongoing
premiums
We make annual
grants from the
death proceeds
to donor
designated
Charities
The Company
LifePoint is 501(c)(3) Christian Charity founded Nov. 18, 2008. Our mission is to
generate long-term sustainable revenue for other charitable organizations to help
them to expand their reach and impact. To do this …

3. Pooling policies from
multiple charities
allows the
Endowment to
achieve scale.
Scale allows the
number of deaths
within the pool to
become actuarially
predictable.
In LifePoint’s pooling
design, the charity
exchanges its interest
in its specific policies
for a percentage
interest in the future
grants from the
entire pool.
RESULTS:
Earlier and more
predictable grants to
all named charities
The “Pooling” Concept is Important
1
3
2
4

4. Actuarial Science and Scale Create
Predictable Results
BA, Mathematics, Physics and Business
Administration, Coe College
MA, Applied Statistics, University of Iowa
Vice President - CAST Management Consultants
23 Years Equity Principal - Milliman Consultants
Member of Life Products Committee of the Society
of Actuaries
Fellow, American Academy of Actuaries
Affiliate, Institute of Actuaries
Douglas J. Bennett, FSA, MAAA
Mortality
Table
2008 VBT RR 100
ANB
Age Mix
70-85
Premium
Ratio
1.5%/face
Average
Policy Size
$73,000
Years
in-Force
20
Gender
65% /35%
Smoking
Status
70%/30%
Independent
Consulting Actuary
LifePoint’s Underlying Mortality Model

5. 0
50
100
150
200
250
300
350
400
450
500
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Scale Creates Predictable # of Annual Deaths
Actuarially Probable # of Deaths Per Year
Based on LifePoint’s Portfolio Composition Assumptions

6. $-
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
$90,000,000
$100,000,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Scale Creates Predictable Death Benefits
Probabilistic Death Benefit Model Projections
10 Years - $ 134,747,603
20 Years - $ 880,882,157
25 Years - $1,390,365,987

7. LifePoint Anticipates Reaching Scale
by 2015
2012
114 Policies
$21,140,000
2014
726 policies
$133,004,000
2015
1226 policies
$221,324,000
2013
336 Policies
$62,310,000

8. The Market Opportunity

9. Annual policy
lapse rate by
seniors is 5% -
14% depending
on product
80% age 62+
still own life
insurance
Senior market
(12.8% of US
Population) is
growing 3X faster
- Estimated to
reach 20% by
2050.
An estimated $300 Billion in death benefit is voluntarily terminated
each year by seniors … and is growing!
Life Insurance Donations From Seniors
An Overlooked Market Opportunity
2008 U.S. Life Individual Insurance
Persistency Update, a Joint Study by the
Society of Actuaries and LIMRA
2009 Study by the Insurance
Studies Institute
US Census Bureau
37 million to
86 million
seniors by
2050!

10. • Annual lapse rates for seniors range from 5% -14% depending
on the product
• $300 Billion in death benefit is terminated each
year!
Cancel the Policy
• Extremely limited secondary market for small policies
• Most insured’s and policies DO NOT QUALIFYSell the Policy as a
Life Settlement
• Most charities DO NOT ACCEPT direct donations of life
insurance without a donor commitment to pay the premiumsDonate Directly to
Charity of Choice
• Donor designates the charity to benefit
• Donor receives tax deduction
• LifePoint pays the premiumsDonate to LifePoint
Seniors with Small Policies Have Few Alternatives

11. Relationship to the Charity
Committed to the Mission
Supportive of the Charity
No Longer Need the Policy
Have outgrown the original purpose
Desire to repurpose policy for eternal impact
Considering Terminating
the Coverage
Want to stop paying premiums
Desire to Give a “large” Gift
Best opportunity to make an “Endowment” sized gift
Income Tax Deduction
Tax deduction is equal to the cash value
or Market Value (in Canada)
Seniors WILL Donate Policies to LifePoint

12. A gift of an unneeded life insurance
policy can allow senior donors to
maximize the impact of their lifetime
giving.
Give Life Program
Lifetime Giving
Lifetime Giving
$25,000
$25,000 $75,000 (Average policy size)+
LifePoint Allows Senior Donors To
MAXIMIZE Their Impact
Example: a 75 year old donor that has given $1,000 per year for 25 years:

13. LifePoint Overview – Phase I
2009
Marketing Consultant - Non-Profit Fund Raising Survey
Actuarial Consultant - Researched Mortality Model Assumptions
Received 501(c)(3) Public Charity Status from IRS
2010 - 2013
Raised a $1.08M donation
Conducted a Proof of Concept Pilot
Proved the Concept (People WILL donate policies to LifePoint)
• LifePoint currently owns $4.2M face amount across 23 policies benefitting 21 charities
Established predictable direct-marketing response rates
Developed relationships with 30+ charities and multiple universities
Identified 2M+ current senior donors
Identified a tremendous tax-incented opportunity in Canada
Gained access to a 12,000 Canadian Financial Advisor Network via Canada Gives
Developed a Charity Marketing Toolkit
Developed an Expansion Strategy into the Catholic Market

14. Building An Endowment…
Changing Lives…Impacting The Future…

15. Possibly the number one concern around the country is the sustentation of
our Catholic schools-
 Catholic Schools are the responsibility of the entire Catholic community…
Catholic Schools afford the best opportunity to realize the fourfold purpose of
Christian education, namely,
1) to provide an atmosphere in which the Gospel message is proclaimed;
2) community in Christ is experienced;
3) service to the less fortunate is the norm; and,
4) thanksgiving and worship of God is cultivated and encouraged.
The vitality of the Church is inextricably tied to the health of the Catholic school
system and its mission to form holy men and women who make God known, loved
and served.
Catholic Schools exemplify how to prepare citizens for full engagement in democracy
and commitment to the common good.
Schools – Number 1 Concern

16.  Catholic Schools remain the largest private school system in America providing
remarkable, transformative education while at times on a shoestring budget…
 Catholic Schools flourished historically because of vision and passion of
Bishops, Pastors and Religious…
 How much more tuition can be charged? Costs and tuitions are rising while
enrollment declines…closures on the increase…
 Religious are almost gone. Pastors and Boards are overwhelmed. Mass
attendance is down.
 Faculty salaries still too low…
 Catholic Schools matter now more than ever…
 National treasures that must be preserved in spite of the challenges…
The Case for Catholic Education…

17. LifePoint Charitable
Endowment
The Catholic Initiative is to benefit
Catholic Education, Humanitarian and
Religious endeavors of each Diocese
Health SciencesHumanitarian
Catholic Initiative
A Catholic Initiative
Catholic Statistics Total Age 65+
US Catholic Population* 68,115,001 8,854,950
Texas Catholic Population** 6,939,045 902,075
Diocese of Dallas*** 955,298 124,188
Diocese of Ft. Worth*** 450,000 58,500
* Official Catholic Directory, 2009
** American Religious Identification Survey
*** Diocese of Dallas and Ft. Worth