Thank you.
Thank you very much for coming.
I love this study because it gives us a real opportunity to have a discussion about out-of-the-box ideas to increase charitable giving. But as we're progressing with this study, the trend that I'm seeing, unfortunately, is that there appears to be some kind of an effort to support two main ideas: the stretch tax and the capital gains.
We've heard those ideas repeatedly. I'm looking to encourage anyone who might be watching or listening and who might be appearing here in the future to come with some new ideas, because we are going to consider those two ideas and you could also quickly say when you are here that, yes, we support these ideas. But I think we're missing an opportunity when each of these organizations just come here and reiterate what a stretch tax credit is and what a capital gains tax is, because there are other ideas.
So, unfortunately, I'm going to focus my time on the two new ideas because we have spent an awful lot of time on the other situations and I'm disappointed that we aren't coming up with more out-of-the-box ideas.
Jim Patrick, you came here today with a new proposal, which is why we're quite engaged by it. But I want to know what's in it for your organization? How much do the charities pay on average? Is there a formula that you use?