The Answer Is Incredibly Simple.

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What if you had your savings in an investment-oriented, non-profit foundation instead of a bank or the stock market?  

If you don't have access to an investment foundation, please see the page titled:  Your Personal Retirement Money.    

Suppose that your foundation had these attributes:

   The foundation DOES NOT do any banking business.   It's strictly an investment foundation.  

   The Foundation is managed by professionals who are under the control of the people who have money deposited in the foundation's investment accounts.   

   The foundation's investment money are  invested and managed by professional managers who were paid a straight salary.   

   The foundation was created so that many small investors could join with other small investors in order to make larger and usually more profitable investments.

   The depositors (those who participated in the foundation by depositing money in the foundation's investment account) are the foundation's named beneficiaries.  (A  foundation has no stock holders.   Moneys in a foundation are disbursed to the named beneficiaries.)     

The Result Would Be:

   Your savings money would be under the joint control of you and the other depositors.  

   In the Choose to Save Foundation, the beneficiaries and the depositors are one and the same.   This eliminates the conflicts of interest ^**ggm6  that have dominated and polluted the banking industry and that have cost customers billions of dollars.   

   The profits would go to you and the other beneficiary of the foundation and not to the super-wealthy bankers.   

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Using the Non-Profit Foundation Format 

There are severs differences between the Choose to Save Foundation  and a bank.   

First, the Choose to Save Foundation does not do any banking or provide any  banking services.   It is not a credit union either.   It's an investment foundation, similar to those used by major universities to manage their endowment moneys.   

Reference:  Financial Role Models

Second, with banks, the profits go to the investors (the stockholders).    The Choose to Save Foundation  has no stockholders.  

Third,  in the Choose to Save Foundation, the benefits are the profits from the foundation's investments.   The depositors are the beneficiaries.  Profits go to the depositors and not to outside investors.

Fourth,  we use a non-profit foundation as our legal structure with the intention of  accomplishing these goals:   

   The Choose to Save Foundation  is being created for the express purpose of providing a structure in which depositors have oversight control over how and where their money is invested.   As clearly expressed in the foundation's bylaws, the investors (by the vote of beneficiaries at regularly scheduled meetings)  control those who management their investment money. 

   Our goal is to offer an alternative to the  traditional places that ordinary people (non-professionals investors) deposit the money that they intend to save.   Presently, the general public gets to choose among investment options such as bank, bonds, and the stock market.   All of these options are controlled by the financial industry.  All of them are profit-oriented.  All of them have a conflict of interest between making a profit and serving the investor.

    The Choose to Save Foundation  is being created for the express purpose of eliminating the conflicts of interest the presently dominate the financial industry. ^**ggm6   We do this by directing the profits from the investments to the depositors and not to outside investors.  

   Because any group of people can do what we are doing, our goal is to demonstrate how investors can:  1)  join with others and create their own foundation,  2) oversee their investments,  3) have their savings money professionally invested and managed, and 4)  reap the profits from their investments.   This is an alternative to tradition savings plans (banks) where everything is controlled by someone else and where most of the profit go to an organization owned and controlled by the super-wealthy.   

   Our goal is to  design and create an investment organization that anybody can participate in, where investments are professionally managed, and were (except for reasonable operating costs)  profits from investments go to depositors.