Abstract: A method and system is provided for generating funds for a foundation mission statement, such as a charitable or not-for-profit organization or corporation. A set of variable single premium universal life insurance policies are obtained from an insurer on a block of individuals. A lender loans the funds needed to pay the insurance premiums and any other start up costs and first year costs. Over the life of the loan, a re-insurer provides a mortality guarantee, to ensure a minimum stream of death benefits are paid by the insurer. The life insurance premiums are also invested to provide additional earnings. The cash value of the life insurance policies and the reinsurance policy serve as collateral for the loan. A trustee manages the funds held in an escrow account, including making payments to the lender, filing claims, and receipt of death benefits and reinsurance distributions. The foundation is ensured a certain annual cash flow.