Pilatus PC-12 cargo door open on a ramp

Reboot Charity aircraft funding

Two ways to put a mission aircraft to work.

Reboot Charity can hold and deploy aircraft assets for public-benefit flying. This page frames two funding paths for a PC-12/47: a low-interest loan that Reboot can service, or a charitable gift that gives Reboot the cleanest runway for upgrades, insurance, maintenance, and larger mission impact.

$4.0M Aircraft capital target
2% Illustrative low-interest loan rate
5 years Interest-only term with balloon repayment

Operating idea

The missing piece is the aircraft.

Reboot Charity logo

Reboot Charity

Receives, holds, insures, maintains, and deploys aircraft assets for public-benefit aviation.

Volunteer Pilot Group logo

Volunteer Pilot Group

Provides volunteer pilots and field operating experience for disaster relief and Alaska village missions.

PC-12/47

The aircraft

A larger, more capable mission platform for disaster response, Alaska work, passenger movement, cargo, supplies, and field logistics.

Aircraft strategy

Why a used 2008 Pilatus PC-12/47 instead of a new aircraft.

A new Pilatus PC-12 can approach $9 million before mission-specific upgrades. A proven 2008 PC-12/47 can put the same mission into the air for roughly half that capital, while still leaving room for avionics upgrades, maintenance reserves, training, insurance, and deployment readiness.

The disciplined choice is not the newest aircraft. It is the aircraft that gives Reboot the most capability per donated or loaned dollar, preserves useful load, and can be modernized into a highly capable platform for Alaska, disaster relief, cargo, supplies, and passenger movement.

Pilatus PC-12 cockpit and avionics panel
Modernize the platform. Garmin avionics upgrades can bring the operating experience much closer to a newer cockpit without paying new-aircraft pricing.
$4M vs. $9M

More leverage per dollar

A used PC-12/47 keeps the acquisition near the funding target. The same capital required for one new aircraft could nearly fund two used mission platforms.

Value discipline

Less early depreciation exposure

A mature aircraft has already absorbed much of the steep new-aircraft depreciation curve, which helps protect mission capital and lender collateral.

Garmin path

Upgradeable avionics

The older aircraft can be upgraded with modern Garmin avionics, giving pilots a contemporary operating environment without paying for a factory-new airframe.

Engine options

Overhaul can improve the airplane

When engine overhaul time arrives, Reboot can evaluate upgrade and overhaul options that may make the aircraft stronger than the original configuration.

20,000 hours

Long airframe runway

The PC-12 airframe is built for a long service life, with a 20,000-hour cycle and reset options that can extend the airframe for another 20,000 hours.

PC-12/47

Better than a PC-12/45 for this mission

The -47 is the right target because it offers more useful load than the -45, preserving payload for people, cargo, supplies, fuel, and Alaska operating margins.

Training advantage: Reboot and VPG can also lean on volunteers in the network who are trainers in this aircraft, helping reduce training cost while improving standardization and safety.

Option 1

Low-interest loan to Reboot Charity.

A lender could provide Reboot Charity a $4 million aircraft loan at a below-market interest rate. The model below assumes a 2% interest-only structure for five years, with a balloon payment of the principal balance at maturity.

The lender does not receive the same tax benefit as a charitable gift. The return is primarily mission-driven: a modest interest return paired with direct deployment of an aircraft into disaster relief and Alaska village support.

Debt service is manageable. At 2%, annual interest is $80,000, or about $6,667 per month. Reboot can plan around a defined annual funding target through mission sponsors, aviation donors, grants, and aircraft-support underwriting.
Annual interest $80,000
Monthly equivalent $6,667
5-year interest paid $400,000
Balloon payment $4,000,000

Option 2

Charitable gift or partial gift / partial loan.

Potential charitable deduction $4,000,000
Estimated tax offset $1,480,000
Estimated net gift cost $2,520,000
Remaining loan need $0

A $4 million charitable donation gives Reboot the cleanest aircraft pathway: no required debt service, stronger reserves, and more flexibility to fund upgrades, insurance, maintenance, training support, and deployment readiness.

A partial gift / partial loan can also work. The gift portion may create a charitable deduction for the donor, while the loan portion keeps some capital repayable over time.

Why the gift structure is powerful. Reboot can put more dollars into aircraft readiness instead of interest expense. Volunteer pilots can focus on flying the mission, while the aircraft has the funding base to be safe, insured, upgraded, and available.

Long-range effect

Limited lease hours can help the aircraft cover its own expenses.

If a donor or lender helps Reboot acquire the aircraft, the plane does not have to sit idle between public-benefit missions. Leasing it out for several hundred hours a year can help pay for maintenance, insurance, training, storage, and reserves while keeping the aircraft available for disaster relief and Alaska village support.

This is not about turning Reboot into a charter company. It is about using controlled lease availability to make the aircraft financially durable, expand the group's capabilities, and give the donor or lender a longer-reaching impact than the acquisition alone.

$2,500/hr lease revenue $1,494/hr direct cost $99,211 annual fixed costs
Annual lease revenue $500,000
Direct and fixed costs $397,944
Operating surplus before debt service $102,056
Annual loan interest $80,000
Net readiness reserve after debt service $22,056
Five-year cumulative reserve $110,278

Flexible structures

Alternate options can be shaped around the donor or lender.

Full loan

$4M at low interest, interest-only, five-year balloon. Best for someone who wants principal returned and accepts a primarily mission-driven return.

Full gift

$4M donation to Reboot. Best for maximum mission flexibility and a cleaner charitable tax profile, subject to the donor's individual tax facts.

Gift plus loan

Example: $2M gift and $2M loan. Reboot reduces debt service, donor preserves some repayment economics, and both sides increase mission capacity.

Reserve-funded gift

Gift funds aircraft reserves, avionics, insurance, maintenance, and readiness while a separate lender funds part of the acquisition.

Impact case

The return is measured in readiness and reach.

Disaster availability

The aircraft can be positioned for urgent aviation needs after hurricanes, earthquakes, floods, fires, and other events where roads, airline schedules, or smaller aircraft are not enough.

Alaska village support

A larger aircraft gives the mission team more payload, better range, and more practical flexibility for Alaska communities.

Volunteer pilot leverage

With pilots willing to fly, funding the aircraft asset turns volunteer time into more seats, more cargo, and more finished missions.

FAQ

Common donor and lender questions.

If I make a loan or donation, can I use the aircraft?

Yes, with limitations. The IRS has strict rules around donor benefit, private use, fair-market payment, and charitable-use structure. Any personal or business use would need to be reviewed and documented carefully with qualified tax and legal advisors before anyone relies on it.

Can I go with the teams on disaster relief flights?

Sure, come on along. Disaster response flights often need extra hands for staging supplies, loading cargo, sorting equipment, and helping the team move quickly when timing matters.

Can I go on the community support trips in the islands and Alaska?

Sure, you will have a blast. These trips are hands-on community support missions, and the experience can make the impact of the aircraft feel very real.

What if I want to make a donation to help, but cannot fund the whole aircraft?

Reboot Charity would be grateful for any help. Checks can be sent directly to Reboot Charity, 931 Village Blvd Ste 905-403, West Palm Beach, FL 33409. Reboot will send a donation acknowledgement letter right away. You can also visit rebootcharity.org for other ways to help.

Important tax and lending notes.

This page is an illustration for discussion only. It is not tax advice, legal advice, lending advice, or an offer to sell securities. Charitable deduction treatment depends on Reboot's qualified organization status, whether the donor itemizes, AGI limitations, property type, substantiation, any value received, and individual tax facts. IRS guidance generally limits cash gifts to public charities by a percentage of adjusted gross income, with unused deductions potentially carried forward in some cases. Lenders and donors should consult qualified tax, legal, and financial advisors.

Start a discussion

Talk through the right structure.

Reboot is open to a full loan, full donation, partial loan / partial donation, or another structure that works for the donor or lender.

Jeremy: 561-714-3679 | [email protected]