How
Can I Make A Difference?
As a partner
in philanthropy you have the ability to
change the outcome for countless individuals,
groups and organizations within your local
communities as well as around the world.
With recent
tax changes, it has never been easier to
leave a personal legacy or an anonymous
gift that will benefit others. The following
planned giving strategies are some of the
ways that you can make a difference: |
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| Gifts
of cash: |
A gift
of cash can be a lump sum or a regularly
scheduled payment made on a monthly, bi-monthly,
quarterly, semi-annual or annual basis. |
Bequests: |
Bequests are a gift
of assets which has been allocated to a
specific party through a properly established
will. |
Life Insurance: |
A beneficiary may be named on your life
insurance policy. This ensures that the proceeds
of the life insurance are paid to the beneficiary
of your choice. |
RSPs / RIFs: |
You may elect to have a beneficiary named
on your Retirement Savings Plan or your Retirement
Income Plan. |
Annuities: |
Charitable Gift Annuities and Charitable
Insured Annuities provide a consistent source
of cash flow for a specified period of time. |
Securities: |
Publicly traded securities such as mutual
funds, bonds and individual security holdings
may be donated directly. |
Real Estate: |
Principle residence,
recreational property, buildings and land
may be donated. |
Trust: |
A charitable remainder
trust will provide an income to one or
more beneficiaries for life or a specific
time frame. |
Endowment: |
An investment which
allows the income to be used to provide
support to an organization. The initial
capital remains invested. |
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To ensure that
you are engaged in the best partnership for
you, we recommend consultation with a financial
professional to properly assess current and
future tax implications. |
