Unrestricted
Annual Giving
Annual
unrestricted giving is critical to the Foundation
because it provides resources necessary to meet
immediate needs and increasing demands.
Unrestricted giving allows the Foundation to
determine the best use of the gift. The donor
may select an appropriate name by which the fund is
known.
Major
Gifts
Major
gifts generally include gifts from individuals,
corporations, and foundations of $10,000 or more,
the minimum required to establish a named endowment.
A major gift can be pledged with installments paid
over a period of up to ten years.
Honourary
or Memorial Gifts
Honourary gifts recognize special individuals,
anniversaries, or events. Memorial gifts
recognize lifetime accomplishments of individuals
who have passed away. Honourary or memorial
gifts can be unrestricted or designated for use in a
particular area or program.
Legacy
Gifts
Planning your estate properly can assure that your
retirement needs are met, that loved ones will be
adequately provided for, and the knowledge that your
gift will continue providing for others for years
come. A planned gift can provide methods of
reducing the cost of estate taxes and probate.
Capital gains taxes on appreciated assets may also
be avoided completely if the gift is structured
properly.
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BEQUESTS
A bequest is
a specified dollar amount or a
percentage of an estate that is
described in the donor's will.
It's the easiest way to make a
planned gift and it demonstrates
a close relationship between the
donor and the charity.
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LIFE
INSURANCE POLICIES
This
is a way to give a substantial
gift without a substantial cost
to your by naming the Foundation
as the beneficiary of a life
insurance policy. Income
tax receipts are issued for the
premiums paid each year.
Proceeds are paid directly to
the Foundation and are not
subject to probate fees or legal
costs. Existing policies
may also be assigned to the
Foundation.
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GIFTS OF SECURITIES
Listed securities are considered
immediate gifts and include
stocks, bonds, bills, mutual
funds, warrents and futures that
are traded on approved stock
exchanges in Canada and certain
other countries. New
taxation rules make it very
beneficial to donate publicly
listed securities to avoid
capital gains taxation.
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CHARITABLE GIFT ANNUITY
A gift annuity is like an
investment. It permits the
donor to make a significant gift
to the Foundation today, while
at the same time receive fixed,
guaranteed payments for life.
The donor receives both an
initial gift receipt and
deductible income for the
remainder of the donor's life.
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CHARITABLE REMAINDER TRUSTS
A donor makes an irrevocable
gift of real estate, assets or
securities to the Foundation but
the donor receives the income
from the trust or retains the
right to reside in that property
for life or a specified period.
The Foundation would receive
whatever remains in the trust
after death or a specified
period of years.
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GIFTS OF PROPERTY
A
donor can make an outright gift
of real property or can retain
the use of the home, a painting,
or a rare collection etc.,
during his/her lifetime or a
defined period, as outlined in a
charitable remainder trust.
