Here are just a few of the many available gift plans to consider when creating your plan:
Gifts of Cash, Securities and In-Kind Gifts
Cash gifts may be made outright or pledged over a number of years and can be claimed as a tax credit. Gifts of publicly traded securities, bonds or real estate may be made to the Foundation, and a tax receipt will be issued for an amount up to the fair market value of the gift at the time of the donation. For gifts of appreciated securities, the capital gains tax has been completely eliminated so you enjoy considerable tax savings.
A bequest – such as a sum of money, a percentage of your estate, or a designated asset – bestows a deferred gift through your will to an endowment and can provide valuable tax savings to your estate.
A sizable gift of cash, securities or other assets is managed by the Foundation, providing you with a fixed income for the rest of your life. After your death, the Foundation receives the remainder of your gift.
Gifts of Real Estate
Gifts of real estate may be made immediately, or in the form of a trust, and can range from personal residences and vacation homes to rental properties, farmland, and commercially developed land.
Naming a fund held by the Foundation as the beneficiary of your registered retirement savings plan (RRSP) or registered retirement income fund (RRIF) results in your estate being issued a tax receipt for the full donation amount upon your death.
Donations of flow-through shares involve a significant reduction in the after-tax cost of charitable gifts.