Gift Instrument Grid

 

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Gift Instrument Grid
Comparing ways to make an impact

Opportunity

Concept

Donor Need

Benefit to Donor

Benefit to Charity

CASH Outright gift
  • Philanthropy
  • Immediate tax relief
  • Donation receipt
  • Immediate resources for ministry
LISTED SECURITIES Gift securities
  • Immediate tax relief
  • Eliminate capital gains tax on the securities
  • Immediate resources for ministry
GIFT IN KIND Give a gift of real property
  • Immediate tax relief
  • Relief of a tangible asset no longer needed
  • Eliminate capital gains tax on the asset
  • Use of asset and/or
  • Proceeds from sale of asset
BEQUEST Name a charity as a recipient of a portion of the estate
  • Philanthropy
  • Estate tax relief
  • Estate taxes reduced or eliminated
  • Future resources for ministry
LIFE INSURANCE, CHARITY AS OWNER Donor names charity as owner of a policy
  • Annual tax relief
  • Charity issues donation receipt for cash surrender value of policy and value of annual premium payments
  • Future resources for ministry
LIFE INSURANCE, CHARITY AS BENEFICIARY Donor names charity as beneficiary of a policy
  • Estate tax relief
  • Avoid or reduce 'wealth transfer taxes'
  • Estate taxes reduced or eliminated
  • Greater estate value for beneficiaries
  • Future resources for ministry
GIFT ANNUITY Convert cash or asset to lifetime investment where donor receives strong return, most or all tax free. Mimimum 20% donation receipt
  • Immediate tax relief
  • Strong return on investment
  • Donation receipt
  • Lifetime income, majority tax free
  • Future resources for ministry
RRIF Convert RRIF's into an annuity
  • Immediate tax relief
  • Reduced taxes, potentially greater income
  • Future resources for ministry
RRSP Donate RRSP's
  • Tax relief
  • Eliminate income tax
  • Future resources for ministry
CHARITABLE REMAINDER TRUST Donate an asset now but receive lifelong benefit of asset
  • Immediate tax relief
  • Continued income from the asset
  • Large donation receipt
  • Ongoing income
  • Future resources for ministry

 


  

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