|
Opportunity |
Concept |
Donor Need |
Benefit to Donor |
Benefit to Charity |
| CASH |
Outright gift |
-
Philanthropy
-
Immediate tax relief |
|
- Immediate resources for ministry
|
| LISTED SECURITIES |
Gift securities |
|
- Eliminate capital gains tax on the securities
|
- Immediate resources for ministry
|
| GIFT IN KIND |
Give a gift of real property |
|
- Eliminate capital gains tax on the 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 |
|
- 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 |
|
|
- 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 |
|
|
- Future resources for ministry
|
| RRIF |
Convert RRIF's into an annuity |
|
- Reduced taxes, potentially greater income
|
- Future resources for ministry
|
| RRSP |
Donate RRSP's |
|
|
- Future resources for ministry
|
| CHARITABLE REMAINDER TRUST |
Donate an asset now but receive lifelong benefit of asset |
|
-
Large donation receipt
-
Ongoing income |
- Future resources for ministry
|