Charitable Registration No. 892961566RR0001
 		  
 
  
   
 
 

Planned and Major Gift Opportunities:

Planning Your Legacy

 

 

“Planned Giving” refers to the many ways of planning your charitable donations in order to optimize the benefits to both the charity and you as the donor. Many, though not all, planned giving options are deferred gifts made through your Estate and Will.

 

However, there are various planned gifts that may be better defined  as “major gifts”, contributions that you make during your lifetime to a charity while you are able to see the impact and benefits.

 

Bequests of money or property, gifts of life insurance, annuities and gifts of securities are some of the most common options in planned giving. Each has legal and financial implications that should be discussed with a professional.

 

It is also advisable to discuss your planned giving intentions with family members or others close to you. This can help assure their well-being when planning your estate and help them to clearly understand your wishes and appreciate your reasons for leaving a legacy to charity.

 

Finally, it is important to consult with the charity to ensure that they are properly named in your Will.

 

 

Charitable Gift Annuities:  If you wish to make a significant charitable gift, but still wish to receive the income generated by your assets, you may want to consider a charitable gift annuity. This form of a gift allows you to support Hospice now, while still receiving a guaranteed annual income for life.

 

Gift of Life Insurance:  Many people discover that life insurance provides an affordable way to make a gift to a charity. Whether transferring ownership of an existing policy, purchasing a new policy or naming Hospice as the beneficiary of a policy, there are many options available to support the work of Hospice.

 

 

Charitable Remainder Trusts:  This form of gift to Hospice provides the flexibility when planning your estate and offers a means of directing your assets and making future gifts.

 

 

Gifts of Securities:   By donating a listed security you can make a substantial contribution to the work of Hospice while gaining significant tax benefits.

 

 

Employee Matching Programs:  Many employers now offer a variety of matching opportunities to support their local communities through their staff. Some will match your personal donation; some will recognize your volunteer contributions by donating to your charity. Ask your employer if there are any opportunities to enhance your current contributions of time or money.


For further information, please contact Janet at:

(905)373-8875

janet@hospicenorthumberland.ca