Planned Giving is very simply planning to make a gift and deciding in advance what happens to your estate. Planned gifts are generally funded from accumulated resources or assets, rather than income. It is a wonderful way to leave behind a legacy for the future of wildlife welfare. More and more people are coming to realize the impact that this sort of legacy has on a charity.
The benefits of planned giving are immediate and far-reaching. You have control over what and how much you decide to leave, and will have peace of mind knowing that financial matters are taken care of. Think of making plans for your charitable goals now; many people postpone or never realize their decisions. As well, you may lower your current taxes or lower the taxes your estate will be required to pay.
We are a Registered Charity with the Canadian Revenue Agency, # 81402 0210 RR0001.
Ways of giving
The easiest way for you to assist SPWC is through your will. The Centre can accept and provide charitable receipts for cash donation bequests. Bequests are tax creditable and are not subject to estate taxes or succession duties. Revenue Canada regards such gifts by will as having been made in the taxation year of the person’s death. The taxable income of your estate can therefore be reduced by the amount of your bequest to the extent of the maximum allowable deduction for the current year.
Life Insurance Policy
A powerful gift with big benefits. Small annual installments can mean a substantial gift for the Centre, plus your estate is not affected and the gift is not diminished due to taxes, probate or administration fees. Choose to donate with your existing policy or a new one.
Gifts in Kind
The Centre is able to accept donations of real property such as stocks, bonds, artwork, books and other assets. Gifts in kind may be made as outright gifts, through a will or in trust.
This is perhaps not a traditional way of giving, but a very effective one regardless. Land or buildings, both commercial or private, make excellent charitable gifts. The property can be sold by the Centre, with the proceeds used for purposes designated by the donor.