A Lasting Tribute to Show You Care
One of the most satisfying actions to take in life is to provide for the future needs of the people and the causes we care about. Planned giving programs allow people to do just that. This giving alternative lets donors leave financial support in their will or estate to organizations important to them, resulting in life altering gifts for future generations.
Those who would like to ensure a high quality of life for the children and grandchildren who will need long-term and specialized care in the decades to come will be interested in becoming involved in the Circle of Life, Riverview Health Centre Foundation's Planned Giving Program. Gifts are gratefully acknowledged through the Foundation's donor recognition program, and immediate or delayed tax relief is provided.
For further information on Planned Giving opportunities please call the Development Officer at 478-6197.
The Foundation is pleased to offer the following meaningful options for planned giving:
Your Will provides you with the opportunity to leave a lump sum or percentage of your estate to the Riverview Health Centre Foundation. Naming the Foundation ensures the values and interests that are most dear to you continue to flourish after you are gone. A receipt will be issued to offset estate taxes and taxes arising from capital gains.
You can take out a life insurance policy with Riverview Health Centre Foundation as the beneficiary. You pay a small annual premium, but your eventual gift is significant. Tax receipts are issued for all premiums paid. You can also donate an existing policy that is no longer needed and receive an immediate tax receipt for the current cash value of the policy.
An annuity is a unique way to contribute that allows you to receive income for the rest of your life. You may also be eligible for a sizeable tax credit. You may consider transferring stocks or bonds to be used for a designated purpose. You or a family member will still receive the annual interest as well as an immediate receipt based on the value of your gift.
An endowment fund is an irrevocable donation that provides income in perpetuity and can be restricted to fund a specific purpose. Endowment funds are a permanently restricted net asset, the principal of which is protected and the income from which may be reinvested or spent depending on the donor's wishes.
Gift of Property
A donation of property can create a gift of exceptional importance. The current value of the property will qualify as a donation for tax purposes. The proceeds from the sale of the property may be invested in an annuity that will provide you or your family with income for life. You can also donate property through your Will.