Planned Giving Opportunities
Making a legacy gift to the Canadian Diabetes Association is a very special way for you to help ensure that the Association can continue to provide world-class research, outstanding programs and valuable services to those affected by diabetes.
Many of our supporters have discovered that you don’t need to be wealthy to make a profound difference. In fact, by exploring the possibilities of creative estate planning they were able to make substantial tax-favoured gifts without majorly impacting their current income or assets.
Outlined below are some giving opportunities that you may want to explore. Each option allows you to preserve your financial security for yourself and your loved ones, while giving the gift of hope for those affected by diabetes.
- Gift by Will (Bequest)
- Charitable Gift Annuities
- Life Insurance
- Securities and Mutual Funds
- Charitable Remainder Trust
A bequest is a relatively uncomplicated way to make a gift to the Canadian Diabetes Association. No matter how much money you have, you can leave something to charity through a will or trust. You can leave a specific amount, specific percentage, or the remainder of your estate after other bequests and debts have been paid.
A charitable gift annuity is an attractive way to make a gift to the Canadian Diabetes Association and receive guaranteed income for life. It is a gift that gives back. It can be especially appealing to individuals aged 70 or older, who wish to make a gift to the Association and turn their taxable interest income from savings into substantially tax-free income.
A gift through life insurance provides a way for you to make a more substantial gift to the Canadian Diabetes Association than you might have thought you could afford, at a relatively low cost.
Making a gift of stocks, bonds and mutual funds to the Canadian Diabetes Association provides a gift to support diabetes research, education, service and advocacy plus attractive tax advantages for you. Only a few years ago, most charitable gifts were made using cash. Donating mutual funds or appreciated securities of publicly traded companies listed on a stock exchange makes for a tax-effective way of giving.
A charitable remainder trust is a way to make a secure future gift to the Canadian Diabetes Association while retaining the investment income from the gift during your lifetime. If you have decided that you would like to give a substantial asset to support the Association but need the income that the asset generates, a charitable remainder trust has many benefits.
When you donate to the Canadian Diabetes Association’s Endowment Fund, your gift will generate revenue for the Association forever. An endowment fund is an investment that is set aside for the long-term support of the Association. A portion of the annual income that the fund generates is used to support important diabetes research. The remaining income is reinvested in the fund to ensure that the original capital is protected against the effects of inflation.
* Please Note: The information provided is general in nature and not intended to be a substitute for professional legal and/or financial planning advice. The Canadian Diabetes Association encourages all donors who are planning a significant gift to consult with their family and seek independent legal and/or financial planning advice.