CREATE A GIFT PLAN
The creation of a legacy gift is a personal choice and it is important that you create the plan that works best for you. Contact Violeta at 403-569-3325 or at v.vasileva@centrefornewcomers.ca if you have any questions, or thoughts on what you envision your legacy could be.
LIFE INSURANCE
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There are two ways to give through life insurance:
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Designate the Centre for Newcomers as a beneficiary of your policy. The tax receipt will help reduce estate taxes. By changing ownership of the policy to the Centre for Newcomers you will create a future legacy and receive an annual tax receipt for the premiums paid.
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With a full life policy (fully paid) a tax receipt is issued for the cash surrender value of the policy at the time of the gift.
CHARITABLE TRUST
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Gift an asset like your house while you continue to live in your home on a life estate basis.
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A tax receipt is issued today for a calculated future value of the house.
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The Centre for Newcomers will take possession when you no longer need the house.​
RETIREMENT FUNDS
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There are two ways to give RRSPs:
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Obtain consent from Canada Revenue Agency to donate RRSP or RRIF funds (or spousal RRSP) to a charity.
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Designate the Centre for Newcomers as the beneficiary and tax receipt will help reduce estate taxes.
A BEQUEST
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Talk with your family about your plan to make a gift through your will and why it is important to you.
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Meet with your trusted advisors to discuss how to fit the gift into your long-term financial plan and will. -
Contact us to obtain wording choices for your will or to discuss the details.
SECURITIES
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We can provide you with a Gift of Securities form. Please click here for the form to easily transfer the shares you wish to gift.
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Your gift is valued at the close of day value (fair market value) on the day they are received.
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A tax receipt is issued for the fair market value of the transferred securities.
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When you transfer shares ‘in-kind’ directly (versus selling the shares and giving the cash), the capital gains tax is eliminated.
Contact Violeta Vasileva at 403 569 3325 or v.vasileva@centrefornewcomers.ca
Our legal name: Centre for Newcomers Society of Calgary
Our Address: 1010, 999 – 36 Street NE, Calgary, AB T2A 7X6
Our Registered Charitable Number: 10073 1660 RR0001
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