MAXIMIZE your GIVING while MINIMIZING COMPLEXITY
Provide needed support to your favourite causes and charities, while reducing your overall taxes. Talk to us about our Charitable Giving Program, a streamlined, cost-effective alternative to a private foundation. Our Charitable Giving Program is tax-efficient, has no upfront costs, and less complexity.
“We make a living by what we get; we make a life by what we give. ”
Charitable Gift Planning Options
Charitable bequest
Donate publicly traded stocks or securities
Establish a charitable remainder trust
Donate a life insurance policy
Establish a charitable life annuity
Gifts of registered plans
Establish a private foundation
Establish a donor advised fund
How it works
MINIMUM DONATION
$10,000 initial and $500 subsequent
CHARITABLE ADMINISTRATION FEE
0.55% of account assets each year + MER of the selected funds
WHAT YOU CAN DONATE
Cash, stocks, bonds, mutual funds or life insurance
Benefit from immediate tax savings
Here’s how that could look:
Jane Smith has an annual income of $300,000 taxed at a marginal tax rate of 50%. Jane donates $50,000 to the “Smith Family Charitable Account”.
DONATION
$50,000
TAX CREDITS
(FEDERAL & PROVINCIAL)
(FEDERAL & PROVINCIAL)
$25,000 ($50,000 - $25,000)
NET COST OF GIFT
$25,000 ($50,000 - $25,000)
Jane Smith can donate as much or as frequently as she chooses (NOTE: Subsequent donations must be a minimum of $500). Jane can also name “Smith Family Charitable Account” as the beneficiary of a life insurance policy or her RRIF. Jane’s family and friends can donate to her account, and tax receipts are provided to all who donate
How to get started
Everyone has different reasons for choosing to give. Winning & Associates can help you integrate your values and goals into a carefully constructed
charitable giving plan.