Remember, you can give as much or as little as you want, and you can always change your mind as circumstances evolve.
A bequest is a gift to the GCA made in your will. This is an easy way to create a lasting legacy for nature. Bequests have a profound impact on the Conservancy’s ability to deliver on its mission. Join us in preserving the BC Gulf Island’s precious natural resources for present and future generations!
The GCA gratefully accepts donations of assets (such as securities, life insurance, RRSPs, RRIFs, property) or lump sums of money.
Remember, you can give as much or as little as you want, and you can always change your mind as circumstances evolve.
Donating publicly-traded securities offers both you and the GCA a huge benefit. They make excellent gifts as they are easy to value and offer significant tax incentives. Gifts of securities can be made now or in your will You will receive a tax receipt for the full fair market value immediately. Corporate donors will benefit from a tax deductible and potentially an increased addition to their capital dividend account. For maximum tax benefits, give securities by having your stock broker transfer (not sell) the securities to our stock broker. Contact us for more information.
While making premium payments, even small current outlays can be leveraged into a significant future gift. Life insurance gifts can be made in two ways: either the policy’s ownership is irrevocably transferred to the GCA, or the GCA is named as registered beneficiary to receive the proceeds of the policy, without being the owner. Insurance policy gifts often appeal to those between 30 and 60 who do not need their older policy, or who want to make a larger gift but have limited resources at the time.
By naming the GCA as recipient of your RRSP or RRIF, you will both be making a valuable gift and saving your estate the tax payable on these assets, whether during your lifetime or after. If donated outside of your estate, you can designate the GCA as beneficiary of the RRSP or RRIF. If through your estate, your estate is the beneficiary, and a separate gift to the GCA is made equal in value to the RRSP/RRIF proceeds. Be sure to speak with a financial advisor or lawyer about this option.
Making a gift of property offers a way to make a substantial contribution, while maintaining flexibility and relieving yourself of real estate obligations such as property tax and insurance. You can gift property in several ways, including: Gifting it outright; leaving it to the GCA in your will; placing it in trust; or retaining the use of it during your lifetime. You will receive an immediate donation receipt, which will surpass any capital gain on the property.
Real estate may be eligible for the Ecological Gift Program, and this changes the process. Click below to find out more about this program.
Endowments are investment funds that create a perpetual stream of income for an organization. Contributing to the GCA’s endowment fund at the Vancouver Foundation ensures that the principal of your investment remains intact, while the interests support the GCA’s mission.
You may leave the GCA:
Our legal information to make changes to your will is:
Legal name: Galiano Conservancy Association
Address: 10825 Porlier Pass Rd., Galiano Island, BC, V0N 1P0
Charitable registration number: 886092998 RR0001
“I give to the Galiano Conservancy Association, currently of 10825 Porlier Pass Rd, Galiano Is, BC, V0N 1P0, Charitable registration number: 886092998 RR0001…”
[Insert the option below that best suits your needs]
to be used
If you have decided to include the Galiano Conservancy in your will, we would love to hear from you, to discuss the impact of your gift, and above all, to thank you for your generosity!
You will also be named as a member of our Legacy Circle in our Annual Report (optional).
If you have decided to leave a gift in your will for the GCA, please print and mail us the Bequest Intention Form below to notify us of your intention.
If you have any questions, please contact Martine Paulin, our Development Coordinator, at 250.539.2424 or give@galianoconservancy.ca.
If you are planning a charitable gift in your will, you might wonder how your decision will impact your loved ones.
The truth is, a charitable gift in your will can significantly reduce the taxes owed on your estate, and in some cases even eliminate them, while leaving the same amount of money to your heirs. Canadians benefit from very strong tax incentives to encourage more giving to charity, yet many of us are not aware of these incentives.
How is this possible? Read this article by Joan Cosby, Senior Financial Planner at Assante Wealth Management to find out!
Given the choice between charity and taxes, wouldn’t you like to decide exactly where your money goes?
