Securities (stocks, bonds, units of a mutual fund trust or segregated fund trust):

Donations of securities receive the greatest tax benefit. In addition to the Federal and Provincial tax deductions discussed above, donations of publicly listed securities to public charities are exempt from capital gains tax. For full details of how a gift of securities would benefit your tax situation, please speak to your financial advisor.

Life Insurance

A gift of life insurance can have either an immediate or deferred tax benefit. To receive an immediate tax benefit you must transfer ownership of the policy to Calgary Meals on Wheels. You will then receive a receipt for the Cash Surrender Value of the policy and further receipts for any future payments you make on the policy. A deferred gift of life insurance simply involves naming Calgary Meals on Wheels as the beneficiary or co-beneficiary and upon payment of the policy we issue a tax receipt in the name of your estate.

Bequest

A bequest is one of the simplest ways to make a gift to a charity. A bequest may take the form of a specified cash amount, a list of securities or property, or a percentage of the estate. When preparing your will it is highly recommended you consult with your lawyer and financial advisor.

In Memoriam or In Honour Giving:

In Memoriam or In Honour Giving provides you with the opportunity to remember special individuals with a tribute gift. Gifts may be made “In Memory of” an individual to commemorate a loved one’s life, or “In Honour of” an individual who is special in your life. Gifts may also be made in honour of special occasions, such as birthdays, graduation, and anniversaries. At your request, Calgary Meals on Wheels will send a card to the individual whom you designate to notify them of your gift. The amount will not be disclosed.

Matching Gifts

Many companies have a Corporate Matching Gift Program and will match your monetary and/or volunteer contribution with a corporate gift. Check with your employer to find out if they offer this great way to increase the value of your giving.

Monthly Giving

Monthly giving is a great way to budget your donation over the year, allowing you to consistently give at your preferred level. This can be set up to happen automatically on the same day every month and can be discontinued at any time you choose.