Tax-Smart Giving Opportunities
We now have Development Trust Funds for CMDS and CanMedSend. (See the "Planned Giving" link on this website.) These trust funds incorporate the benefits concerning capital gains tax on charitable gifts of publicly listed securities, that was contained in the 2006 federal budget. Namely, non-cash assets donated to charitable organizations will not result in any capital gains tax being attributed to the donor. Because Ottawa made this provision for charities, your gift can benefit you as well as help launch new initiatives within CMDS or CanMedSend.
In addition to gifts of publicly listed securities and stocks, you may also make gifts of life insurance, annuities, revocable and irrevocable trusts, or leave a bequest in your will through the Planned Giving program. Brochures regarding these different types of gifts are available upon request through the CMDS National Office or electronic versions can be accessed on the Planned Giving section of this website.
A personal and confidential discussion on Planned Giving prospects may be arranged with the Director of Planned Giving, Dr. Wayne Elford: welford@shaw.ca.
Disclaimer
Unless explicitly stated as an official CMDS view point, all commentaries in the News and Events section reflect the belief and interpretation of the author(s) and do not necessarily reflect an official policy/position of CMDS.
