LEAVE A LEGACY

Once you have read about the options we would encourage you to speak with our
"Gift Planning Partners" to assist you in your personal evaluation and participation.


A Gift for the Future

You can be an important part of ensuring the ongoing work of Christian Horizons through your legacy gift to the Christian Horizons Foundation.  There are many ways that you might choose to ensure that together we can continue to serve adults and children with exceptional needs.  These include:

Bequests
Charitable Remainder Trusts
Gifts in Kind
Life Insurance
RRSP’s & RRIF’s
Stocks & Securities

Bequests

A Bequest may be the most significant gift you will ever give and by making a bequest to Christian Horizons you can leave a legacy of your faith, love and support.

A Charitable Bequest is also perhaps the simplest form of planned gift to arrange. It is a gift made through your Last Will and Testament. A Charitable Bequest could consist of gifts of cash (specific amounts), real estate or other property but usually is a percentage of your estate which is given after the estate debts and your family needs are cared for. And since taxes will likely be a big part of the final distribution of your estate, a gift at your death allows you through the benefit of the tax savings to direct a bigger percentage of your estate to the beneficiaries you choose.

Learn more about how you can leave a legacy through a bequest.

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Charitable Remainder Funds

Arrange a trust for Christian Horizons using cash, bonds, securities, real estate or another tangible asset. You’ll be making a gift today but still benefit from the income for the rest of your lifetime.

A charitable remainder trust - like a gift of residual interest - allows you to arrange your legacy gift now and receive an immediate tax receipt, while enjoying the interest income or use of the gifted asset for life.

To establish a charitable remainder trust, you fund the gift by irrevocably transferring assets (a sum of money, securities, personal or real property) into a trust to be managed by a trustee (a financial institution, yourself, a lawyer or our Partner CSS). A trust document names the interest income beneficiary (you or perhaps your child with exceptional needs) and names Christian Horizons as the remainder beneficiary. While there may be capital gains tax payable, you receive a receipt based on the net present value of the remainder interest.

Learn more about how you can leave a legacy through a charitable remainder trust.

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Gifts in Kind

You may choose to give something other than cash or a credit card gift.
“In kind gifts” are gifts of property like: Supplies; Real Estate; Equipment; Books and Artwork.  You will receive a tax receipt for the appraised fair market value determined on the day the gift is made, but we ask that you always talk to us before making a gift in kind, as the gift may need special handling and consideration including potential capital gain tax. Some gifts can be received directly by Christian Horizons, and others may need to be handled by our Partner: Christian Stewardship Services.
You may choose to give this gift now or donate it to Christian Horizons through your Will.

Learn more about how you can leave a legacy through a gift in kind.

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Life Insurance

You can make a BIG difference with a Life Insurance gift!
There are various ways to use Life Insurance to provide a substantial gift to Christian Horizons while leaving other assets for your family:

• Modest, tax-deductible premium payments can provide tax benefits during your lifetime.

• Make Christian Horizons the beneficiary of your insurance Policy and provide tax benefits for your estate

• Gift the ownership of a current insurance policy and receive an immediate tax receipt for its cash value .

You can donate life insurance by transferring ownership and/or beneficiary status of an existing or new policy to Christian Horizons.

Learn more about how you can leave a legacy through a gift of life insurance.

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RRIF or RRSP

RRIF or RRSP gifts are a tax-effective means of supporting Christian Horizons

• A gift from a registered plan (RRSPs and RRIFs) is a simple way to make a significant donation to Christian Horizons while arranging an important tax benefit for your estate.

• RRSPs/RRIFs become fully taxable as earned income in the year of death, usually at the highest marginal tax rate, unless any remaining funds in a RRSP/RRIF account can be rolled over to a surviving spouse or a dependent child. You can name Christian Horizons as a Contingent or Secondary Beneficiary of the plan, allowing you and your spouse to have use of your retirement savings while you are alive, then gifting the balance upon your death.

• RRSP/RRIF gifts are revocable and can be changed if your financial circumstances change. These gifts also avoid probate and are less susceptible to being contested than a charitable bequest. 

• You can also choose to make a gift directly from your registered portfolio

Learn more about how you can leave a legacy through a gift of RRSP’s or RRIF’s.

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Stocks & Securities

Donating publicly traded stock and securities is a tax-smart way to support the work of Christian Horizons. You will receive a tax receipt for the full appreciated value of a donated publicly traded stock or security, PLUS Canada Revenue Agency waives any capital gains tax which would have been payable if you sold the investment yourself.

Eligible securities include shares listed on a prescribed stock exchange or units of mutual funds.  The receipt value will be based on the closing trading price on the day Christian Horizons receives delivery of the shares.

Learn more about how you can leave a legacy through a gift of stocks & securites.

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Learn more about our Gift Planning Partners »