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| Ways to Give |
DMF for Seniors understands and respects that donors consider estate and gift planning to be a strictly confidential matter.
The Foundation has adopted a policy to preserve privacy and maintain confidentiality in the planning process.
Considering a large gift such as a bequest in your will requires planning. We suggest that your family, financial planner and lawyer
be involved in this process as timing and tax considerations are crucial.
Bequests: The most common planned gift - bequest - is a gift made through your will. A bequest to the Foundation will be paid after you die. You may donate a specific piece of property, a sum of money, or a percentage of your estate. A bequest can provide a permanent endowment fund in your or a loved one's name. By carefully planning your bequest, you can eliminate all the taxes payable on death. Your executor can claim bequests equal to 100% of the income on your final two tax returns. To make a bequest, please contact your lawyer about drafting or revising your will. The Foundation would be pleased to provide you and your advisors with sample wording for your will. For bequest wording or information about how to direct your gift, please contact DMF for Seniors Charitable Foundation Charitable Remainder Trust: A charitable remainder trust is a life-income gift. It enables you to give today and create immediate tax savings, yet retain the income from the donated asset. Upon your death (or after a prescribed period), the asset is transferred to one or more charities. Charitable remainder trusts are powerful planning tools for people over age 70 who have made, or who are planning to make, a charitable bequest. Stocks, bonds and mutual funds: Donating appreciated, publicly listed securities, such as stocks, bonds and mutual fund units, is the least expensive way to make a gift. You'll receive a charitable tax receipt for the full value of your donation - and pay tax on just half of the normal capital gains inclusion rate: 25% rather than 50%. This reduces the cost of your gift by 10 cents on the dollar. Securities are equally tax-effective when given today or in the future through a bequest. Life Insurance: A life insurance policy on which you are paying premiums today can be a significant gift in the future. You can donate a new policy, an existing policy, or simply name the Foundation as the beneficiary. Each option has different tax consequences. Charitable Gift Annuity: If you are age 70 or older and you invest in conservative investments such as GIC's, and you wish to support the work of DMF for Seniors a charitable gift annuity enables you to make an immediate gift to the Foundation and receive income for life. Gift annuities are attractive to donors over the age of 70 who require guaranteed rates of return for living expenses. Endowments: Endowment money is basically a permanently invested savings account and the income generated from the funds (interest) is spent each year. The Foundation's Endowment is made up of many individual named funds. Each of these funds honours a donor, family or loved one. Each fund is a permanent living memorial that keeps on giving. A named Endowment requires a minimum contribution of $5,000. Many donors choose to combine their current gifts with their future gifts, ie. Bequests in their will, to fund their personal Endowment Fund. Funding these funds takes many years and most of the time involve one donor or a whole family and their friends. Special Events 
Community Walk for Seniors
Annual Golf FundraiserWould you like to make a donation? Cheques can be mailed to: Credit card donations please press the button. |
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