Make a difference!
Financially supporting the teaching of God's Word through Insight for Living Canada makes a difference, impacting people now and for eternity.
Gift Planning is the process of designating and designing charitable giving so that your stewardship goals are accomplished while maximizing benefits now and for generations to come. Planning your giving guarantees the impact of your donation and allows for taxable benefits to you and to the beneficiary of your gifts. Most of all, planning your gifts now ensures that your donations reflect your values and priorities.
Life Gifts
Leaving a Life Gift to Insight for Living Canada ensures the priorities and values that have steered your life will continue as your legacy of commitment to biblical teaching impacts future generations.
Wills:
An up-to-date will guarantees your wishes are carried out. By remembering Insight for Living Canada in your estate planning, your heirs can take advantage of significant tax benefits while blessing this ministry.
Insurance:
Gifts can be made through existing or new insurance policies. You may find that a grown family has shifted your situation, making an old insurance policy unnecessary. This can be redirected to IFLC, offering a significant gift. Or, make IFLC the owner and beneficiary of a new policy, maintain the manageable premium payment, and receive a tax receipt in return.
Besides Life Gifts there are other effective ways to give now:
Monthly Partnership
Monthly Partners are the heart and soul of Insight for Living Canada. As a Monthly Partner you become a vital part of our ministry. With your commitment to monthly giving you receive benefits that reflect our commitment to mutual ministry. Monthly Partners support the ministry through a convenient, automatic method. Funds are withdrawn from your bank account or credit card on the date you select. It reduces processing costs for the ministry and there are no cheques to write, stamps to buy, or trips to the mailbox for you.
Securities
Donating publicly listed securities that have increased in value provide an added tax benefit. The taxable portion of your capital gains will be reduced to 0% rather than 50% and you will also receive a tax-deductible receipt from Insight for Living Canada for the full market value of the security at the time the gift is given.
Payroll Deductions
Many employers offer to make payroll deductions to charitable organizations. Additionally, hundreds of companies offer gift-matching programs. Don't miss out on this opportunity to maximize your gift. Contact your employer's human resources office to find out if your company makes either of these options available.
Gifts-in-Kind
You may choose to transfer ownership of real estate and real property to the ministry. In exchange you will receive a tax-deductible receipt for the assessed value. A qualified, independent third party is required to determine the value of the property before a tax receipt can be issued.
Annuities
An annuity allows you to make a current gift and also receive a regular income generated by that gift. Enjoy significant tax benefits and superior returns on your investment regardless of market conditions while helping Insight for Living Canada at the same time.
RRSP / RRIF
Estates are normally taxed when funds are with drawn from RRSPs. However you can name Insight for Living Canada as beneficiary of your RRSP or RRIF and we receive the full value tax-free. Instead of paying tax your estate would get an offsetting charitable donation tax credit.
For more information call our advancement co-ordinator at 1.800.663.7639
