Planned Giving

November 30th, 2018

Planned Giving

Legacy Giving
Have you ever thought about what you will leave behind? Is leaving your legacy or a living legacy something you may be interested in? How would you like to support future generations, in a cause you care about?

For 23 years Youville Centre has been supporting young mothers and their children through education. Here at Youville we work to improve the lives of two generations and believe that this work resonates to aaffect other family members and the community as a whole.

We couldn’t do this work without the support of donors like you and to ensure that this important work continues we need to encourage donors to think about the future, that long after you’re gone, Youville will still be here, supporting young mothers toward success. Wouldn’t you like to know that you’re a part of those successes?

You also have the option of a living legacy, giving now so that you can watch your contribution at work. Scroll Down and discover ways you can give. If you require further information
please do not hesitate to call Youville Centre at 613-231-5150 ext 112 or your Financial advisor.

The Youville Centre helps
young single mothers provide
a brighter future for themselves
and their children.
In a caring atmosphere, the
mothers can complete their
high school education while
developing strong parenting
skills. Their children benefit
from a licensed early childhood
development program
in Youville’s bright, child-friendly
facility.

Bequests
A bequest is convenient, easy to establish, and provides signicant tax benets to your estate. Arranged through a will or living will, a bequest can be a gift of cash, real estate, or another valuable
such as stocks or bonds. A specific dollar amount, or percentage can be identified with a bequest. Youville Centre can be assigned as a residual beneficiary, leaving the balance of the estate to the Centre after payments to all other beneficiaries have been made.

Life Insurance
Life insurance policies are a simple way for donors to ensure that Youville Centre can continue to carry out its mission. By naming the Youville Centre as a beneficiary of a new policy, or revising an existing policy, all proceeds will be made available to Youville Centre at the time of passing. Your estate can benefit right now by becoming eligible for taxation benefits, while at the same time avoiding probate fees.

Securities
These are a special form of property, and include investments such as equities, bonds, and mutual funds. As charitable gifts, these are easily transferable, easy to value, and provide Youville Centre with your generous support. Once a security is transferred directly to a charitable organization, a tax receipt is provided for market value of the security as well eliminating the taxable capital gain.

RRSP/RRIF
In the same manner that Youville Centre can be assigned as the beneficiary of a life insurance policy, an RRIF or RRSP plan can also be assigned with Youville Centre as the beneficiary. This generates a tax credit on your annual income tax return.

Annuities
Upon signing over cash, securities, or other assets to the Centre, the donor can be provided with a firm, and regular income for the rest of their natural life. This is known as a Gift Annuity, and is the most suitable for donors over the age of 70 who plan to leave a gift to the Youville Centre, but still require an income.

Youville Forever Gift (Endowments)
Endowment funds provide for future generations at Youville Centre. Interest on the endowment is used to support the Centre, while the capital remains intact. Friends and family may add to the endolegacccywment at any time, perhaps as a gift in lieu of other memorial recognition items. A charitable tax receipt is issued for this type of gift.

Charitable Remainder Trust
The Charitable Remainder Trust is created when the residual interest from a trust is donated to Youville Centre. A trust is established to provide income over the course of an entire lifetime, and the capital is then donated to the Foundation upon passing. It can also provide a tax credit upon the trust’s creation. This method of giving is ideal for senior citizens who are in high tax brackets.

Personal Property
This type of gift makes it possible to receive an immediate tax receipt upon donation of tangible property. In the case of real estate, two primary options exist. An outright gift can be made which transfers ownership to Youville Centre and generates a tax receipt for fair market value, or a gift of the property can be made. In this case, the donor has the option to continue living in the property and paying costs associated with residence until
the time of passing. A tax receipt for the fair market value of the property is provided for the committed gift while the donor is still living. Other personal property of value, such as art or jewellery, may be donated for a tax receipt evaluated at the fair market price. For items valued over $1,000.00, an appraisal is required for the issuance of a tax receipt.

Monthly Credit Card Giving Plan
Electronic banking has made giving easier and more convenient than ever before. With this option, a pre-authorized gift can be donated to Youville Centre through pre-authorized credit payment (by your credit card provider). This plan is ideal for individuals who wish to make a regular, smaller contribution and be a part of the important work of Youville Centre. Unfortunately at this time Youville Centre cannot accept direct donations from your bank account; for this process we use an intermediary, CanadaHelps.org.

About On-Line Giving with Youville Centre
At Youville our donors have the opportunity to give monthly through an intermediary known as
CanadaHelps.org.
If you are interested in this option please visit their website at: http://www.canadahelps.org/ and enter Youville Centre as your charity of choice.