Planned Giving
What we have done for ourselves alone dies with us; what we have done for others and the world remains and is immortal.
—Albert Pike
What is Planned Giving?
It is a way for you to "leave a legacy" to a cause that is dear to your heart. Leaving a legacy to Covenant House Vancouver is like being a Grandparent to over 1,500 kids a year. Some people find it hard to discuss planned gifts for it means facing our mortality. But planning gives you control over your personal and financial affairs both while you are alive and after. As you provide now for the day to day needs of the kids who come to Covenant House Vancouver, planned giving gives you the opportunity to provide for the day to day needs of the kids of the future.
Once you have provided for your loved ones you have the opportunity to provide for our kids through a deferred gift to Covenant House Vancouver .
With most Planned Giving vehicles there are tax savings either in your lifetime or for your estate. It is up to you and your advisors to choose the right vehicle to fit your personal financial circumstances. We can assist you in deciding which option is best for you.
Gifts of Stock:
A donation of securities is good way of making a significant
difference and reaping some tax benefits as well. Your gift can be in the form
of shares, bonds or mutual funds.
Use our online tax credit calculator (please note that this calculator is based on Ontario tax rates which are higher than BC's) to compare the tax advantages when donating publicly
traded securities to the tax on an equivalent cash gift. Simply enter the
current value of the shares you are considering donating and the purchase price
of the shares.
You should always consult your own advisors before you make a decision.
You can either fill out this form, or print off the page and mail it to:
Christine Dowling,
Covenant House Vancouver
575 Drake Street
Vancouver BC
V6B 4K8
Disclaimer: Please note that none of the information on this site constitutes legal or accounting advice. You should always consult your own financial and legal advisors before making a decision. If you or your advisors require any further information in order to make the best decision for you please call Christine Dowling.
604-639-8934 or e-mail dowling@covenanthousebc.org.
Getting More Information
We have booklets available to help you.