LEAVE A LEGACY
LEAVE A LEGACY
Donors can help us nurture the future of healthcare in the central region of our province by planning to leave a gift to the South and Central Health Foundation in your will. Your generosity will help us ensure that when your family, friends & neighbors need medical attention in the future, the dedicated healthcare staff throughout this region will be there, ready & able to respond with state-of-the-art technology.
If you are working with a financial planner, lawyer, accountant or insurance agent, please consider leaving a gift, of any size, for regional healthcare needs once your family and other priorities have been taken care of. A professional can also tell you about the many tax benefits of planned gifts.
GIFTS OF PROPERTY
The South and Central Health Foundation has gratefully accepted a wide range of non-cash gifts, commonly referred to as in kind gifts, throughout our history. Some examples of such gifts would include:
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Real estate
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New or gently used, medical-grade healthcare equipment and comfort items (ie. wheelchairs, geriatric chairs...)
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Artwork
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Book collections
A qualified, professional appraisal is required if the value of the asset exceeds $1,000. A donor of a gift in kind may receive a tax receipt for the appraised, fair market value determined the day the donation is made.
You may consider supporting the South and Central Health Foundation with a gift of stock or securities. Eligible securities include: shares, debt obligations or rights listed on a prescribed stock exchange, a share of the capital stock of a mutual fund corporation, employee stock options or a unit of a mutual fund trust.
The value of the tax receipt that you will receive upon providing a gift of securities or stock will be based upon the market closing price on the day the South and Central Health Foundation takes legal receipt of the same into our brokerage account.
In 2006 the capital gains taxes on publicly traded securities donated to registered charities was eliminated. This new tax benefit often makes securities more attractive than cash as a donation. If you donate publicly traded securities, mutual funds, stock acquired through exercising employee stock options, or other eligible securities, an increase in their value since purchase is not taxable.
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We strongly encourage you to consult your financial and legal advisors to ensure that a securities donation fits your personal circumstances and maximizes your tax advantage.
GIFTS OF SECURITIES
For more information on how you can make a donation, or volunteer with our charity, please feel free to contact us.