Making a planned giving means offering sustained support for a cause that is dear to you. Indeed, your donation allows you to directly help people with breast cancer and future generations. Additionally, it will also provide you with attractive tax advantages.
The Quebec Breast Cancer Foundation offers several planned giving options.
You can decide to support us by writing a clause into your will that grants a donation to the Quebec Breast Cancer Foundation upon your death.
This option is simple, modifiable at any time and fiscally advantageous for your estate.
Do you own publicly traded securities, such as stocks, and wish to make a donation to the Quebec Breast Cancer Foundation?
By transferring securities to us, you support the cause while avoiding capital gains tax, and you will receive a receipt for their fair market value.
There are three available options.:
Buy a new policy made out to the Foundation.
You will receive a tax receipt for a donation of an amount equal to the policy’s cash surrender value and the premiums you paid.
Designate the Foundation as the beneficiary of an existing policy.
Upon your death, the Foundation will receive the proceeds of your life insurance policy, and your heirs will benefit from tax advantages.
Transfer your life insurance to the Foundation.
In this giving scenario, the life insurance holder transfers ownership of the policy and gets a tax receipt for a donation equal to the policy’s cash surrender value.
If you have not yet paid the full annual premium, you will continue to pay it, but will receive tax receipts for the amount of your payments.