Include the CCFC in Your Will or Life Insurance Policy

Adding a bequest to the CCFC in your will after your loved ones have been considered is a thoughtful way to help. Similarly, you can name the CCFC as a beneficiary in your life insurance policy. Either way, your planned gift will help us ensure that our ability to support vital medical research will continue in the future, and that one day a cure for inflammatory bowel disease will be found.

New income-tax laws benefit donors! Click here for more.

What is a Planned Gift?
A planned gift is a gift that requires advance planning such as leaving a gift to the CCFC in your will. Because planned gifts don’t always involve making donations in the present they allow you to give a significant donation to the CCFC, while at the same time maintaining your current financial plans.

Traditionally planned gifts are bequests left in wills. There are many different types of planned gifts including gifts of stocks, bonds, mutual funds, and gifts of life insurance. With the help of your lawyer, accountant, or financial advisor, these special gifts can be structured to suit your needs and maximize your tax benefits. Click here for some sample will clauses.

Gift Options

Including The CCFC In Your Will
Leaving a gift to the CCFC in your will is easy to arrange and inexpensive to plan. It is the most common type of planned gift that the CCFC receives. You can place a simple clause in your will instructing your executor to give a portion of your assets to the CCFC. We would be pleased to provide you with sample clauses to assist you and your lawyer.

Including The CCFC In Your Insurance Policy
Similar to leaving the CCFC a gift in your will, you can make a planned gift by including the CCFC as one of the beneficiaries of the proceeds from your insurance policy with the help of your insurance company.

Gift of a Life Insurance Policy
By naming the CCFC as owner and beneficiary of a life insurance policy, you can ensure that modest, periodic donations add up to a large gift for IBD research. Because CCFC becomes owner of the policy - you can receive tax receipts for your premium payments (since in effect you are paying these on behalf of CCFC).

Gifts of Securities
You can also make gifts of stocks, bonds, or mutual funds. Because of current Canadian tax laws, your gifts of securities to the CCFC can reduce your capital gains taxes.

New income-tax laws benefit donors The 2006 Budget proposed by the federal government includes a very significant advantage to donors of stock.  Donors of listed, publicly traded securities to a registered charity such as CCFC are no longer subject to any tax on the capital gains from disposition.  Now donors not only receive a tax credit for the donation, but they will also be able to save the tax that was previously owed on the capital gains from stock donations at the 25% inclusion rate, or the tax owed on the capital gains from stock sales at the 50% inclusion rate.  This change gives donors a great opportunity for tax savings.  For more information, please contact us at info@ccfc.ca.

For more information on including the CCFC in your will or life insurance policy please contact us at info@ccfc.ca or (416) 920-5035 ext. 225 (Toll Free 1-800-387-1479).