Planned Giving
Whether supported through a general gift or planned gift, all Kidney Foundation programs are made possible through the generosity and commitment of people like you. A planned gift to The Kidney Foundation helps to ensure essential services and programs are provided well into the future.
Planned Giving allows donors to build a charitable gift into their overall financial, tax and estate planning. By doing so, it is possible to maximize the financial planning benefits the individual receives, while at the same time contributing to the Foundation's efforts to improve the lives of people living with kidney disease.
in Many cases, it can be useful to contact tax or legal advisors prior to making a planned gift.
Your Planned Giving contribution can be accomplished in many number of ways, including:
Outright Gift
Although most outright gifts are made in cash, anything of value may be gifted to The Kidney Foundation, including GICs, mutual funds, treasury bills or even property.
Endowment Fund
A gift to The Kidney Foundation's Endowment Fund may be made in one lump sum or in payments over a five-year period. Endowment funds provide an ongoing, stable source of income for the Foundation. The initial balance and any additional contributions provide principal, which grows through the use of appropriate investment strategies.
Charitable Bequest
The easiest way to leave a legacy is by designating The Kidney Foundation of Canada as a beneficiary in your will. A Bequest to the Foundation may be designated in a number of ways:
- A Specific Bequest is a specific gift, usually of cash but sometimes of real estate or securities
- A Potential Bequest is a gift that takes effect only if the principal beneficiary does not survive the donor
- A Universal Bequest comprises the total estate
- A Residual Bequest gives the Foundation any portion of the estate that remains after specific bequests, debts and taxes are paid
Life Insurance
To make a future gift without diminishing your estate. It's possible to designate The Kidney Foundation of Canada as the owner and beneficiary of a paid up, current, or new life insurance policy. By naming The Kidney Foundation of Canada as the owner and irrevocable beneficiary of a life insurance policy, the cash surrender value is considered to be a charitable donation, making your gift much larger then the cost of any premiums.
Charitable Gift Annuity
Annuities give both the gift of hope to people affected by kidney disease and guaranteed, regular, equal payments to you for the rest of your life - all 100 percent tax free. Part of your gift will be used to finance the annuity income, while the remaining portion will support ongoing Foundation initiatives.
Charitable Remainder Trust
If the idea of gifting property of substantial value while retaining the benefit of the income it generates appeals to you, a Charitable Remainder Trust may be the best Planned Giving option for you. Funded with cash, securities, or real estate, you create a trust by making an irrevocable gift of the remainder interest to the Foundation. In the end, your principal in the trust becomes your gift to help improve the lives of those effected by kidney disease.
For more information on Planned Gifts and how to make them, contact Andrea McLellan, Senior Development Officer, Major Gifts at 403-255-6108 ext. 28 or toll free at 1-800-268-1177, ext. 28
Legal Name and Charitable Business Number
Our legal name is The Kidney Foundation of Canada Southern Alberta Branch and our charitable number is 10756 7398 RR0001. Please use this name and number when preparing your will or other legacy gift document to eliminate any confusion about who your executor should deal with when distributing your gift.
Professional Advice
The various gifts described are intended to give you an overview of your legacy giving options. To plan a gift that is tailored to your individual needs and financial situation, we recommend you speak with a professional advisor. Our staff will work with you and your advisor on matters such as selecting specific will wording for your gift.