What is Planned Giving?
Planned giving is simply looking into the future and saying, "I would like to do something of significance for an organization or an individual, after my passing."
Giving larger-sized gifts to a charity or other non-profit organization, is collectively known as Planned Giving. Planned gifts can be thought of as deferred gifts, or gifts given in the future. These gifts often stem from a desire to make a significant impact to a cause that you have faithfully supported. The most common type of Planned Gift we work with our donors on is a bequest made in their will for Union Gospel Mission. Also, naming Union Gospel Mission as beneficiary in your RRSP, RRIF, trust, or life insurance policy is another wonderful way to leave a Planned Gift.
UGM has established a Planned Giving Program with an advisory council of professionals, who work with staff to create a structure that allows its donors to maximize tax savings and estate planning benefits, while providing significant long-term financial benefits to the Mission. There are many effective strategies to help you minimize personal or corporate taxes, while giving vital support to a cause you believe in. We can discuss whether the setting up of a gift annuity, charitable remainder trust, or gifting of property which has a large capital gain associated with it is good for your financial situation.
To find out more about Planned Giving options at Union Gospel Mission, please contact Carey Bornn, Principal and Planned Gifts, at 604.215.5441 ext 328 or cbornn@ugm.ca.