Immediate or Planned Giving
Has life treated you well? And you'd like to have a charity benefit from your good fortune by making a donation to it?
Immediate donations and those made through payroll deductions are the most popular ways to make donations.
The donation you make every year to a charitable organization can be more beneficial to such an organization if you choose to take out a life insurance and designate the organization as the beneficiary of your policy.
You can also consider planned giving by purchasing a charitable gift annuity or other investment, and this without affecting the quality of your life.
This section describes the advantages and ways of making donations by purchasing an annuity or a life insurance policy.
Useful Link
Information to Donors - Canada Revenue Agency
