One of our greatest aspirations in life is to leave a mark – to make a difference. No doubt there are issues that face our community that you feel passionate about… leadership development, health and education issues, housing and childcare. Through your care and commitment, you can help ensure that Calgary Meals on Wheels has a secure future and that the programs continue to address the most urgent needs in our community. Through the Calgary Meals on Wheels’ Angels on Wheels Club, you will be a community builder and your contribution will be respected and recognized for years to come.
With great pleasure we invite our friends and supporters to become members of the Calgary Meals on Wheels Angels on Wheels Club.
The Angels on Wheels Club recognizes and honors those who have included Calgary Meals on Wheels in their estate plans with a future gift through a bequest, life insurance, or trust arrangement; or have made an outright gift to the Calgary Meals on Wheels Endowment Fund.
The Angels on Wheels Club is a special group of friends who believe in the vision of Calgary Meals on Wheels. They want to ensure a caring community working together to enhance health and wellness.
Gifts to endowment funds are not spent. They are invested in perpetuity, and only a portion of the investment income is used to fund Calgary Meals on Wheels programs each year.
Bequests
A family can bequeath to Calgary Meals on Wheels specific personal property or real estate, a specified sum of money or a percentage of estate assets. This can be for a designated purpose or up to the discretion of the organization. We have sample “will clauses” available on request.
Retirement Funds
Retirement funds may be the most significant asset for many families. Individuals enrolled in an RRSP or RRIF can make a charitable gift of all or any portion of funds remaining at death.
Life Insurance
A relatively small financial commitment can translate into a significant gift. A donor transfers ownership of an existing policy and makes Calgary Meals on Wheels the owner and irrevocable beneficiary. You receive a donation receipt for the cash surrender value of the policy or the annual premiums paid on the policy. A donor may include all or a percentage gift in a new or existing life policy to Calgary Meals on Wheels and upon death, all proceeds pass directly to Calgary Meals on Wheels.
Direct Gifts of Cash
A gift of cash or publicly traded securities can be given to the Endowment Fund and you will receive an income tax receipt for your donation. Where a gift of securities listed on a prescribed stock exchange is made, the inclusion rate of the capital gain is zero rather than the normal 50%. This reduces potential tax liability by reducing the amount that must be included in income and the full, fair market value of the gift is still claimable for tax purposes, subject to the general rules relating the maximum annual claims.
Gifts that Give Back
There are some gifts that provide a lifetime of income and a future gift to Calgary Meals on Wheels. These annuity type gifts are irrevocable and provide immediate tax benefits. We are happy to share more about these types of gifts and see if they fit your situation.
Personal Benefits
Donors benefit from planned giving by becoming eligible for tax and estate planning advantages. Donors also benefit from knowing their gift will ensure the continued presence of Meals on Wheels in our community, helping to build a better tomorrow for our children and families. Specialists are available to explain more fully each of these gift plans, and to assist you in meeting your financial needs and desires.
Print this endowment brochure
For More information contact
Kathryn Robson,
Communications & Development Manager
Calgary Meals on Wheels
3610 Macleod Tr SE Calgary, AB T2G 2P9
403-243-2844 krobson@MealsOnWheels.com