If you believe as we do, that access to a multitude of high quality health care services is vital to the health of our community, we invite you to make your own impact with a gift to Crowsnest Pass Health Foundation. Here are some options to consider:
Endowments: An endowment is a gift designated by the donor to be held in perpetuity. The Foundation securely invests the principle amount and spends the interest on priority needs each year, providing a predictable source of additional income annually. Crowsnest Pass Health Foundation currently holds approximately $160,000 in endowments.
Life Insurance: This option allows you to make a significant donation from relatively small contributions. By naming a charity as owner and beneficiary of the policy, your premiums qualify for charitable tax receipts. An existing policy that is no longer needed can also be donated by transferring ownership to the charity and naming the charity as beneficiary. You would then receive a tax receipt for the cash value of the policy.
Charitable Remainder Trust: In this scenario, the donor transfers a piece of property to a trustee who holds and manages it on their behalf. If the property produces income, the donor can receive that net income or designate it to a beneficiary. The trust remainder is given to the Foundation either at the end of a specified period, or when the donor dies. The formal trust agreement spells out how the property is to be used to benefit the Foundation. A donor can also make a gift without surrendering capital. Interest income or dividends from securities can be donated to a Foundation and a tax receipt may be issued. The donor would bring the interest or dividends into income, receive any eligible dividend credit and use the charitable receipt to reduce taxes owing.
Memorial Donations: This type of donation is made in memory of a loved one or in recognition of a special occasion. You will receive a charitable tax receipt for the value of your donation.
Designated donations for specific equipment needs (e.g. pain pump, palliative furnishings) as well as Undesignated donations.
When considering these options, Crowsnest Pass Health Foundation encourages you to consult your personal legal or financial advisor to build a plan that helps you achieve your desired impact on the health of our community.
You may also choose to Donate Now