Financial options for gifts to CMIC
Consider the future…
…of your own financial security and the future of missions and missionaries in Canada. With all of our options for planned giving, from bequests to publicly traded securities to life insurance, we are happy to partner with you in order to make a positive impact on your financial planning and our fundraising efforts.
Extraordinary gifts from everyday people. Most of us make charitable donations during our lifetimes from our disposable income, but with bequests you can use your assets in your charitable giving.
Charitable Gift Annuities
With a gift annuity, you can receive a guaranteed income for life and keep our missions alive. You receive a one-time charitable tax receipt for your investment, and the income earned from interest is partially (sometimes totally) tax free.
An endowment can be created during your life, or at death through a gift in your will. The principal of the gift stays invested while the interest earned is used to assist missionaries in Canada.
Publicly Traded Securities
Donate appreciated stocks, bonds, or mutual funds and take advantage of tax benefits by paying no tax on your capital gains.
Retirement funds, and other funds like your registered tax-free savings account are high value assets. If you name Catholic Missions In Canada as the beneficiary, these assets can be excluded from probate. In addition the donation receipt can be applied against tax on the distribution of retirement funds.