There are many different ways to contribute to a charity. The Prince George Community Foundation accepts the following gifts, cash, appreciated securities, insurance policies, bequests and other assets.

Cash

Cash gifts are an easy way to make an impact in your community and allow you to give at any time.

Securities

Securities, both publicly traded and closely held, can be used to set up a fund. Giving eligible appreciated stocks, mutual funds or employee options through a community foundation is popular among a range of givers – individual investors, families, entrepreneurs, and even groups of friends who have formed investment clubs. By giving stock through your community foundation, you can avoid capital gains taxes that would be due as a result of the sale of the stock and establish a charitable fund that benefits the local causes and organizations you care about most.

Real and Personal Property

A gift of real estate releases potential that has been tied up for years, enables you to make a bigger charitable difference than you may have thought possible, helps you avoid estate taxes, and minimizes or eliminates burden placed on your heirs. Charitable gifts of real estate range from personal residences and vacation homes to rental properties, farmland, and commercially developed land.

IRA/Retirement Fund Assets

Retirement assets are most often used as testamentary gifts, creating charitable funds as part of an overall estate plan. If you are enrolled in an RRSP or have already converted your RRSP to a RRIF, you can name the Prince George Community Foundation beneficiary of all or a portion of any retirement funds remaining at death. The Foundation may be named as the beneficiary directly on retirement plan documents or similarly named in the Will as such.

Life Insurance

Giving life insurance through your community foundation is one of the simplest ways to make a significant contribution to your community and establish your legacy of giving. You can make a gift when life insurance is no longer needed for personal financial wealth replacement. You may receive a number of tax benefits including reduced income taxes and estate taxes. And, if you choose to continue paying premiums through your community foundation, you will be entitled to tax credits.

Bequest

You can designate a gift or portion of your estate to your community foundation and, in some cases, receive a substantial reduction in federal gift and estate taxes.