Prince George Hospice Society

Planned Giving

The Prince George Hospice Society Planned Giving Program exists to encourage you to plan your charitable gifts to provide the greatest benefits for you, your family and the Prince George Hospice Society.

Because the Prince George Hospice Society is a registered charitable organization, your gift will qualify for a receipt for income tax purposes.

Once you have decided to contribute, we want your method of giving to be the most advantageous for you.

Because tax laws favour charitable giving by providing substantial tax savings, the way that you decide to give will affect the benefits for both of us.

We recognize that people have different financial needs and concerns, so we want you to be aware of the many ways to support our programs financially through “Planned Giving”.

Will Bequests

Your will provides you with the opportunity to make a major gift to your community hospice and still meet the current financial needs of your family.

If your death will trigger a tax liability for any reason or specific reasons such as deemed disposition of capital property, the maturing of an RRSP or RRIF, a bequest to a registered charity will reduce the liability.

On your death, unless there is a spouse, these possessions are considered to be sold and therefore create a capital gain which is taxable.

Life Insurance

A donor can name the Prince George Hospice Society as the owner of a new policy. While you are paying the premiums, you receive an income tax deductible receipt annually for the total amount of the premiums. An alternate is to make the Society the owner of an existing policy allowing you an immediate tax benefit.

Gifts of Property

A donation of property including securities and works of art provides a gift receipt for fair market value and possible avoidance of tax on capital gain.

Make a Donation

The revenue that we receive from donations is vital to our ability to operate our programs and services. You may want to consider making a donation in memory of a loved one.

Donations to the Prince George Hospice Society are tax deductible and receipts are issued upon request. We accept cash, cheques, Visa, MasterCard, Interac and pre-authorized withdrawals. Simply stop by our offices and inquire.  You can also use our on-line donation form for your convenience.

Other ways to donate include making a pledge to our Annual Giving Program or by contributing to our Endowment Fund through the Prince George Community Foundation.  Transactions using Visa and MasterCard can easily be accepted over the phone.

We request “In-Kind” donations, for goods or services.  Tax receipts are issued in accordance with Revenue Canada guidelines.

We welcome the opportunity to work with corporations and service groups within our community.  If you would like to partner with the Prince George Hospice Society, please contact us.

10 Ways to Start Giving

1. Prepare a will. Without one you will lose control over your property at death.
2. Leave a gift in your will for the Prince George Hospice Society.
3. Leave a specific dollar amount or a percentage of the assets in your will to the Prince George Hospice Society.
4. Consider using assets as your gift such as stocks, term deposits, real estate, vehicles, art, and jewellery.
5. Name the Hospice Society as the owner of an existing or paid up life insurance policy.
6. Purchase a new life insurance policy naming the Hospice Society as the owner.
7. Name the Hospice Society as the beneficiary of your RRSP or RRIF.
8. Remember loved ones with a memorial gift, and consider making it annually on their anniversary or birthday.
9. Encourage family and friends to leave gifts to the Prince George Hospice Society in their wills.
10. Ask your financial or estate planning advisor to include charitable giving as part of their counsel to clients.

If you would like to contribute in any of the above ways, please Call (250) 563-2551.