Types of Gifts

General

• An outright gift goes to work immediately
• A monthly automatic contribution through your bank or credit card can add up to a significant annual gift.
• Memorial gifts honour a cherished loved one
• An "In Honour" gift is a meaningful way to commemorate a birthday, holiday or special occasion.
• Memorial Wall: A memorial wall has been established at the Hospice Centre premises, where a plaque is displayed in celebration of a loved one's life. Plaques can be purchased for $100.00.

Planned Giving

• Bequests are designated in wills and administered by the Executor of the estate.
• Insurance - an insurance policy can be donated to Hospice or Hospice can be named as a beneficiary. An Insurance Policy can also be taken out on an individual, with the donor donating the premium and Hospice owning and named as beneficiary of policy.
• A Charitable Remainder Trust enables you to give today, generate instant tax savings and still maintain the income from the donated asset. The assets are transferred to Hospice at a specified time or upon death. Funds in a charitable trust are actually held in a trust. The income is given to the donor and the funds are transferred from Trust to Hospice upon the death of the donor.
• A gift of Residual Interest is a trust fund where the future interest of the asset that you wish to donate is given to Hospice while you retain the use of the asset for life or a specified term.
• A Charitable Gift Annuity allows you to make an immediate gift to Hospice and receive an income for life.
• A gift of Capital property can reduce capital gains tax on a gift of appreciated capital property.
• Hospice can be named as the beneficiary of your RRSP/RRIF.
• Transfer of non registered investments such as stocks. In-kind donations of publicly traded non registered investments can be an excellent form of dealing with stock or mutual funds when the Adjusted Cost Base is either unknown or when a large capital gain might be incurred.
• Cowichan Valley Hospice is a registered non-profit charitable organization and receipts will be issued for all donations
• These are just some of the possible options of giving. Please consult your financial advisor to determine the method that might work best for you or contact us at 701-4242 for more information.

Remember a loved one on our

Memorial Wall at Hospice

Call Hospice to find out more about how to have a loved one’s name put up in memory