Food, Water, Health Care, and the environment are foundational to sustainable Health
"Communities and countries are only as strong as the health of their women"
Our work in support of the health of women and girls
Your gift can build healthy communities in Africa for generations to come.
Planned Giving is part of overall financial and estate planning; it can help establish your legacy and continue your commitment to eradicating poverty.
By making a planned gift through your estate or assets such as securities or RRSPs, you can establish a legacy while making a lasting impact on the lives of families in Africa.
Your gift will allow CPAR to plan for future programming, ensuring that the organization’s 30 plus years of programming continues to help families today and for generations to come. Arranging a legacy gift is easy to do and you can receive a tax credit that will ease the tax burden on your heirs.
Why choose planned giving?
It’s achievable: A bequest is a future gift that doesn’t cost you anything during your lifetime.
It’s easy: You don’t have to rewrite your existing will – you can make a simple addition called a codicil.
It’s advantageous: A gift to CPAR in your will can provide you with a tax benefit.
If you have already remembered CPAR in your will, we thank you and ask that you please let us know of this generous intention. Knowledge of your intent allows us to plan programs into the future.
Ways to give.
1 / Bequest
(Leave a gift to CPAR in your will)
There are many ways to leave a gift in your will to CPAR:
A percentage of your estate
Specific dollar amount
A share of your estate after your loved one’s needs have been met (residual bequest)
A share of your estate after your other beneficiaries have passed on (contingent request)
Gifts of real property, bonds, specific mutual funds or life insurance
We are happy to provide you with examples of wording that best expresses your wishes in your bequest to CPAR.
This handy guide will help you gather all of the information you will need and will also identify decisions you will have to make before you visit your lawyer to draft and finalize your will.
The guide is in printable format. Please call us if you wish to receive a copy of the complimentary Will Planning Guide in the mail.
If you already have a will and wish to leave a gift to CPAR, you can add the bequest through a properly drafted and executed “codicil” (a simple addendum to your will).
You can also make a gift of life insurance or retirement funds by making Canadian Physicians for Aid and Relief the “beneficiary” of your insurance policy and/or your retirement funds.
If a gift of RRSP or Life Insurance is the right approach for you, please contact your insurance provider or the company holding your retirement funds to discuss and request a “change of beneficiary” form.
2 / Retirement Funds
Name CPAR as the beneficiary of your retirement funds, such as your Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF) and your estate will receive a receipt from CPAR to offset taxes due from the distribution of your retirement funds which are among the most heavily taxed assets you own
3 / Life Insurance
There are several ways you can make a gift of life insurance to CPAR:
Transfer an existing policy to CPAR and receive a charitable tax receipt for the net cash value of the policy
Apply for a new insurance policy, with CPAR as the owner of the policy, and receive a tax receipt each year for the premiums you pay
Keep ownership of your life insurance policy and name Canadian Physicians for Aid and Relief as the beneficiary. Your estate will receive a charitable donation receipt when the proceeds of your policy are paid to CPAR
4 / Endowment Funds
An endowment fund is a gift that will support your philanthropic interests today and well into the future. Your gift, or capital, will be invested in CPAR’s long-term investment pool, earning interest. The capital remains unspent, but each year, the interest generated is used to fund the core program area(s) that means the most to you. An endowment fund can take the form of a large one-time gift to CPAR, or it can be cumulative gifts that add up to the dollar amount of the endowment fund that you commit to. You may establish an endowment fund in your name, your family’s name, or in memory of a loved one. A minimum threshold of $10,000 is required to set up an endowment fund with CPAR. If you wish, you can allow loved ones to contribute towards your legacy endowment fund in lieu of gifts on milestone occasions. It’s a wonderful way to share your culture of philanthropy and make a significant impact during your lifetime. And a charitable tax receipt will be provided by CPAR for every gift made towards your fund.
5 / Gifts of Securities
A gift of securities is a convenient and financially beneficial way for many donors to show their support for building healthy communities in Africa during their lifetime. Publicly listed securities include publicly traded stocks, bonds and mutual funds. You do not have to pay a capital gains tax when you make a donation of publicly listed securities and stocks to a registered charity such as CPAR. CPAR will issue you a tax receipt for the full value of the security you have donated.
50 per cent of a capital gain from the sale of stock is taxable. When a stock is donated to a registered charity, the full capital gain is exempt and no tax is owed. The exemption can be applied to income tax returns up to five years after the gift has been made, as with any charitable contribution.
To make a gift of securities to CPAR, contact a CPAR staff member to begin the process:
Telephone: 416-369-0865 or email: firstname.lastname@example.org
Instruct your broker to transfer the shares to the CPAR account.
You will be issued a tax receipt two to three weeks after the closing date of the sale of the shares. The value of the tax receipt will be the value of the stocks at the closing price on the day CPAR receives delivery of the security.
Please note: CPAR recommends that you consult your lawyer or professional advisor on all matters related to estate and financial planning, to ensure that your financial goals are considered, your tax situation is reviewed and that your planned gift is tailored to best fit your requirements and your wishes.
Read the complimentary Will Planning Guide to help you gather the information you will need before you seek legal counsel to prepare your will.
Thank you for considering a Planned Gift to CPAR.
Our legal name is Canadian Physicians for Aid and Relief.
Our Charitable Registration Number is 11883 5230 RR0001
Planned Gifts support CPAR’s work now and in the future