The easiest and simplest way to give, with great tax advantages. Consider including Rose of Sharon in your will. A charitable bequest directed to Rose of Sharon may be stated in your will in a variety ways: a percentage of an estate, a specific dollar amount, or as the residual of the estate.

You can consider a larger gift by naming Rose of Sharon as the owner and beneficiary of a new or existing life insurance policy. The premiums you pay qualify as a tax credit. When you transfer ownership of an existing policy to Rose of Sharon, you would receive a tax receipt for the cash surrender value of the plan. This would be separate from your estate and have no effect on your assets.

Provides you with income for life, favourable tax treatment and a current income tax receipt, with Rose of Sharon as the beneficiary. In this case, your gift of property or cash would be used to establish a trust or annuity. You receive the income from the trust or annuity, the terms of which are determined at the time it is established. You would get a tax donation receipt for the remainder. Rose of Sharon would receive whatever remains in the trust or annuity after your death.

Many people who own stock that has appreciated over the years are concerned about paying a large capital gains tax should they decide to sell. Recent changes to Canada’s tax laws have resulted in the elimination of capital gains on publicly traded securities when they are donated to a registered charity such as Rose of Sharon. You can now make a gift of listed securities to Rose of Sharon, and any capital gains on the securities donated are tax-free, but you would still get a full donation receipt. This is a great way to support the agency and do some tax planning at the same time.

This is the gifting of properties including such items as real estate, securities, artwork, jewelry or collectibles. Your item would be subject to an independent appraisal, at which time Rose of Sharon could issue a tax receipt.