DONATE

Planned Giving

Planned Giving

  • Life Insurance
    How to Use Life Insurance to Give to AdaptAbilities

    There are advantages to naming AdaptAbilities as a policy beneficiary or owner of a policy meanwhile providing a financial advantage to what you leave behind for your heirs.

    Why gift life insurance?

    • Affordable payments through your lifetime can be converted to a large gift
    • Maximize tax credits your estate
    • Receive a charitable tax receipt for premium payments.”

     

     

     

  • Bequests (Gifts in a Will)

    Gifts in a will, also known as a bequest, is one of the most significant and flexible ways to support AdaptAbilities. Bequeaths can include cash, securities, property or even a percentage of your estate. This can provide substantial ongoing support for our programs.

    Please let us know if you have chosen to include Alberta AdaptAbilities Association in your will as we would like to ensure that we understand and implement your gift intentions to its fullest extent as well as to thank you for your support.

    Benefits of Leaving a Gift in Your Will:

    • A bequest costs nothing now and can reduce the amount of taxes owed by your estate.
    • You may change your will at any time if your circumstances change.
    • Retain control and use of your assets during your lifetime.
    • Receive a donation receipt for use against 100% of your net income in the year of passing and in the preceding year.
    • With recent tax changes, your estate may now also claim tax credits in subsequent years.

    Two Main Kinds of Bequests You May Wish to Leave:

    • Specific bequest: you may set aside a specific dollar amount or property. For example real estate or securities.
    • Residual bequest: you may set aside all or a portion of your estate to Alberta AdaptAbilities Association after all debts, taxes, expenses, and gifts to loved ones have been paid.

    Sample Will Wording:

    “I direct my trustees to deliver, pay, or transfer $_____________ or ________ % of my residual estate or to donate ____________________ (name of asset)  to Alberta AdaptAbilities Association (Canadian charitable registration number 848903944RR0001). This gift is to be used for such purposes and designs as deemed appropriate by Alberta AdaptAbilities Association.”

    Alberta AdaptAbilities Association
    10130 – 82 Avenue NW
    Edmonton, AB T6E 1Z4

    Contact:
    Rich Horning, Director of Development
    rich.horning@adaptabilities.ca
    587-952-7058

  • Gifts of Securities

    Gifts of securities allow you to directly transfer funds to AdaptAbilities while being able to take advantage of major tax benefits. This can be done through shares, stocks, bonds or mutual funds.

    To complete this process, please click HERE

    You will receive a charitable tax receipt for the full market value of the gift of publicly traded securities without being taxed on the capital gains (i.e. “full amount of the capital gain is eligible for the inclusion rate of zero”).

    Questions? Contact Rich Horning, Director of Development, at rich.horning@adaptabilities.ca or 587-952-7058.

  • AdaptAbilities Endowment

    AdaptAbilities has an Endowment Fund at the Edmonton Community Foundation.

    If you would like to contribute to this fund, the annual proceeds from which will provide ongoing funding to AdaptAbilities, please contact Rich Horning, Director of Development, 587-952-7058 or rich.horning@adaptabilities.ca