There are many tax benefits to effective giving and, as an advisor, you are uniquely positioned to advise clients on how to optimize their charitable giving to complement their financial goals. We invite you to explore our resources:
Three Approaches to Giving– Provides an overview of: 1) creating a donor-advised fund 2) setting up a commercial donor-advised fund 3) establishing a private foundation.
Professional Advisors eResource– Prepared by our national partner, Community Foundations of Canada, professional advisors will find here the tools and resources they need to talk about charitable giving with their clients.
Glenn Stewardson, a nationally recognized financial educator and certified financial planner (CFP), speaks to the benefits of giving back to your community through the Community Foundation of Nova Scotia.
Four Types of Gifts
A gift of appreciated securities is one of the most tax effective ways to give as they are exempt from capital gains tax. Eligible securities include publicly listed stocks, bonds, mutual fund units or exchange traded funds on approved stock exchanges in Canada and internationally.
Including a charitable bequest in your will is a simple way to make a lasting gift to your community. When you make this gift through a community foundation, we establish a fund that becomes your personal legacy of giving.
Making a charitable gift of real estate to a community foundation can help turn a valuable asset into community good. Charitable gifts of real estate range from personal residences, vacation homes, rental properties, farmland, ecologically sensitive and commercially developed land.