The DreamMaker’s Club
People choose to make charitable gifts for many reasons, to support the work they believe is valuable. Giving can also provide a large tax relief and other benefits to the donor. You receive a 50 cent tax credit for every dollar (over the first $200) donated to a registered charity. For example, if you donate $10,000 cash to a charity, you are creating a $5,000 tax credit, effectively reducing the after-tax cost of the gift to only $5,000.
Gifts to endowment funds are not spent; they are invested forever and income is used to fund programs every year. Less than 1% is used for administration for the fund.
Families may prefer to have a fund in a name of their choice as part of the PLAN Edmonton Endowment Fund.
Donations to the PLAN Edmonton Endowment Fund can be in any amound and can be made at any time in the form of cash, securities, life insurance or a gift through a will.
Anyone contribution to the PLAN Edmonton Endowment Fund becomes a DreamMaker, and will receive the benefits of belonging to the PLAN Edmonton DreamMakers Club.
For details call PLAN Edmonton at 780-488-2422 or the Edmonton Community Foundation at 780-426-0015.
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Plan E Newsletter© 2012 PLAN Institute
