Supporters are also encouraged to consider planned giving and in this way receive maximum tax benefits. Some of the methods for planned giving are listed below.

Endowment Fund
The Endowment Fund creates long-term, stable funding for the recipient. The fund is set up so that yearly interest is used as required, while the principal is reinvested each year to remain as a legacy of your contribution.

Bequest by a Will
Financial support can be given through wills, which are revocable and may be changed if life circumstances alter.

Life Insurance Policies
By setting up a policy, or transferring an existing one, there are immediate charitable tax benefits to the donor if Wyatt Heritage Properties Inc. is made both the beneficiary and registered owner.

Charitable Remainder Trust
A Charitable Remainder Trust (CRT) is a deferred gift in the form of an investment. The donor obtains a tax receipt when the trust is established and receives an annual income from the investment of the capital. Upon completion of a specified time frame, the capital remains with the beneficiary.

Gift in Kind
Gifts in kind include capital property, depreciable property, and personal-use property, but does not include a gift of services. The fair market value of property at the time of the donation will determine the monetary worth of the contribution.

For more information please contact:
Joanne King
Fund Development Coordinator
902-432-1326
E-mail: joanne.king@city.summerside.pe.ca