Leave a Legacy of Life-Long Friendships
Incorporating Big Brothers into your legacy plan is a lasting statement of your generosity and kindness – that you believe in a future where children and youth are empowered to achieve their full potential.
A gift through planned giving is not only a reflection of your values and philanthropy but helps create a legacy of life-long friendships for generations to come. Every dollar you invest in children through Big Brothers generates $18 in hard dollar returns to society, which can lead to major societal benefits such as a rise in literacy, a reduction of crime, and stronger communities.
Your legacy gift is tax-deductible, reducing the taxes payable on your estate’s final tax return.
Ways to Give
Wills and Bequests
A bequest is a gift left in a Will to a charitable organization.
There are several types of bequests you can appoint to Big Brothers:
- Specific bequest: a gift of a fixed amount of cash or a particular asset
- Percentage share: a gift of a percentage of the whole estate
- Contingent bequest: a gift that will take effect only in the event of the prior death of other named beneficiaries
Our legal name, and the proper beneficiary for your gift :
Legal name: Big Brothers of Greater Vancouver
Charitable Registration Number (CRN): 106793722RR0001
Address: 102 – 1193 Kingsway, Vancouver, BC, V5V 3C9
We are happy to work with you, your family, and your advisors on a confidential basis to ensure all your objectives are met based on your personal priorities.
Life Insurance
Giving a legacy gift through life insurance, whether fully paid or with premiums still owing, is a meaningful way to support children in your community. It allows you to make a substantial gift for a relatively low premium, which is independent of your estate.
Real Estate
You can donate personal properties as a direct gift or a gift of residual interest. We will work with you to develop the best plan for your gift. You may even choose to gift your property now and continue to live in it during your lifetime.
RRSPs, RRIFs, TFSAs, and Retirement Plans
You can transform tax liabilities into a charitable gift by naming Big Brothers of Greater Vancouver as the beneficiary of your RRSP, RRIF, TFSA, or pension plan.
Ready to Give?
A legacy gift is an expression of the values you hold dear. By supporting Big Brothers of Greater Vancouver, you will be supporting future generations of children and youth to reach their full potential. We will do everything we can to assist you and your advisor in creating a gift to ensure every child who wants a mentor gets one.
To speak to us personally and confidentially about legacy giving, please contact:
Luke Coad. Development Officer
604.876.2447 x306 | lcoad@bbgvf.com
An Investment for the Future
Couple your investment portfolio with your charitable giving. If you have any reasonably appreciated publicly listed securities residing outside of an RSP, donating those assets can bring terrific additional tax savings. All such gifts will result in the elimination of the tax on capital gain. Plus, you still receive a charitable receipt for the full value of the stock.
These two forms of tax savings can reduce the cost of a gift substantially. Please contact us if you would like a more specific illustration of how this works.
Options include:
- Public Stock
- Bonds
- Mutual Funds
It’s easy and efficient. Big Brothers will even provide a step by step guide.