Posts by Anne Beifuss
When giving requires sacrifice
Making money comes easily to Abundance Canada client Bob*. As a man of faith, he recognizes that with this canny ability comes the responsibility to manage his finances well. And part of that management involves giving generously to charity. Early in his life, Bob carefully examined his finances to determine how much his family needed…
Read MoreSuccession Planning with a Twist
“I wish I had known about Abundance Canada before I set up my private foundation.” This is a phrase we often hear when a client transfers their private foundation to an Abundance Canada donor-advised fund. Inspired to share their wealth and wanting to create a lasting legacy of generosity, many people establish private foundations, only…
Read MoreConsider a Long-Term Distribution Plan for Significant Donations to Charity
Finding yourself in the situation where you can make a significant donation to charity is exciting but can be difficult as not all charities are able to accept large gifts all at once; that is why we suggest a long-term distribution strategy for your gift. Often, the intention behind these types of donations is to…
Read MoreWho Will Benefit Most from Your Will: The CRA or Charity?
Canadians are one of the most generous people in the world. Donating our time and money to help others is part of who we are as a society. Compared to the regular donations you make throughout your lifetime, the decision to give a one-time gift to charity in your will can sometimes be fraught with…
Read MoreGenerosity and Wise Financial Stewardship
A Surprising Discovery Alice* stood in the doorway of the farmhouse she and her husband Henry had occupied for over 40 years. Cleaning out the clutter accumulated over decades of ownership was a daunting task. However, with Henry’s passing, she had decided to move. Now, imagine her surprise when, amongst the possessions and papers, she…
Read MoreThe Perfect Gift
I am not good at buying gifts. Whether for birthdays, Christmas, or other events, I don’t seem to have that special knack for getting people just the right thing. I used to wander from store to store or sit at the computer shopping online hoping the right gift would show itself. But that rarely happened.…
Read MoreUsing Your Generosity Plan™ for Tax Efficient Giving
The recent surge in real estate prices has inspired many Canadians to put property on the market. For those selling a property that does not qualify for the principal residence exemption, the resulting capital gain can mean a hefty tax bill. Making a donation to charity can help offset the capital gains tax, but did…
Read MoreImpacting Generations
The Konrads have demonstrated generosity since the beginning of their relationship, a value they both hold dear and learned from their parents. “When we got married, we knew that it didn’t take big money to make an impact,” Robert says, “We could have an impact just by giving our time and giving what we could.”…
Read More‘Friend of CAGP’ Award, 2021
The Canadian Association of Gift Planners (CAGP) recognized Abundance Canada CEO, Darren Pries-Klassen, with the ‘Friend of CAGP’ Award at their AGM held online May 20, 2021. Since 1993, only 50 people have received this award. The award is given to those who demonstrate a high regard for the profession, operate in an exemplary and…
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