Posts by Barbara Chambers
The Right Tool for the Job
Fred and Marcie worked hard to balance family, careers, and a variety of commitments in their community. Life was busy, but they had finally made it to that phase people often call “comfortable”. They used this little bump in financial freedom to increase support for their church, as well as giving to a number of…
Read MoreFrom Life Insurance to Philanthropic Legacy
Imagine giving a large gift to charity. Are you picturing a secret, anonymous donation? A large novelty cheque and a photo opportunity? Of all the scenarios you might have imagined, I bet life insurance didn’t even cross your mind. However, a gift of life insurance can be a convenient, practical, and effective way to provide…
Read MoreNo Fear – Just Philanthropy
Aliesha* is the sole shareholder of a holding company with an investment portfolio of publicly traded securities. She believes strongly in corporate social responsibility and every year her holding company gives cash donations to a variety of different charities. When her accountant suggested donating publicly traded securities instead of cash, Aliesha feared it would be too…
Read MoreIncrease Your Social Impact with Values Driven Generosity
Unlike some financial decisions, giving to charity has always been deeply rooted in personal values. You support organizations that impact the people and places you care about, from wildlife protection to education to international relief and many causes in between. With more than 86,000 registered charities in Canada, generous people have a lot of opportunity…
Read MoreMore Than Just Giving Back
People are passionate fans of a lot of different things, from hobbies to hockey to Sci-Fi. However, being passionate about a cause often brings to mind images of shouting into a bullhorn or holding a sign at a protest. But that’s not the case. Mary* is one of the most dedicated “fans” I know, quietly…
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…
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