Posts by James Burden
Donating Bonds: An Efficient Solution in Crisis
Donating bonds is a great option to explore when stock markets drop, and interest rates start to fall. Individuals and corporations that donate publicly traded securities in-kind avoid paying the capital gains tax. Publicly traded securities are stocks, bonds, mutual funds and ETFs (Exchange Traded Funds) listed on a designated stock exchange. With the decline…
Read MoreSimple Giving Near and Far
Closing the Distance: Gratitude, Joy, and Generosity during COVID-19 Simple Giving Near and Far Part Three in Series Read Part One and Part Two here to see how gratitude and generosity can help you cope in even the darkest of times. Generosity in Self-Isolation Abundance Canada clients Walter and Rose* usually spend their retirement travelling…
Read MoreGenerosity in a Time of Social Distancing
Closing the Distance: Gratitude, Joy, and Generosity during COVID-19 Generosity in a Time of Social Distancing Part Two in Series In Part One, Abundance Canada client Patty Ollie’s story of how keeping a gratitude journal inspired hope in times of adversity. Across the country, churches have stopped meeting, school has been cancelled, and non-essential businesses…
Read MoreGratitude in Hard Times
Closing the Distance: Gratitude, Joy, and Generosity during COVID-19 Gratitude in Hard Times (Part One in Series) The global pandemic has affected everything about our daily lives: the economy, work and school routines, leisure activities, and even toilet paper supplies. It’s easy to give in to fear and sadness when we’re inundated with daily news…
Read MoreGenerosity Lives On (Part Two)
In Part One of this blog series, we looked at the advantages of giving to charity in your will. Part Two explores how one couple’s carefully planned legacy of giving is teaching a new generation to be generous. Throughout their 53 years together, Mike and Carol Dempsey* nurtured strong family ties with their children and…
Read MoreGenerosity Lives On (Part One)
Warren Buffet once said, “If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.” Hearing this from a billionaire philanthropist may prompt comparisons that make it difficult to think of ourselves as the ‘luckiest’, but an annual net income of $41,800 CAD is…
Read MoreMinimizing Taxes, Maximizing Generosity
Ralph lost his wife to cancer. When he stopped into our office with a cheque to top up his Gifting Fund™, he was still working through the tangle of emotions and practical tasks such life events bring. I invited him into my office to have a coffee and catch up. As Ralph and I chatted,…
Read MoreA Generous Community
I have been lucky to be a part of several generous communities throughout my life, and they each practiced generosity in their own way. I’m not sure if it’s because of or despite their varying motivations and expressions, but the modelling I experienced in each taught me something new about the importance of giving. Reciprocal…
Read MoreGenerosity in Tax Season? (Part Two)
Link to Part One Like most Canadian taxpayers, Joanne and John Nelson* knew that charitable receipts generated tax credits that helped offset their income tax payable. That wasn’t why they donated to their favourite charities, but they appreciated the benefit, as it often allowed them to be a little more generous with their donations. The…
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