Ways to Donate to the Endowment

Gifts of Publicly Traded  Securities & Mutual Funds
By donating stocks or mutual funds, either during or after your lifetime, you can easily contribute to the BNS. You or your estate will receive a tax receipt for full fair market value of the donated securities and are taxed on none of the capital gain.

Legacy Giving & Bequests
Legacy gift planning is a way to thoughtfully bequeath a portion of your estate to a charity of your choice. By deciding now and including the Blomidon Naturalists Society in your will, you can have a significant positive impact on our future. Your will is a legally binding document and, as with any legal work, we recommend that you seek independent legal counsel before creating a will or making any changes to an existing will. We also recommend that you seek advise from a financial planner or accountant to discuss any implication that may arise from your decisions.

Any gift can be left in a will, including money, securities, real estate or personal property. You can specify a dollar amount, a proportion of an estate, or the residue of the assets left after your heirs have been provided for and expenses paid. Donation receipts are issued by the BNS to the estate for the value of the gift. This type of donation can substantially reduce taxes paid by your estate. If you have chosen to include the BNS in your will, please let us know. We wish to honour your donation with a thank-you, and keep you informed of the work that we are doing.

Gifts of RRSPs or RRIF’s
You can name the BNS as the beneficiary of your RRSP or RRIF. Since RRSP’s are one of the most heavily taxed estate assets, this can substantially reduce your estate’s taxes and help protect nature. This type of designation cannot be contested by the estate. The donor’s estate will receive a tax receipt to be applied against tax on the distribution of retirement funds.

Gifts of Life Insurance
Naming the BNS as the registered beneficiary of an existing policy is an excellent way to donate.  Upon death, the insurance company will pay the death proceeds directly to the charity. The BNS will issue a tax receipt to the donor’s estate for the policy proceeds.

We encourage you to consult with your legal and financial advisors to discuss what is best for you. We cannot act as your advisor or offer professional advice, but we would be pleased to work with your independent advisors to help you in making your decision. If you have chosen to include the BNS in your will, please let us know. We wish to honour your donation with a thank-you, and keep you informed of the work that we are doing.