Planned Giving

Leaving a bequest to charity is easier than you think.

What is planned giving?

The definition of planned giving is:

Planned giving is the process of donating planned gifts. A planned gift is a contribution that is arranged in the present and allocated at a future date. Commonly donated through a will or trust.

What are the benefits of giving to charity?

Planned giving has many benefits for you and for Seniors Outreach:

  • Can help reduce taxes on your estate.
  • Does not deplete your current assets.
  • Ensures a lasting legacy after you die
  • Can be modified if circumstances change.
  • You get to decide how your money or other gift is spent.

Create a legacy by leaving charitable bequests.

Planned giving is a wonderful way to make a larger, lasting contribution to a cause you care about.

One of the major benefits of planned gifts is that they provide a promise of future funding for an organization. There are many ways to give a planned gift, but they’re generally left as a bequest in a will. They’re also occasionally given as large sums of money that a nonprofit can either invest or get an ‘income’ from for a long period of time.

We recommend that you contact your financial advisor or lawyer to start preparing your will, or to add a simple amendment to your existing will. Professional advice will also help you maximize the tax advantages of your gift.

To include a bequest to Seniors Outreach & Resource Centre, the following wording will ensure your wishes are carried out.

Options:

  • I give to the Seniors Outreach Services Society, the sum of ($ amount).
  • I give all (or a specific percentage or shares) of the residue of my estate to Seniors Outreach Services Society.
  • I give (insert a specific sum, all or a portion of the residue of my estate) to Seniors Outreach Services Society to be used for a purpose related or benefit to (insert specific purpose)

It is essential that you include the correct name and address:

Seniors Outreach Services Society

115-2065 Benvoulin Court, Kelowna, BC V1W 0A5

Charitable Registration #10796 7622 RR0001

For information or if you have any questions, please contact:

Vi Sorenson, Executive Director

250-861-6180