Leaving a legacy with the PEI Humane Society is a valuable way to help unwanted, neglected and injured animals now, and for generations to come.
There are many sides to Legacy Giving. Your Legacy Gift will impact animals in our care in a positive and long-lasting way. Your Legacy can be used for a variety of things including equipment purchases, operational support, community outreach and education or programming tailored to making a bigger impact in the lives of companion animals on PEI.
We are more than happy to honor your wishes for your Legacy Gift. If you would like to talk to us about your wishes for your gift and hear about opportunities to help at PEIHS, contact us today.
What could your legacy look like?
- Residual gifts in your will
- Percentage gifts in your will
- Name the PEI Humane Society as a beneficiary of your RRSP or RRIF
- Name the PEI Humane Society as a beneficiary of a life insurance policy
- Invest in a Charitable Gift Annuity
- Establish a Charitable Remainder Trust
- Gifts of Appreciated Property Gifts
- Gifts of Real Estate
- Gifts of Securities
Residual & Percentage Gifts
By choosing a residual gift, you ensure that you allocate a specific amount of your estate to your family and friends and any residual funds are distributed to charities of your choice, like PEIHS.
A percentage gift allows you to specify how much of your estate will come to PEIHS without you needing to know the exact amount of funds you will have at the time.
Leaving a legal will is important and it is never too soon to prepare one. A will is a powerful document that enables you to distribute your assets exactly as you choose.
Name the PEI Humane Society as a beneficiary of your RRSP or RRIF
You are able to make charitable gifts by naming a charity as a beneficiary of an insurance policy, RRSP or RRIF.
You do not need to pass these assets through your estate when gifting them to a charity in order to be eligible to receive the tax receipt in the year of death.
Gifts of this nature are easy to arrange and can be prepared with the assistance of your bank or finanacial advisor.
Name the PEI Humane Society as a beneficiary of a life insurance policy
If you’re interested in making a significant future gift for a modest current expense, life insurance is an excellent option.
Options include giving the PEI Humane Society an old policy; designating the Society as a beneficiary of an existing policy; or taking out a new policy and designating the Society as the irrevocable owner and beneficiary.
This can be easily established with your insurance provider.
Invest in a Charitable Gift Annuity
A charitable gift annuity is a financial planning method that can maintain and even enhance your after-tax income while providing substantial financial aid to the PEI Humane Society. An annuity is very secure, guaranteeing your rate of return and thereby, the number of your annual payments, for life.
This is an excellent financial vehicle for donors who are 70 years or older and can afford to invest at least $10,000.
Establish a Charitable Remainder Trust
This type of gift is most suitable for those aged 70 plus, who are able to invest $100,000 or more in the trust.
Other ways that you can help
- Gifts of Cash: A cash donation can go immediately to helping the Island’s companion animals.
- Gifts of Appreciated Property: Gifts of certain types of securities and real estate are very popular and provide you with better tax benefits than cash gifts.
- Our Wish List: There are many products and services that the PEI Humane Society can use in both its operations and its fundraising.