Income from a charitable gift annuity can have tax advantages. It is an ideal choice if you are concerned about the amount of tax that you are paying on your interest-bearing investments. Annuities are high quality, guaranteed investments that provide regular payments to you and/or your spouse.
When a donation is made, The WHS receives a portion of the gift immediately and then purchases your annuity from a licensed insurance agent. The annuity is structured to pay you the agreed amount. You can choose to receive payments monthly or quarterly and by either cheque or direct deposit to your bank account.
You will receive a donation receipt from The WHS which represents the difference between the amount of your gift and the cost The WHS paid to purchase the annuity. A significant portion of the annuity payments will not be taxable income to you (the portion subject to tax will be based on your age and gender)
An annuity for the animals is a way to ensure financial security for yourself and your family while making a valuable gift to The Winnipeg Humane Society.
For more information
Email Sharon at [email protected] or call 204-982-2033