Click Here to download a PDF presentation of "Smart Planning = Wise Giving"

You can also Click Here to listen to Malcolm D. Burrows speaking on this topic or use the media player below.










Even in difficult economic times, you can still make an impactful gift to your Hospital through a planned gift.

Planned gifts do not affect your current income. Instead, these are gifts of assets that are realized after your passing.

The easiest and most common example of a planned gift is a bequest in your will. You can choose to leave a specific piece of property, a predetermined sum of money or a percentage of your estate to the Collingwood G&M Hospital (CGMH) Foundation. Click here for sample Bequest wording.

Other ways to plan a future donation include Gifts of Registered Retirement Savings Plans/Registered Retirement Income Funds, Publicly Traded Securities, Life Insurance, Charitable Gift Annuities and Charitable Remainder Trusts. Each of these types of donations offer tax advantages to your estate such as the elimination of capital gains tax or a reduction in probate fees. Talk to your financial advisor to see which option best suits your needs or click on Ask an Advisor for more information.

The CGMH Foundation recognizes that making a planned gift is extremely personal. A qualified staff member would be pleased to meet with you in confidence to answer your questions about your options, the Dr. A.R. Stephen Society recognition program and designating your gift to a particular area of need.

To find out how you can benefit your community hospital by providing a lasting legacy, contact the CGMH Foundation Office.

To read testimonials from members of the Dr. A.R. Stephen Society, click here.

How to Transfer Your Marketable Securities

Canada Revenue Agency provides tax credits for gifts to eligible charitable organizations. You can claim up to 75% of your net income in charitable donations each year, and carry forward any unused tax credit for up to five years. Use the tax credit calculator to estimate your tax credit for a gift of cash.

The tax credit calculator for individuals on this site assumes that the donor is resident in Ontario and uses this province's tax credit rates.

PLEASE NOTE: The figures used in this calculator may not be accurate. We encourage you to consult with a qualified financial advisor for the most accurate information with respect to your particular taxation situation.

Your donation of $
will provide a tax receipt of $	0
will result in a tax credit* of $	0
Net cost of the donation $	0

*Formula used:
(0.2205 x donation amount (up to $200)) + (0.4016 x (donation amount minus $200)) Federal Tax Credit: 16% on Donation Amount up to $200 then 29% on remainder Provincial Tax Credit: 6.05% on Donation Amount up to $200 then 11.16% on remainder

Because of the work we do, CGMHF has relationships with many excellent professional advisors. Several of these advisors have offered to answer questions that our donors and potential donors have about giving charitable gifts and including bequests in their wills.

If you have a question, we invite you to submit it via the form below.

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By clicking submit, I understand that the answer to my question will be general in nature and does not constitute personal financial or legal planning advice. I have been strongly advised to seek independent professional advice before taking action based on any information communicated to me by CGMHF, its employees or its volunteers.    The CGMHF and the advisor who answers the question do not assume any liability for actions taken as a result of the answer.