Joy Gaze Legacy Circle

Life Insurance of RRSP/RIF Beneficiary

By naming Bard on the Beach Theatre Society as the beneficiary of a new or current life insurance policy, the relatively small premium payments are transformed into a significant gift of maturity. Because the proceeds do not form part of your estate, there are no probate or administration fees.

Planned Gifts

A planned gift through life insurance, annuities, or a charitable remainder trust may offer you substantial tax benefits while you are living and/or to your estate upon death.

Endowment

A gift to Bard on the Beach’s Endowment Fund will be held in trust forever. The annual interest generated will help sustain Bard on the Beach for generations to come. Bard on the Beach’s Endowment Fund is managed by the Vancouver Foundation. To make a tax deductible contribution or to transfer securities to the Endowment Fund, contact our Development Office at 604-737-0625 for more information. You can also make a donation online by visiting the Vancouver Foundation website.

Charitable Remainder Trust

You may place cash or appreciated property into a trust that will provide tax benefits for you today and a gift to Bard on the Beach when the trust matures. By transferring assets into a charitable remainder trust, you remove those assets from your estate, lessening probate fees and protecting your gift.

Charitable Gift Annuities

By giving a lump sum to Bard on the Beach, the Society receives an immediate portion of the gift and may then purchase an annuity with the balance. From this annuity you receive regular tax-free income for life, usually with a higher rate of return than GIC or Canada Saving Bonds. If the price paid for the annuity exceeds the total expected annuity payment, you will also receive a tax receipt.

Gifts of Stock

Transferring publicly traded securities to Bard on the Beach can be a tax smart way to support Bard. By donating publicly traded securities* you are not subject to capital gains tax on those securities. And, you will receive a charitable tax receipt equal to the fair market value of the securities donated.

To get started with a donation of Publicly traded securities follow these simple steps:

1. Download this Securities Transfer Form and fill it out with your financial advisor.
2. Fax this form to Bard on the Beach at 604-737-0425 and to our Broker as listed on the form.
3. Once the securities have been transferred, our broker will sell them as per our policy and notify us in writing of the closing bid value on the day the securities were sold.
4. We will issue an official tax receipt for the value of the securities.

Talk to your financial advisor or tax consultant today or contact our Development office at 604-737-0625 for more details.

*Eligible securities include shares, debt obligations or rights listed on a prescribed stock exchange, a share of the capital stock of a mutual fund corporation, a unit of a mutual fund trust, an interest in a related segregated fund trust or a prescribed debt obligation.