Fortune Bay, NL (Photo by Douglas C. Leitch)

Fortune Bay, NL (Photo by Douglas C. Leitch)

Annuities

Clark's nutcracker (Photo by Paul Turbitt)

Clark's nutcracker (Photo by Paul Turbitt)

You can support the Nature Conservancy of Canada (NCC) in a significant way with a charitable gift annuity.

Simply put, an annuity consists of two parts:

  • a gift to NCC for which you will receive a tax receipt; and
  • a guaranteed stream of virtually tax-free income for life.

This arrangement enables you to make a gift and increase your annual income.

Charitable gift annuities are especially attractive if you are a conservative investor 65 years of age or older.

They represent safe investments that offer significantly higher returns than you could receive through GICs.

How it works

A minimum of $10,000 is transferred to NCC.

The amount is divided into two parts:

  • one third is counted as an immediate donation to NCC, for which you receive a charitable tax receipt;
  • the remainder is used to purchase an annuity from a top-rated insurance company.

The annuity income is guaranteed in the form of contractual payments typically at higher rates than other conservative investments, such as GICs, because charitable gift annuities are a combination of income and capital.

Contact us

If you have any questions, please contact us by email or by phone at 1-800-465-0029 ext. 2276

Disclaimer

The information provided on these pages is general in nature and not intended to be a substitute for professional legal or financial planning advice. NCC encourages all donors who are planning a significant gift to seek independent legal and/or financial planning advice.

Supporter Spotlight

http://www.natureconservancy.ca/en/what-you-can-do/donate/Monthly_gift.html