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Planned giving enables you to plan for your retirement
and also take advantage of means to invest some of your assets
in work of God's Kingdom.
The
Regional Synod of Canada established the RCA Foundation Canada
to carry out gift planning on behalf of the congregations,
participating agencies and individual donors in Canada.The
Regional Synod's Foundation
The
Regional Synod's Foundation is:
A public, non-profit foundation dedicated to
building a caring, vibrant Church and Community
on behalf of the Regional Synod of Canada
It is is a corporation established under the
provisions of the Canada Corporations Act.
The RCA Foundation Canada is a registered
federal charity under the Canada Customs and Revenue Agency,
Charity Division. Charitable No: 86306
5561 RR 0001
The Foundation will gladly provide one of its Financial Planners
and/or members to meet with individuals or groups.
Means of Giving
Outright gifts.
A Charitable Bequest is a gift made through a
person’s Last Will and Testament. It could consist of gifts of
cash (specific amounts), real estate or other property but
usually is a percentage of the donor’s estate. Special tax
incentives are in place for gifts of appreciated property.
You may bequest amount equal to
the amount bequested to other children.
The Charitable Gift Annuity enables you to give a
substantial gift and enjoy an excellent income for life. A large
portion of the income you receive is tax exempt and donors
qualify for a one- time charitable donation receipt for a
portion of the donation as well. This income ends at death and
the portion remaining in the Annuity is given your selected
charities.
An Endowment is a permanent gift that is invested for
a minimum of ten years. The income earned is used by the charity
each year. Thesecan be set up in various ways, depending on the
wishes of the donor. Funds are set up for the projects listed in
the brochure and we are open to discussing other funds you may
want to start for ministry in the Regional Synod of Canada.
A Donor Advised Fund allows you to set up fund held by
the RCA Foundation Canada. You receive an immediate charitable
tax receipt and we hold these donations until you are ready to
gift them to individual registered Canadian charities. The
accounts accrue interest which may also be directed to the
charities of your choice.
A Revocable Deposit Agreement is a combination of
investment and planned gift. The donor will receives up to 50%
of the earnings and the remaining interest earned will be
distributed to the charities that the donor has selected.
Gifts of Appreciated Securities enable you to make
donations that allow you to realize significant profits from the
appreciated securities you wish to donate, pay no income tax on
the gains realized, make a generous gift to charity and make use
of the excess tax credit generated from this gift to reduce
other tax liability.
Life insurance can be an excellent planned giving tool
for a donor who wishes to make a substantial gift to charity.
Donors may name charities as beneficiaries of a life policy and
have their estate receive tax credits for the gift at death.
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To whom can you make donations?
Gifts can be for a charity of your choice, RCA agencies,
Women's Ministries or the following areas within Mobilizing for
Mission.
The Mobilizing for Mission Fund is for all areas of
our Vision. These monies will only be disbursed upon
applications which have been approved by the related local
churches, classes and the Regional Synod of Canada.
Gifts can be made specifically to one area of our Vision as
follows.
The Multiplication Fund provides support to new church
planting.
The Revitalization Fund provides support for churches
desiring to enact programs that have the potential to revitalize
their congregation.
The Discipleship Fund provides support for promoting
discipleship. It provides funding for educational resources,
educational conferences, Synod wide discipleship emphases,
audio, video, print and other resources for church libraries,
and other discipleship programs \.
The Mission Fund provides support for mission work
outside local outreach activities. The funds may be used for
supplies and materials for short-term mission trips, and for
special mission projects.
The Leadership Fund provides support for the growth
and educational development of pastors and other leaders within
the RCA in Canada.
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