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Legacy Gifts

Legacy gifts demonstrate your belief in a better future.

A legacy gift (also referred to as planned giving) is a way to show your continued support for finding a cure for cavernous malformation and in improved quality of life for those affected. 

 

Legacy gifts help support patients, their families, and the medical community across Canada.

Legacy gifts enable Cavernous Malformation Canada to pursue its mission to support and inform those affected by cavernous malformation by connecting patients and families with meaningful resources, including each other, and to advocate for the community by raising awareness, engaging stakeholders, driving research, and contributing towards the development of a robust network of medical professionals with knowledge of cavernous malformation across Canada. 

 

No donation is too small.

Cavernous Malformation Canada appreciates every donation, big or small. No matter the size, legacy gifts help to make a difference. 

 

There are many ways to make a legacy gift donation.

Planned giving covers different options such as making a bequest in a will, gifting life insurance, donating stocks, mutual funds or securities, designating registered investments (RRIF, TFSA, RRSP), and other mechanisms.

 

Planned Giving is easy.

Creating a legacy gift is as simple as speaking with a lawyer, financial or investment advisor, accountant, or insurance agent. They can help donors plan their legacy and prepare the required documentation to donate their gift to Cavernous Malformation Canada, including for tax purposes. 

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For more information about planning a legacy gift, see below. 

The materials on this page are intended to provide general information. It should not be construed as legal or other advice without first consulting with a legal and/or financial advisor.

Bequests

When creating a bequest in a will, consider the following:

  • a donor may bequeath the entirety or a portion of the estate by specifying a percentage or an amount to be gifted

  • residual gifts may be paid from what is left in the estate once other bequests and debts have been resolved

  • a charitable tax receipt will be issued after the bequest has been paid

  • the executor follows the donor’s wishes as specified in the will

Life Insurance

Life insurance may be the right option for donors who wish to:

  • make a substantial gift, but pay only small monthly or annual amounts

  • receive an immediate tax receipt

  • make a legacy gift separate from other estate assets

  • donate the full cash value of their gift, unreduced by estate, executor, or professional fees.

Stocks, Mutual Funds or Securities

A gift of stocks, mutual funds or securities may be an appropriate option if:

  • the donor is looking for flexibility about when to receive the tax benefit for their contribution, i.e., during their lifetime or by their estate at death

Registered Investments and Savings Plans

Registered investments (RRIF, RRSP, TFSA) may be a donor's preferred option because:

  • they have access to their registered savings plan when they need it (only the remaining balance is donated after the donor's death)

  • a charitable tax receipt is applied to their final tax return

  • the donation is separate from other assets and therefore cannot be contested, claimed by creditors, or reduced by probate fees

Legal Details

Legal Name: Cavernous Malformation Canada

Address: 6103 19 Avenue SW, Edmonton AB  T6X 2A4

Charitable Registration Number: 851604041 RR 0001

Additional Information

For more information about how your donation or legacy gift can contribute to Cavernous Malformation Canada's mission, please email us at contactus@cavernousmalformation.ca.

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