Planned Giving
Planned Giving
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ECCC PrioritiesThe ECCC focuses on four key ministry priorities:Leadership Development - we look for ways to recruit, encourage and equip gifted and Godly leaders. Church Planting and Mission - we look to see where God is working and join Him at that place, whether it be locally or around the world. Renewal & Revitalization - the God who makes all things new is waiting for us as individuals and corporate fellowships to seek a fresh wind of the Spirit. Compassion & Justice - being the hands of Jesus serving those around us. Evangelical Covenant
Church of Canada Box 34025 RPO Fort Richmond Winnipeg, Manitoba R3T 5T5 Phone: 204-269-3437 1-888-810-3020 Fax: 204-269-3584 E-mail: messengr@escape.ca |
| Bequests Many people set aside a certain dollar amount, others leave a percentage of their estate. Contingent bequests can be used to ensure a surviving spouse is looked after and then upon their death the money given to the ECCC or affiliated Covenant ministry. Did you know the ECCC will cover the cost of making a will up to $150 if we are included as a benefactor? Charitable Annuity This allows a donor to make a charitable donation with immediate tax savings and receive a guaranteed income for life. Gifts of Property If you have assets that are appreciating, |
Endowments This is a donation that will keep on giving; investing the principle will provide income over an extended period of time to the ECCC. The endowment can act like a E.g. "The Bill Smith Memorial Fund." Insurance "Planned Giving allows you to continue the stewardship you have demonstrated in life even after you're gone.? " |
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Normally, the limit of an annual tax receipt a donor can claim is 75% of net income. Unused receipts can be carried forward for five years. The rules are different for a taxpayer's final tax return, filed after death. Bequests to charities can be used to cover 100% of income for the final year of life. If the donor had unused charitable donation room in the previous year, any unused charitable tax receipts can be carried back one year and a refund claimed on taxes already paid. There are many things to consider before a donor decides whether a donation should be made during their lifetime or through a bequest. Whatever route is chosen, careful planning is important, taking into account all aspects of personal financial plans. It's nice to know you can make a charitable gift without compromising your legacy to your loved ones. |
