There’s one group of TeleMiracle supporters who start planning their gifts long before the show.
Sometimes the donations are made during the donor’s lifetime; at other times, they’re planned for after the donor’s death. By donating to TeleMiracle through Planned Giving you are making life better for so many people in Saskatchewan. Your support goes to help those who need it most to improve their quality of life and accessibility with specialized equipment. Or those who need access to life-saving medical treatment. You are truly “Helping People Every Day” and realizing some valuable tax benefits.
You’ve probably noticed these special gifts being announced at TeleMiracle. They’re usually cash bequests from individual estates, but they can also be stocks or other investments, life insurance, land, or other assets. Your professional advisor can tell you about the tax and legal advantages associated with planned giving.
When making your gift in your will, please note that our legal name is the “Kinsmen Foundation Inc.”. This is the entity that carries the charitable designation. TeleMiracle is the fundraising event put on by the Kinsmen Foundation Inc.
Charitable Registration Number: 10757 1630 RR001
Here are some of the people who have donated to TeleMiracle through planned giving.
Bequests by Will
Perhaps the best-known method of creating a legacy, a bequest is a forward-looking way of supporting the Kinsmen Foundation while offering your estate unique tax savings today. You may transfer any type of property: currency, real estate, artwork, etc.
Naming the Kinsmen Foundation as the beneficiary of a new or existing life insurance policy is a thoughtful way of making a major contribution to your community. Not only will you be able to avoid using existing estate proceeds, but all premiums paid on the policy will be tax deductible.
Charitable Gift Annuities
Annuities like RRSPs, bonds or shares, when left to the Kinsmen Foundation, can earn income for you while you’re living and put you in a tax preferred status. You can choose to have the payments begin immediately, or you can defer the payments so that they supplement your retirement income in the future.