A legacy gift is a donation for the continued benefit of a cause you believe in. By making a legacy gift to InspireHealth, you have the opportunity to ensure that your InspireHealth community continues to grow and support more people transform the fear of a cancer diagnosis into inspired action and healing.

Naming InspireHealth in your legal documents
Learn about naming InspireHealth in your legal documents to ensure your legacy gift is directed as you choose.

Legacy Gift Planning Options
Learn about the many ways you can make a meaningful legacy gift to InspireHealth.

Frequently Asked Questions
Find answers to some of your questions about charitable gift planning and legacy gifts.

Contact Information:
If you have any questions or would like to discuss InspireHealth’s planned giving options, please contact Christine Butler, Development Assistant, at (604)734.7125 ext. 239.

Naming InspireHealth in your legal documents

If you choose to name InspireHealth as a beneficiary in your legal documents, it is important to use our full legal name – InspireHealth Society.

Please ensure that you use our correct and full legal name and charity number:

InspireHealth Society
Charitable # 10810 3920 RR0001

The following is sample wording to include InspireHealth Society in your will:

(a) Percentage Gift
“I direct my trustees to pay or transfer to InspireHealth Society_________% of my estate”

(b) Specific Gift
“I direct my trustees to pay or transfer to InspireHealth Society the sum of $________”.

InspireHealth is committed to discreet, confidential charitable planning. Charitable gifts and bequests are a personal statement of one’s deepest values and beliefs and involve confidential personal and financial information. InspireHealth staff members and Board of Directors are professionals familiar with the privacy needs of donors and charitable planning issues. We will work with donors and advisors to ensure your gift is honoured and recognized according to your wishes.

Legacy Gift Planning Options

1) Gift of Cash or Appreciated Property (Major Gifts)
When you make an outright gift of cash or property to InspireHealth, you will the satisfaction of seeing your gift at work right away helping InspireHealth provide integrated cancer care programs to more people living with cancer.

2) Charitable Bequests
A charitable bequest is the simplest and most common gift planning option and may be made by naming “InspireHealth Society” in a will or codicil to a will. You can leave a specific amount, a specific percentage, or choose to leave the remainder of your estate after other debts and bequests have been paid.

3) Gifts of Publicly-Traded Securities
Gift of publicly-traded securities are one of the most tax-effective ways to make a simple, outright gift. In addition to the regular tax credit or deduction, gifts of publicly-traded securities to public charities are fully exempt from capital gains tax. Consistent with Canada Revenue Agency guidelines, the fair market value utilized to determine the official donation tax receipt is based on the closing market price on the day of receipt by InspireHealth.

4) Gifts of Life Insurance
Gifts of life insurance allow you to make a significant gift to InspireHealth, for a relatively small cost to you and, at the same time, you realize tax benefits.

5) Gifts of RRSPs and RRIFs
Making a gift of your RRSPs or RRIFs is a simple and tax-effective way of donating. You can make InspireHealth the beneficiary of your RRSPs and RRIFs by visiting the institution holding these investments, asking them for a change of beneficiary form, and designating InspireHealth as your new beneficiary.

Frequently Asked Questions

What is the simplest type of legacy gift?
A donation to InspireHealth is the simplest type of legacy gift. InspireHealth is a federally registered charity and all donations are tax deductible. Your gift will help support your InspireHealth community. A charitable bequest in your will is one option.

What are the tax advantages of gifts of publicly-traded securities?
Gifts of publicly-traded securities are subject to generous tax incentives in Canada. Recent changes to the Income Tax Act have completely eliminated capital gains tax on publicly-traded securities when gifted to a charity. As a result, if you make a gift of publicly-traded securities to a registered public charity, like InspireHealth, you will avoid paying any capital gains tax. In addition, you will receive a charitable tax receipt for the full market value of your publicly-traded securities.

How can I be sure I’m choosing the right type of legacy gift?
The choices and tax implications can be overwhelming. Talk to your legal or financial advisor about the many options available. Ask how you can support a cause such as InspireHealth while saving taxes and/or securing an income for a fixed term or for life.

Why create a will?
A will is one of the most important documents you can have. It represents where you have chosen to direct the final settlement of your estate and other affairs. A will is a written document and legally signed. By making a will, you choose who will benefit from your estate: family, friends, and charity. If you don’t have a will, the law determines who will benefit and who administers your estate.

Why make a gift through your will?
Making a gift through your will provides you with the opportunity to support a cause you believe in, and allows you to choose how you would like to make a difference in your community. It may consist of a certain sum of money, an asset, or the remainder of your estate. A charitable bequest allows you to make a large gift that may not be possible during your lifetime.

Is making or changing a will difficult?
To make a will, you can begin by making a list of all your assets and important personal possessions. Next list the people, organizations and causes you’d like to provide for in your estate. Then ask your lawyer or notary to draft the will for you to make it legally binding. For changes to an existing will, all that is required is an amending document, or codicil.

The purpose of this is to provide general information, not to render legal advice. Please consult your own lawyer or other professional advisor about the applicability to your situation.