Ways to Give – old page

Other ways to donate

Securities

If you hold investments in a taxable investment account that have appreciated in value, consider donating the investments themselves to JAZZ.FM91. By donating investments that have appreciated in value you will be exempt from the capital gains tax on the donated investment. You’ll also receive a tax receipt for the fair market value of your donation.

JAZZ.FM91 encourages all donors who are planning a significant gift to seek independent legal and/or financial planning advice.

Aeroplan Beyond Miles

JAZZ.FM91 is pleased to be a participant in the Aeroplan Beyond Miles Program. Aeroplan’s Beyond Miles Program focuses on supporting organizations who want to improve the lives of people in their local communities. For JAZZ.FM91, we improve the lives of our community through music, offering free music programs to youth, and producing more than 70 concerts in the community each year. Miles donated will make a major impact on JAZZ.FM91’s travel budget which is used to bring musicians to and from Toronto for live concerts, specialists to conduct youth music workshops and music seminars, etc.

Estate planning

Donating to JAZZ.FM91 by way of the following can also offset taxes that are imposed after life on your estate.

Life insurance policy

You can donate a life insurance policy to charity in these ways:

• Name JAZZ.FM91 as the beneficiary of an existing policy. This is a good option if you already have a policy that your family no longer needs for financial stability. At the time of your death, JAZZ.FM91 will receive the policy proceeds and your estate will receive the tax benefits – the donation limit in the year of death (and preceding taxation year) is increased to 100% of the person’s net income.
• Transfer ownership of an existing policy to JAZZ.FM91 and receive a charitable tax receipt for the cash value of the policy. If you owe annual premiums on the policy, you’ll still pay them, but you’ll also receive tax receipts in the amount of your payments.
• Take out a new policy in the name of JAZZ.FM91. You’ll receive a charitable tax receipt for the cash value of the policy and for any premiums you pay.

Bequests in your will

Leaving a gift to JAZZ.FM91 under your will may produce a valuable tax credit on your final tax return. In the year of death and the prior year you may be able to claim a donation tax credit for up to 100% of your net income. You may choose to bequeath a percentage of your estate instead of an absolute dollar amount so that the amount of your gift is automatically kept in line with the amount of your wealth.

Naming JAZZ.FM91 as a beneficiary to your RRSP, RRIF, LIF or TFSA

You may consider naming JAZZ.FM91 as a beneficiary of your RRSP, RRIF, LIF or TFSA. When a charitable organization such as JAZZ.FM91 is named as a beneficiary the proceeds of the account are paid directly to the charity upon death. This helps to reduce probate fees on an estate.

JAZZ.FM91 encourages all donors who are planning a significant gift to seek independent legal and/or financial planning advice.

Become a JAZZ.FM91 voting member

Anyone whose donations have totalled $240 or more for the fiscal year — Sept. 1 to Aug. 31 — to which the annual general meeting (AGM) relates is considered a donor member for that year.