Ways to support the Loeys-Dietz Syndrome Foundation Canada (LDSF-Canada) Today and into the future
The mission of LDSF-Canada is to carry out research concerning the cause, treatment, and potential cure of Loeys-Dietz Syndrome and to support individuals and their families affected by this syndrome. As LDSF-Canada moves forward to meet the educational and resource needs of our community, we invite you to invest in our mission. Thank you for your interest and support.
Our BHAG (Big Hairy (scary) Audacious Goal) is to build a medical research fund that will finance 50 young researchers globally each year! Their areas of research will be pertinent to Loeys-Dietz Syndrome as well as encompass numerous other disease states like: cardiology, pregnancy, orthopaedics, allergy, gastrointestinal, inflammation and other areas as yet to be identified as we better understand the disease progression.
LDSF-Canada is a registered Canadian charity based in Montreal and operates Nationally. We have partnerships with numerous medical institutions in Canada such as: The Montreal Heart Institute, Montreal Children’s Hospital, Shriners Canada and St. Mikes in Toronto.
Canadian charitable registration number 808680607 RR 0001. Charitable tax receipts will be issued for donations accepted and received.
There are multiple ways to make a donation such as:
- General donations
- Gifts of publicly listed securities
- Gift in a Will
- Life insurance-based gifts
- Proceeds from registered retirement plans – RRSPs and RRIFs
Donate By Mail
Donations may be made by mailing our Donor Form and checks made payable to LDSF-Canada:
835 Avenue Selkirk
Pointe-Claire, Quebec Canada H9R 3S2
You will find below some tax effective ways to support LDSF-Canada as part of your overall estate, financial and retirement plans. LDSF-Canada is here to work with you and your professional advisors to determine how you wish to support our mission and what type of charitable donation today or in the future works best for you and family.
Your personal legacy to LDSF-Canada – your way.
Some giving opportunities for you and your family to consider:
A straight-forward and cost-effective way to support the mission of LDSF-Canada today and into the future.
A gift of securities is one of the most cost-effective ways to support LDSF-Canada, immediately or through a gift in your will. When publicly listed securities are donated to LDSF-Canada, the tax on the capital gains is eliminated. Any publicly listed securities, including shares, bonds, mutual funds, and segregated fund units may qualify.
How do I gift publicly listed securities and what are the benefits?
Making a gift of publicly listed securities is straight forward: As most securities are held electronically, your broker can usually execute a transfer to LDSF-Canada in one or two days. Even mutual funds can transfer quite quickly.
You will receive a charitable tax receipt equal to the closing value of the securities on the date the securities are received into LDSF-Canada’s brokerage account. You can claim tax credits for the entire gift in the current year of the donation or carry tax credits forward for up to five years.
A great way to support the mission of LDSF-Canada in the future
Designating LDSF-Canada as a beneficiary in your will is the most common, and often the most straightforward way to support our mission in the future. To make a gift in your will to LDSF-Canada, your lawyer or notary simply prepares a new will or adds a codicil to an existing will. Our legal name to add as a beneficiary to your will is Loeys-Dietz Syndrome Foundation Canada.
Benefits of leaving a gift in your will:
No reduction in personal assets during your lifetime while allowing you to support our mission in the future. You may change your will at any time if your circumstances change. For a gift in your will, your estate receives a donation receipt for use against 100% of your net income in the year of passing and in the preceding year. With recent tax changes, your estate may now also claim tax credits in subsequent years.
Common types of gifts through a will:
Specific donation: You may designate a specific dollar amount or an asset such as life insurance proceeds or securities in your will to LDSF-Canada.
Portion of your estate (residual gift): You may donate a portion (percentage) of your estate assets to LDSF-Canada.
Donating a new or existing life insurance policy is a convenient way to make a substantial contribution to LDSF-Canada.
By naming LDSF-Canada as the beneficiary of your life insurance policy, your estate will receive tax benefits. If you designate LDSF-Canada as the owner and beneficiary of a policy, you can realize tax benefits during your life as well as supporting our mission in the future.
Ways to make a gift of life insurance:
Donate a fully paid policy you no longer need
If the policy has been in force for three (3) years or more and you donate (transfer ownership of the policy) to LDSF-Canada and the Charity becomes the beneficiary, the Charity will issue a donation receipt for the policy’s fair market value (FMV). The FMV is dependant on the insured’s life expectancy, which depends on the donors age and medical condition and can vary between 10-50% of the death benefit amount.
Transfer ownership of an existing policy with premiums still owing
If the policy has been in force for three (3) years or more and you donate (transfer ownership of the policy) to LDSF-Canada and the Charity becomes the beneficiary, the Charity will issue a donation receipt for the policy’s fair market value (FMV). The FMV is dependent on the insured’s life expectancy, which depends on the donors age and medical condition and can vary between 10-50% of the death benefit amount.
If you make further payments to pay the premiums, LDSF-Canada will issue annual donation receipts for the value of the premiums paid.
We accept Term, Universal, Term-to-100 and Whole Life Policies. The Charity pays all medical underwriting and actuarial costs associated with the donation.
Establish a new policy that designates LDSF-Canada as the owner and beneficiary
You can claim future premium payments as a charitable donation on your annual tax return.
Name LDSF-Canada as the beneficiary of your insurance policy – you retain ownership
Upon passing, your estate will receive a donation receipt for the full amount that LDSF-Canada receives under the terms of your policy. No tax benefit during life for premiums paid.
DISCLOSURES regarding life insurance donations
Proceeds are treated as a disposition for tax purposes and are taxed on excess amount over adjusted cost basis, which includes all premiums paid on the policy less the net cost of pure insurance. Policyholders should seek their own independent professional tax, legal and financial advice. A change of ownership of a policy may in the future limit the insured’s ability to purchase additional insurance as a result of limits on how much coverage insurers will issue.
Donors of life insurance policies will be required to provide consent to allow access to medical records for purposes of evaluating the life insurance policy. This information will be maintained on a confidential basis by the charity.
Giving retirement assets is one of the easiest, most tax-effective ways to support our mission. By naming LDSF-Canada as a direct beneficiary of your RRSP or RRIF, you will avoid paying probate fees on those assets. This donation can also offset taxes owed on other retirement assets. You may designate LDSF-Canada as a 100% beneficiary or a partial beneficiary of your plans.
For further information on ways to support LDSF-Canada generally or in regard to specific programs, please contact us at firstname.lastname@example.org A volunteer will be pleased to speak with you in regard to our menu of giving options.
From the bottom of our hearts we thank you for supporting our mission!
Disclaimer: The information above is meant to serve as a menu of possible giving options to support the work of LDSF-Canada. This information should not be seen as providing any financial, legal or tax related advice. Prospective donors are encouraged to seek independent professional advice in considering any charitable donations to ensure their wishes may be carried out to support the mission of LDSF-Canada as part of overall estate, financial and retirement plans.