To learn about the Planned Giving benefits to you, download our full-colour PDF brochure “Planned Giving” or carry on reading below.

The information on these pages is intended to provide accurate information regarding planned giving at The Trinity Historical Society, but is not intended as legal, accounting, tax, investment, or other professional advice. If such advice is required, the services of a competent professional should be sought.

What is Planned Giving?
Planned Giving is a way for you to provide donations to a charity in a manner that is tax preferred to you and/or your estate. Planned giving includes bequests through your will, gifts of life insurance and retirement plan designations.

How You Can Make A Difference Today
A planned gift to Trinity Historical Society helps to ensure the continuation of programs and services that directly benefit future generations.
As a donor, a planned gift allows you to perpetuate your belief that the work done by THS is valuable and important and is a commitment to the community to be shared. At the same time, you will realize tax savings either now or in the future, depending on the option you choose.

Bequests
Bequests are gifts made through your will for a specific amount or a percentage of what is left after you have provided for your loved ones. You could also give a specific piece of property, stocks and bonds, or other non-cash assets.
A bequest also has tax benefits for your estate. Planned today, a bequest is not paid to Trinity Historical Society until after you pass away. By carefully planning your bequest, you may eliminate all the taxes payable on death. Your executor can claim bequests up to 100% of the net income on your final two tax returns.

Outright Gifts
Most outright gifts are made in cash, but as with bequests, anything of value may be given. For non-cash assets, however, we ask that you first check with the THS office to ensure that the planned gift meets our acceptance criteria.

Life Insurance
Life insurance policies are an excellent way to make a substantial gift by naming the THS as a beneficiary. You may choose to do this through an existing policy or open a new policy for this sole purpose.
If you are still making payments on an existing policy or if you purchase a new policy for this purpose you can arrange to receive a charitable tax receipt for the premiums you pay. A planned gift of life insurance can either save you tax dollars today, meaning immediate tax relief, or your estate can receive a tax credit for the face value of your policy. Payments of small premiums today can provide a significant contribution towards the future of Society programs.

Retirement Plan Designations
A second type of expectancy gaining in popularity among donors involves naming an organization as the beneficiary of a retirement plan. For many individuals, retirement plan assets represent the single largest asset in their portfolios. Like the bequest, it is easy to understand and easy to implement. This gifting opportunity merely involves obtaining a beneficiary designation form from the retirement plan administrator and naming a charity as the entire, or partial, beneficiary of the retirement plan assets upon the owner’s death.

A donor may achieve significant income and estate tax savings by naming a charity as the beneficiary of the retirement plan assets rather than a non-charity.

Designating Your Gift
All gifts to Trinity Historical Society are extremely valuable and will have a direct and long–term impact on the Society. An unrestricted gift, however, carries with it an added advantage: the flexibility to allow Trinity Historical Society the opportunity to better meet the needs and challenges of an unpredictable future.

Donors may prefer to direct their contribution to benefit one of Trinity Historical Society's current programs:
Your options for giving:

• Wherever the need is greatest
• Fort Point Project
• Programming
• Our web–based initiatives
• Maintenance and/or expansion of THS properties.
 

Recognition
Thank you for honouring Trinity Historical Society by considering a planned gift. If you do plan to make a future gift to the Society through your Will, we would appreciate notification of the same. It is our goal to ensure that all future gifts to the Society are handled according to the wishes of the donor. This goal requires us to maintain accurate permanent records of our correspondence with future donors.

As a registered charity, the Trinity Historical Society can accept donations and issue receipts for income tax purposes. In return for your gift, we will include you in our annual list of supporters that appears in our Annual Report.

To ensure that your Will, or any codicil to it, is valid and takes full advantage of current legislation, please consult your lawyer or financial advisor, if you currently have one. If you do not have an advisor and need assistance, ask the THS office for a “Leave a Legacy NL ” brochure which will provide helpful suggestions and a list of local organizations that can refer you to an appropriate professional. You can talk to him or her about planning a gift. They can tell you about the tax benefits of a gift and can offer some creative ideas about planning gifts that will meet all your personal and charitable objectives.

Should you wish to discuss your gift to THS in confidence, please contact us.