How are Our Projects Funded?
VIKPA provides a large number of services and comforts to renal patients and the hospital units throughout Vancouver Island of course, all of these require funding. There have been several sources of income which have benefited VIKPA and the patients in the past. They include:
• Annual memberships
• Charitable donations and bequests
• Fund raising events, bake sales raffles casinos golf tournaments silent auction,
• Special Fund Raising Events
Planned giving is making a charitable gift that maximizes your tax benefits through either a one-time gift or a series of payments over time. Planned gifts help the Vancouver Island Kidney Patients’ Association to provide the assistance and support required by many kidney patients and their families on the Island.
The need for this help grows substantially each year as the patient community increases.
While many planned gifts are made through bequests in a will, there are other options such as a charitable remainder trust, charitable gift annuity, life insurance, or gifts of property such as stocks or real estate.
Assets in many forms such as cash, retirement savings, property, mutual funds, RRSPs, RIFs, stocks and bonds can be bequeathed or transferred to the Vancouver Island Kidney Patients’ Association.
Charitable Remainder Trust
You can make a gift by placing assets such as cash, securities or real estate in trust for Vancouver Island Kidney Patients’ Association. You receive income from the trust for the rest of your life and a charitable receipt is issued for the present value of the remainder trust.
Charitable Gift Annuity
Annuities can have significant tax benefits, providing an opportunity to set aside a cash gift for Vancouver Island Kidney Patients while you receive an income during your lifetime.
Gift Life Insurance
Designating Vancouver Island Kidney Patients’ Association as a beneficiary of your life insurance policy can provide a substantial gift in the future for a relatively low cost each year. You receive an annual tax deduction for premiums paid.
For your convenience, you may donate online at vikpa.org and click on the canadahelps.org link.
VIKPA would like to say a big THANK YOU to all who have assisted in putting all the events together, who have given so generously of their time, money and support, to help raise the funds which go to helping all of the patients throughout Vancouver Island.