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Planned giving

Planned giving allows the donor and their heirs to contribute to the sustainability of Mira, in addition to benefiting from tax advantages.

What is planned giving?

In the broadest sense, the term “planned giving” refers to any donation that involves financial, tax, or estate planning.

It is an excellent way to achieve your philanthropic goals while also providing significant tax benefits to your heirs. Whether you choose a bequest, a gift through life insurance, a donation of securities, a gift of eligible securities or publicly traded shares, or a charitable annuity, making a planned gift can significantly reduce the taxes payable by your heirs on your estate.

Types of planned giving

  • Bequest

    Included in your will, this gift allows you to leave a specific amount, a percentage of your estate, or a particular asset to Mira. Flexible, it can be modified at any time according to your situation.

  • Life Insurance Gift

    Designate Mira as the beneficiary of your life insurance policy to support our mission after your passing. You can retain ownership of the policy and continue paying the premiums while benefiting from tax advantages for your estate.

  • Gift of Securities or Eligible Shares

    Donate your stocks, bonds, mutual funds, or publicly traded securities to Mira. The transfer can easily be completed electronically while providing valuable tax benefits.

  • Gift of Real Estate

    Donate a property to Mira while retaining the right to use it until your passing. You will receive a tax receipt based on its appraised value at the time of the donation. For properties other than a principal residence, 50% of the capital gain is taxable.

  • Charitable Trust

    Transfer a significant sum to Mira through a charitable trust while continuing to receive income from the capital. A tax receipt is issued, and the capital is transferred to Mira upon your passing.

How to plan a donation?

If you are considering making a planned gift, it is recommended that you consult your financial advisor, notary, or accountant to choose the option that is best for you and to carefully plan your gift according to your situation.

Would you like to learn more about planned giving for Mira? Contact our Director of Planned Giving, Michel Aubin, at 514-994-8395.