Gifts By Will

This is known as a “testamentary” gift. A testamentary gift may take the form of a legacy in a specific amount (for example, $1000). It may also be a gift of specific property (from my savings account at a specific bank or from my Savings\Bonds). The gift may state that it is to be paid to the Foothills Country Hospice Society for its general purpose, or it may be paid for a specific purpose perhaps selected from our wish list. The subject of gifting is never discussed and is  by way, not a factor in determining suitability.

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Life Insurance

A donor may wish to purchase or convert a life insurance policy, which designates the Foothills Country Hospice Society as the ultimate beneficiary.

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Annuity

An annuity program is a vehicle, which allows the donor to retain some benefit from the gifted property during his or her life and still ensure the Foothills Country Hospice Society will be the ultimate beneficiary on death.

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In Memoriam

A gift may be donated in memory of a loved one.

Social Clubs

A business or social group may do fundraisers throughout the year designating the Foothills Country Hospice Society as the beneficiary of the funds raised.

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Cash Donations

Cash donations may be sent to our mailing address below:

Foothills Country Hospice Society
Box 274
Okotoks, Alberta T1S 1A5

 

Share Certificate Donations Policy

Share Certificate Donations    Click Here to View or Print Policy in pdf format
Foothills Country Hospice Society (FCHS)
Date - October 4, 2007
Review of policy - For review yearly in month anniversary.
FCHS Account # 701-72280-1-1

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Procedure to Procure Share Certificate Donations

Requirements needed for invested shares transferred and sold on behalf of the Foothills Country Hospice Society (FCHS):

1. Donor realizes that the shares are redeemed and a taxable receipt is to be issued.  The donor will not receive cash for the donated shares but will receive a charitable receipt for the value of the stock the day they are sold. 

2. Shares will be sold, once transferred, at the earliest possible date, and FCHS will not be holding the securities for further market speculation.

3. Letter of authorization needs to be sent from the donor’s broker stating the above.

4. The letter includes the following:

   1. The donor’s name

   2. Security identification #, name, etc.

   3. Total # of shares redeemed

   4. Broker’s identification #

5. The letter needs to be sent to FCHS broker, Fax #403-299-6541, Phone #403-299-7142, FCHS Broker will accept the letter, notify FCHS that the shares are being held by them, and upon a phone call or email from the designated FCHS person will convert the shares, notify FCHS, and advise as to the current value of the shares to be deposited.

6. A tax receipt will be issued by FCHS to the original donor for the value of the cash received.

This procedure is necessary to ensure the donor receives proper charitable recognition for their donations and so that the donor does not have to pay capital gains.

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