Planned Gifts, Bequests & Securities

Planned Gifts, Bequests & Securities

There are many ways to support the work and mission of PRISMA.

They include:

·         gifts of securities (see below)

·         gifts left in your will

·         RRSP/RRIF

·         life insurance

·         annuities that provide income to you during your lifetime

·         gifts made through retirement plans

·         real estate and other property

Pledging your support through a bequest or planned gift to our endowment fund is a great way to ensure the music plays on for generations to come. Please contact us to learn more.

Give to our Endowment Fund

Our Founding Sponsors established an endowment fund for PRISMA held at Gift Funds Canada Foundation to provide for the long term financial success of our organization. The capital of our endowment fund remains untouched, and only the income from the fund is used for our ongoing programs and services. We are still building our Endowment Fund and accepting gifts from donors who want to contribute in this way.

Give Securities

Give stocks, bonds, mutual funds, or other publicly-traded securities. If you have publicly traded securities in your portfolio that would generate a substantial taxable gain if sold, consider donating securities. You will receive a tax receipt for the full market value of the securities at the closing trading price on the day they are received and will not owe capital gains tax on the advantage of the securities from the cost base. PRISMA will receive the net value of the sale of the securities less brokerage commission. The tax advantage to donating the securities vs. selling the securities and then donating the cash proceeds is substantial.

Pledging your support through a bequest or planned gift to our endowment fund is a great way to ensure the music plays on for generations to come. Please contact us to learn more.