Retirement Plans, Cash, and Additional Options

Retirement Plans

Retirement funds represent a major personal asset for most donors. Donors enrolled in a Registered Retirement Savings Plan (RRSP), or who have already converted their RRSP to a Registered Retirement Income Fund (RRIF), can make a charitable gift of all or a portion of any retirement funds remaining at death.

Gifts of Cash

Cash is the simplest and most common form of gift. It can be put to immediate use by the charity and results in a charitable donation receipt for the donor. Gifts of cash - whether by cheque, money order, credit card, or currency are the most familiar way to contribute to a charity.

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Other Gifts

Charitable Trusts

Glenbow Museum may accept two types of irrevocable charitable trust arrangements:

Both remainder and residual trusts are eligible for charitable tax receipts. Glenbow Museum encourages donors to consult a lawyer or financial advisor before establishing a trust. Glenbow Museum retains the right to decline a gift not involving professional consul.

Charitable Gift Annuities

A gift annuity is an irrevocable transfer of money or other assets to Glenbow Museum. A portion of the principal is used to purchase an annuity from an insurance company. The cost of the annuity is based on the donor's age and income requirements. The remainder of the principal is considered an outright gift used for the purpose specified by the donor. The annuity pays the donor a guaranteed income for a specific time.

Gifts of Real Estate

Gifts of real estate may include a house, condominium, vacation home, apartment building, commercial building, farm, or land.

For more information on giving to Glenbow, please contact:

Christopher Petrik
Director of Development

All inquiries are confidential and without obligation.

The purpose of this web page is to provide information of a general nature only. Advice from your own legal and financial counsel should be sought when considering any gift arrangement.

130 9th Ave S.E.
Calgary, AB T2G 0P3

Located in the heart of the Calgary downtown core between Stephen Avenue and the Olympic Plaza
Cultural District.

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