RRIF & RRSP

By designating Canadian Feed The Children as the beneficiary of your RRSP or RRIF, you are also planning a brighter future for children affected by poverty, and your estate will receive a tax receipt for the full donation amount.

Canadian Feed The Children and other charitable organizations can be named as beneficiary on registered retirement plan documents. A tax receipt for the value of the investment gifted will be issued to your estate and applied toward the final income tax return.

RRSPs/RRIFs gifts are tax effective ways to make a lasting gift for vulnerable children.

Your estate may claim gifts in the year of death equal to 100 per cent of your next income in that year and the preceding year. RRSPs/RRIFs become fully taxable as income in the year of death, usually at the highest marginal tax rate, unless remaining funds in the account can be rolled over to a surviving spouse or dependent child.

You have full use of the retirement saving investment while you are alive, and the gift can be revoked at any time if your financial situation changes.

You can designate your gift to a “fund” that meets your interest, such as nutrition, education or health – or you can designate your fund to a particular country.

We would be pleased to provide you with sample wording to ensure we can accept your gift as intended. For more information, please contact:

Lisa Doucette-Tassé
Canadian Feed The Children
174 Bartley Drive
Toronto, ON, M4A 1E1 Canada

Toll-free: 1-800-387-1221
Tel: 416-757-1220 x 227
Fax: 416-757-3318