Bequests and Charitable Donations to CMOS
Donations are the main source of
for the following named funds:
Biographies of Persons for which Awards are Named
|CMOS Scholarships||Tertia Hughes Daniel Wright|
|Roger Daley Postdoctoral Publication Award||Roger Daley|
|Uri Schwarz Development Fund||Uri Schwarz|
Your donations make it possible every year for CMOS to offer scholarship supplements to postgraduate students holding NSERC fellowships and scholarships to undergraduates. They also sustain the Tertia M C Hughes Graduate Student Award and the Roger Daley Postdoctoral Publication Award and they allow CMOS, through its Uri Schwarz Development Fund, to develop its influence and visibility through co-sponsorship of meetings organized by other groups, support to science fairs, and other development projects approved by Council.
If CMOS receives a large bequest or gift that is to be used to fund a project over a period of years, the donor needs to explicitly tell CMOS that this is their intention for these funds. This is particularly true when the donor wishes to give a substantial gift to endow a scholarship or prize in perpetuity.
Gifts of Cash
Make a difference today, either to existing CMOS programs noted above or through new dedicated initiatives determined by donors, and receive a tax receipt for your gift.
RRSPs and RRIFs
Secure two futures: yours and that of CMOS. Enjoy your savings in life, tax-protect your estate and create a legacy by designating CMOS as the beneficiary of some portion of your RRSP/RRIF portfolio. The gift will bypass the probate process, yielding a tax receipt for the full value of the investment.
Stocks and Securities
Be tax-smart. Donate publicly traded stocks and securities and receive a tax receipt for the full appreciated value. You will not be subject to capital gains tax on gifts made since May 2, 2006. The receipt value is based on the closing trading price on the day that CMOS receives the shares.
Modify an existing life insurance policy or take out a new one to support CMOS. Gifts of life insurance are made by transferring ownership and beneficiary status of an existing or new policy to CMOS. You will receive a tax receipt for the cash-surrender value of the policy at the time of the transfer and for all premiums paid after the date of transfer. You may also simply name CMOS as the beneficiary of your policy, and your estate will receive a tax receipt equal to the death benefit proceeds paid to CMOS.
Charitable Remainder Trusts and Gifts of Residual Interest
Arrange a trust gift today using cash, bonds, securities, real estate or another tangible asset, and continue to use the property or receive the interest income for the rest of your life. A receipt based on the net present value of the trust is available when the trust is established.
Bequests (Gifts via your will)
Feel good about your gift now, but give it later. When you make a bequest, your estate is eligible for a tax receipt of up to 100 per cent of your net income in the year of death and the preceding year.
If you would like your name to appear in this list, consider making a donation now or along with your membership renewal. You will gain a little bit of recognition, perhaps encourage others to donate, reduce your taxes and have the satisfaction of having contributed to an important program of your Society. If you would prefer not to have your name appear in the list, your wishes will be respected.
Benefactors ($1000 or more) Patrons ($250 to $999) Sponsors ($100 to $249) Donors ($10 to $99)