ProVisionaries is the name we have given to The Presbyterian Church in Canada’s planned giving initiative. The name is a combination of two words: provision and visionaries. Those who make planned gifts to the church are those who have experienced God’s gracious provision in their own lives and visionaries who have caught a glimpse of what the church can do through the grace of God and the generosity of God’s people. They are truly ProVisionaries, and their gifts help to ensure the long-term viability of the church and its ministry. Through their generosity and foresight, they are planting seeds of hope, for generations to come!
The Presbyterian Church in Canada’s first book signing was a great success!
The Planned Giving Office and the Book Room would like to thank everyone who attended the special presentation and book signing on April 9th with Keith Thomson, certified financial planner with Stonegate Private Counsel, philanthropist and author of the book, What Was Your Great Grandmother’s Name? Fifty Thoughts On How Canadian Philanthropy Can Transform You, Your Family And Your Community. This was the first book signing at the PCC and it was well attended. There were 35 people in attendance, congregational members and The PCC staff. The event started at 1:30 p.m. with conversation and refreshments followed by Keith’s presentation.
The feedback from Keith’s presentation has been positive. Keith shared simple and new ways of how we can give and also valuable information about estate planning. The event ended with book signing and conversations with Keith. Great speaker, great presentation!
2013 Federal Budget Introduces “First-Time Donor’s Super Credit” to Encourage Greater Charitable Giving
In the federal budget presented on March 21, Finance Minister Jim Flaherty announced an experimental, new tax incentive to encourage charitable gifts by those not in the habit of giving.
Donors who haven’t claimed a charitable donation on their tax return since 2007 will receive a special “super credit” for charitable gifts up to $1,000, increasing the normal tax credit by 25%.
The standard federal tax credit for charitable gifts up to $200 is 15%, rising to 29% for gifts over $200. The additional incentive would therefore entitle first-time charitable donors a 40% credit for gifts up to $200 and a 54% credit for gifts between $200 and $1,000. This would mean first-time donors would receive an additional $125 in credits for a charitable gift of $500. It should be noted that this is a temporary measure and will be re-evaluated after five years. The super credit can be claimed only once by taxpayers during that period.
The number of Canadians making gifts to charity has been declining over the last decade, especially among younger Canadians. It is hoped that the “First-Time Donor’s Super Credit” incentive will encourage younger Canadians to develop a greater interest in charitable work and philanthropic giving.
Stories of Giving
Check back regularly to hear stories from Canadians who have generously used Planned Giving to share with their church and the wider community.
Jim Horsman and the Alberta Heritage Scholarship Fund
Read these stories and more ‘here‘.