Outright Gift
An outright gift of cash is the simplest way to give and can often be the best way. Your gift goes to work immediately, meeting current needs or as an endowment. You receive a donation receipt for the full amount you give, resulting in immediate tax savings for you.
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For example, if your combined federal and provincial tax credit equals 45 percent, a $5,000 cash gift to West Lincoln Memorial Hospital Foundation Inc. will result in tax savings of $2,250, so the actual cost of the gift to you is only $2,750! (The amount you may claim in charitable donations in any one year is limited to 75 percent of your net income for that year. Any excess may be carried forward for up to five years.)
For more information and to request our Guide on Designs for Giving, please click the link below.
Alternatively, you can call the Foundation Office at (905) 945-WLMH (9564) between 9:00 a.m. and 5 p.m., Monday to Friday.
Gift Planning Order Form
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