POPULAR TYPES OF LEGACY GIFTS

Your gift to the Capitol Theatre through the CAPITOL THEATRE ENDOWMENT TRUST FOUNDATION may be made in many forms.  You may establish a donation strategy to reflect your philanthropic goals either during your lifetime or through your estate plan.

VEHICLES FOR GIVING:

• Cash gifts are tax deductible as provided under current tax law.

• Bequests in your will are a simple way to leave a lasting legacy.

• Securities, mutual funds, flow-through shares and stock options qualify for special benefits to the donor, based on current income tax regulations.

• Beneficiary gifts such as life insurance policies, RRSP or RRIF vehicles pass outside of your estate, so the contribution is protected from probate and creditors.

• New life insurance policies naming the Trust as owner and beneficiary generate tax credits on their cash value and receipts for annual premium payments.

• Charitable gift annuities are a way to make a gift to the Trust and still receive an income for yourself or others.  That income is guaranteed for life and is virtually tax-free.

• Charitable remainder trusts allow you (or other named beneficiaries) to receive lifetime income on your death, the remaining principal creates a funding source for the Trust and you receive an immediate charitable deduction for a portion of the gift and avoid capital gains tax.

• Real estate or tangible personal property can be donated to the Trust and deducted at full fair market value, up to 30% of your adjusted gross income.  The Trust sells the assets and the net proceeds are added to an existing fund.