Your donation can be designated in a number of ways:
Community Funds
The Community Fund is the easiest and simplest way to give to the Foundation. The Foundation will designate the grant distribution from this fund. The fund will support a range of projects in the community. This fund is best able to address the changing needs of Pinawa. As donor, you also have the option of naming a Community Fund. An example is a fund named in memory of a family member or friend. There is a minimum contribution of $5,000 to create a named fund.
Designated Funds
The Pinawa Foundation has its funds invested by the Winnipeg Foundation. The Winnipeg Foundation has set up a number of designated funds for us such as for Seniors, Education, Scholarships and Healthcare. We also have Donor Advised Funds where you can help us select the organizations that benefit from your fund.
Other Programs
Leave a Tribute
This is a gift to the Foundation in memory of a loved one or good friend. It is a very important way to keep the memory of someone alive for a long time. When the donation is significant it can be as part of a Designated Fund if desired.
Estate Planning
Consider the Pinawa Foundation as a beneficiary of your will as part of your estate planning. The Foundation could be considered as one of the family and receive a bequest equivalent to that of one of the other members of the family.
Youth in Philanthropy
This is a program to make our youth aware of community philanthropy and to get them involved in community activities as one way to help inspire and insure their participation into the future. Come and find out more about why youth philanthropy is here to stay. See Youth in Philanthropy.
Event Celebration
There are significant events in one’s life such as anniversaries & birthdays that can be celebrated by suggesting that your friends and relatives wishing to provide gifts can make donations to the Pinawa Foundation.
Donor Options for Giving and Personal Planning Considerations
| Donation Options | Minimum Donation | Do you get income or use during lifetime? | Subject to probate | Charitable tax credit available | When can the Foundation use the gift? | Can you revoke the gift? |
|---|---|---|---|---|---|---|
| Cash | None | No | No | Now | Immediately | No |
| Securities | None | No | No | Now | Immediately | No |
| Bequest from Estate | None | Yes | Yes | After death in final tax return | After Death | Yes, by changing your will |
| Insurance Policy (Foundation is owner and beneficiary) | None | No | No | Now and as you pay future premiums | After death | No- Foundation can pay missed premiums or cash in policy |
| Insurance Policy (Foundation is only beneficiary) | None | Yes | No | Now | Immediately | Yes. As owner you can change the beneficiary of the policy |
| Real Estate | Check with Foundation | Yes | No | Now | Immediately | No |
| Charitable Remainder Trust | Check with Foundation | You can use property and receive all income generated | Only if gift made in your will | Now, based on gift value adjusted for life expectancy | After death of life tenant (income beneficiary) | No |
| Gift of a Residual Interest | Check with Foundation | Yes | No | Now, based on gift value adjusted for life expectancy | After Death | No |