Bequests | Endowments | Life Insurance Policies | Charitable Remainder Trusts
It is often asked whether The War Amps will be around in the future. Yes it will!
The War Amps is incorporated under Part II of the Canada Corporations Act (currently transitioning to the Canada Not-for-profit Corporations Act) and is registered as a charitable organization with the Canada Revenue Agency. The Association is operated under the direction of war amputees.
Since 1918, The War Amps has met the needs of war amputees. Today, the Association continues to serve them, and all Canadian amputees, including children. The Child Amputee (CHAMP) Program provides artificial limbs, regional seminars and peer support. Through CHAMP, The War Amps tradition of “amputees helping amputees” will continue long into the future.
Planned giving refers to charitable gifts that require some planning before they are made. Planned gifts are popular because they can provide valuable tax benefits. By making bequests and other planned gifts, you can continue to help The War Amps improve the quality of life for amputees across Canada. The most common forms of planned gifts are:
Leaving a bequest to a charity creates a lasting memorial to your values and achievements.
An endowment is a contribution where the principal is held in perpetuity and the income or interest from the principal is used for the purposes as outlined in an endowment agreement.
Life Insurance Policies
Many individuals have life insurance policies that can be employed to benefit charities when the insured dies or, in some cases, during the insured’s life.
Charitable Remainder Trusts
A charitable remainder trust involves transferring investments or property to a trust that allows you to continue to have the right to use those assets or to receive all the income earned within the trust.
Please note that tax laws and other legislation are subject to change and although the information provided here is from reliable and professional sources, you are cautioned to consult your own financial and legal advisors regarding the applicability of its content to your particular circumstances.
We would be happy to answer any of your questions about our many programs and services. Please be assured that any discussion is confidential and will not obligate you to make a gift.
For more information, please contact:
The War Amps
Key Tag Service
1 Maybrook Drive
Scarborough, Ontario M1V 5K9
Tel.: 416 297-2660, 1 800 363-4067
Fax: 416 297-2651, 1 800 219-8988