Planned Giving

“In delay, there lies no plenty”

—William Shakespeare

The Parksville-Qualicum Foundation (PQF) is dedicated to enriching and strengthening our communities. 

Like successful community foundations across Canada, the PQCF is building permanent endowment funds, the interest and earnings from which will benefit charitable organizations for many years to come.

To be successful and to grow, the PQF needs community support, through planned givingSome donors consider designating charities as beneficiaries of the proceeds from RRSPs or RRIFs, to reduce the amount of tax that would otherwise be payable by the estate at the time of death.

Moving through life, lifestyles and financial circumstances change, and so do the ways that donors might choose to support charities:

  • Many people in their 30’s look for more convenient ways to give, and choose monthly giving with automatically deducted donations
  • In their 40’s and 50’s, people often have high levels of personal debt and have high needs for annual tax savings. For this group, charitable giving using a life insurance policy is a great way to make a significant future gift with modest current premium contributions, that also generate a tax credit each year
  • In later careers, many people own stocks, mutual funds, and stock options. If these have increased in value, funding a gift by donating these assets lets the donor take advantage of special capital gains tax and enjoy some tax savings
  • In the retirement years, many people begin to think about charitable gifts in their will, called bequests. These gifts can be a specific amount a percentage, or the residue of an estate


There are many strategies to support planned giving. Contact your financial advisor for more information.