Ways to Give
There are several ways to give. Donations can be made to the Port Perry Hospital Foundation by cheque, Visa, or MasterCard. Three options are available.
- Call 905.985.7321, ext. 5580 or
- Download the printable donation form and mail it to us (coming soon).
- Donate online through CanadaHelps.org!
A donation given in lieu of flowers is a wonderful way to celebrate the life of someone who has passed away. These donations are applied directly to equipment needs to help patients at the hospital.
When you give a memorial gift to Port Perry Hospital Foundation, we send a note to the next of kin acknowledging your thoughtful contribution in memory of their loved one. (The amount of your gift is kept strictly confidential.) We then forward a charitable tax receipt to you.
When sending a memorial donation, print and fill in the donation form, including the name of the deceased, as well as the name and address of the next of kin.
Mail your gift to:
Port Perry Hospital Foundation, 451 Paxton Street, Port Perry, ON L9L 1L9
In Honour Gifts
People give in-honour donations to mark a special occasion, such as a wedding or anniversary, or to say “thank you” to someone. We acknowledge these gifts by sending a card to the celebrant in your name, and you will receive a charitable tax receipt. As with memorial giving, the amount of your gift is not disclosed.
Many people who have had their lives touched by doctors and staff at Port Perry Hospital decide to leave donations to the Foundation as part of their estate planning. Legacy giving is a thoughtful way to support the hospital you care about either now, or after you’re gone.
Legacy gifts can include bequests, stocks and bonds, life insurance, charitable trusts, retirement plans and property.
Giving a legacy gift requires thorough planning, involving family members and financial professionals. Timing and taxes have a significant affect on the important decision to make a legacy gift.
A charitable bequest is a gift specified in your will.
You can designate a certain amount of money, a particular asset, a part of your estate, or your entire estate to Port Perry Hospital Foundation. We recommend that you speak to a lawyer to ensure your wishes are set out clearly in your will.
Specific Bequests are when you designate a specific dollar amount or piece of property. Residual Bequests are when you donate all or a portion of your estate to the beneficiary after all your debts, taxes, expenses and other bequests have been paid.
The Port Perry Hospital Foundation can help to ensure your wishes are honoured; call 905.985.7321 ext. 5581 for more information.
Stocks and Bonds
Giving publicly-listed securities, like stocks, bonds or mutual funds is an excellent way to support Lakeridge Health Port Perry and it provides great tax advantages to the donor.
Call the Foundation at 905.985.7321 ext. 5581 for the information you will need to transfer your securities. Then contact your broker or financial advisor to discuss making a gift of securities to your local hospital. Your broker will contact Port Perry Hospital Foundation to arrange the transfer. Securities are equally effective when given today or in the future. You will receive a charitable gift receipt for your donation and save the capital gains tax. When you transfer securities to the Port Perry Hospital Foundation you receive a donation receipt for the closing price on the date of the transfer without activating the capital gains tax.
There are a few ways to use life insurance to make a gift to Lakeridge Health Port Perry. You can give ownership of a new or an existing policy to the Port Perry Hospital Foundation, or you can name the Foundation as the beneficiary of the policy. There are different tax consequences that benefit different stages of life with each option.
You can appoint the Port Perry Hospital Foundation as the beneficiary of your RRSP or RRIF, or make a donation in your will equal to the proceeds from your retirement plan. The charitable donation tax credit has been extended to include the proceeds from RRSPs and RRIFs. If you name the Port Perry Hospital Foundation as the beneficiary of your retirement plan the proceeds may be transferred directly to the Foundation, which could help protect the gift from other estate costs.
You can set up a trust fund with your gift. The trust will allow you to assign interest income to your loved ones during their lifetimes. Upon your death and that of any beneficiaries the capital is transferred to the Foundation.
You can donate real estate, shares in privately-held corporations, royalty interest, works of art, jewellery and other property to Port Perry Hospital Foundation.
Please note: This information is available to assist in discussions between you and your financial advisor and is not intended as legal advice. We recommend you seek advice from a qualified professional to decide if Legacy Giving is right for you.