Greater Edmonton Foundation Housing for Seniors

Many individuals have as part of their retirement plan tax-deferred instruments such as RRSPs, RRIFs, pensions or annuities. At death, the total value of these funds must be reported as income and are fully taxable to the owner’s estate if there is no named qualifying beneficiary.

GEF may be named as the beneficiary directly on retirement plan documents or in the will. Upon receiving the plan, the donor’s estate will be issued a tax receipt for the value of the donation.

Donations of a retirement plan to GEF can significantly reduce tax for the estate, providing greater assets for your residuary beneficiaries.

If you are interested in donating securities please contact the GEF Fund Development Office at 780-482-6561.  We encourage you to consult with your lawyer and/or financial advisor.