Reduce your taxes while giving

Donation or bequest

Maximize tax savings through donation and realize savings during the same year or through a deferred gift, such as a bequest.

Stocks and securities

Did you know that by donating private shares or stock options to CMCC, you can receive a tax credit along with a donation receipt for the market value of the securities without paying a capital gain tax?

RRSPs and RRIFs

By naming CMCC as the beneficiary of an RRSP or RRIF, you can offset taxes on your estate. A large enough charitable donation may completely offset the taxes payable on the proceeds.

Life Insurance

There are several ways to use an insurance policy to donate to CMCC either while retaining the policy or transferring it to CMCC and receiving a receipt for the premiums.

Endowment funds

Create a legacy with as little as $15,000. Endowments are individually recorded and managed by RBC through a Board of Governors' approved investment strategy.

Some funds provide annual financial awards for students, while others direct funds towards acquisitions for the library, sports or other programs. Donors may present their awards to student recipients during the annual awards ceremony.

The information provided is general in nature, does not constitute legal or financial advice, and should not be relied upon as a substitute for professional advice. We strongly encourage you to seek professional, legal, estate planning and financial advice before making any decisions.