ALS Society of Ontario | www.alsont.ca

You can support the ALS Society of Ontario in a significant way with a charitable gift annuity - enabling you to make a gift and increase your annual income. Charitable gift annuities are especially attractive if you are a conservative investor 65 years of age or older because they represent safe investments that offer significantly higher returns than you could receive through GICs.

The income from your annuity will continue for as long as you live, no matter what happens to the economy or to interest rates. If you are married, you may select an annuity that continues as long as either spouse lives.

Your gift annuity brings you another bonus: depending on your age at which you take out the annuity, a part, or all of each payment will be tax free. In some cases, your donation is also entitled to a charitable tax receipt which will result in tax savings on your income tax return.

You may be wondering how this constitutes a gift to the ALS Society of Ontario. Essentially, the ALS Society of Ontario will use a portion of your contribution to purchase a commercial annuity. The balance remaining becomes the gift portion of the total contribution. You may elect to have these funds used by the ALS Society of Ontario for immediate needs, or you may choose to invest the funds until they reach the amount of your original contribution.