- Impact Society has partnered with The Family Office, a multi-family, full-service financial planning and wealth management firm. The Family Office is dedicated to helping people pursue philanthropic giving as part of their long-term financial strategy and plan. Your legacy is the part of you that lives on in the hearts and minds of others after you are gone. It is the influence you had on your family and loved ones and the impact you had on society. With The Family Office’s expertise, you will be able to effectively transition funds designated toward government taxes into the charities of your choice.
- The Family Office focuses on two primary areas within their Family Philanthropy department:
- “Giving while Living” Analysis (Living Legacy) - This analysis is designed to assist a family in determining if there are available resources to fund their charitable interest. The analysis quantifies the financial impact (if any) on a family if they have a desire of increasing their current annual giving. We typically make our charitable donations by writing a cheque or donating cash. Due to recent favourable tax legislation, the donation of assets, particularly at the time of a sale can decrease the amount of taxes paid, or increase the amount received by charity. The analysis will recommend the most tax efficient method of funding your charitable interests.
- “Estate Tax & Philanthropy” Analysis (Leaving Legacy) - This analysis is designed to assist a family in determining their current and future estate tax liabilities. The analysis quantifies the estate errosion due to taxes and illustrates the impact on your estate of including a charitable gift in your estate to eliminate the estate taxes - in effect, directing money that would be lost in taxes to your favourite charity.
- For more information on planned giving, please contact Tim Mark, Director of Development at tim@impactsociety.com or 403-280-1856, ext 25.
- For more information on The Family Office, please visit: www.thefamilyoffice.ca
- Impact Society is a charitable non-profit society and a Canadian tax-deductible receipt will be issued to you at the end of each year. Our Charitable Registration number is: 893595686RR0001. For questions about tax receipts, please contact Bob Friesen @ Bob@impactsociety.com
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Impact Society is a charitable non-profit society and a Canadian tax-deductible receipt will be issued to you at the end of each year.
Our Charitable Registration number is: 893595686RR0001.
For questions about tax receipts, please contact Tim Mark @ tim@impactsociety.com
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