RRSPs, RRIFs and TFSAs can provide tremendous support for the sustainability of the Star of the North Retreat House and its work in our community. They are a fairly straight forward type of gift when the Star is named as the beneficiary. With RRSPs and RRIFs, the proceeds may not come until the estate is settled, as there would be taxes due. TFSAs can come quickly, however, as no taxes are payable.
Other types of assets a donor may consider donating are real estate and land, works of art and other assets. Tax receipts are generally issued for the fair market (appraised) value, but each must be examined individually, as they are not straight forward and no two are the same.
If you wish to make a donation of one of these assets, please contact Lucie Leduc, Executive Director, at (780) 459-5511.