A Gift of RRSPs and RRIFs
“If we won’t ensure the future of the global human rights movement, who will?"
- David Kelleher
Your retirement funds: for saving and giving
You take injustice personally, and you believe everyone has the right to be treated equally and with dignity. You also believe in human rights for all, forever, and you wish to protect and promote human rights for generations to come.
You can be an enduring voice for freedom and justice by making a gift of retirement funds to Amnesty International.
Naming a charity as the beneficiary of your registered retirement savings plan or retirement income fund is easy to do and can be highly beneficial. Simply contact the financial institution managing your retirement plan and sign a declaration (known as a “beneficiary form”) naming Amnesty International Canadian Section (English Speaking) as the beneficiary of the plan.
You can choose to name Amnesty International as the primary beneficiary, or as a secondary beneficiary in the event that your spouse or other primary recipient should pass on before you. It is not necessary to amend your will in order to take advantage of this option, and designating a charitable beneficiary does not affect your own use of the retirement funds in any way. The after-tax amount of funds remaining in the account upon your demise will go to supporting the cause you believe in, and your estate will receive a charitable donation tax receipt for the full amount of the gift.
Two ways to make a gift of an RRSP or RRIF
- Name Amnesty International - Canadian Section (English Speaking) as the designated beneficiary. You can do so with your financial institution on a designated form.
- Leave the proceeds of your RRSP or RRIF to Amnesty International Canadian Section (English Speaking) in your will.
In both cases, Amnesty International will issue a charitable receipt to your estate. By naming Amnesty International as a beneficiary, you will also avoid probate tax and ensure that funds are available to help address critical human rights issues as quickly as possible.
If you choose to withdraw money from your retirement fund during your lifetime to make a donation to Amnesty International, we recommend that you carefully review the tax implications with your financial advisor.
How much can I give?
You can make a long-lasting difference and receive significant tax benefits when you support Amnesty International. Learn how using our new online calculator.
Always seek professional advice
Amnesty International will provide information and assistance to you on this and other ways you can support our work. However, we strongly encourage you to seek independent advice when making charitable gifts of annuities, securities, property, life insurance, wills, trusts, contracts and other legal agreements.