Interested in making a significant donation to the HEC Montréal Foundation through an endowment fund, but concerned about the impact on your estate? Here’s a way you can have an immediate impact while still safeguarding your assets for your heirs.
Use the tax savings resulting from your charitable donation to take out a new insurance policy naming your estate, your family or your loved ones as beneficiaries.
Suggested reading: Create an endowment fund
The HEC Montréal Foundation’s CRA registration number is 118924158 RR0001.