Fundraising Knowledge

	Regular Giving
	Legacy Giving

Regular Giving

We encourage people to use different giving ways for supporting NGOs. Regular giving is one of the common fundraising strategies. To encourage donors making donation monthly, it will create stable income sources to NGOs. In Hong Kong, some cooperates encourage their staff for having payroll giving in order to support the charities. At the same time, the corporates make donation to the beneificial agencies that support their staff action.

HKCSS has been providing professional consultancy services in organizting payroll giving services. Please contact us if you need further information.

Legacy Giving

What is Legacy Giving

A legacy gift or planned gift, is a charitable gift made from your estate and a commitment to the future. These types of deferred gifts can help you make the most of your assets without lessening your current income, while at the same time, making a powerful impact on the lives of many underprivileged for future generations.

Types of Legacy Gifts

A legacy gift comes in many forms and is primarily pledged as a gift through a will. Types of legacy gifts include:

A bequest , is a gift made through your will. It can be a specific amount, a proportion of your asset, a specific asset or the right to use your property. A bequest can also be restricted or unrestricted to meet where need is greatest.

A gift of life insurance allows you to make a significant contribution for a fairly small annual payment. You can designate a specific percentage of your policy to charities of your choice through your insurance company.

For enquiries on giving of life insurance, you may contact the LifeCare Movement ( www.lifecare.org.hk ) organized by the Life Underwriters Association of Hong Kong ( www.luahk.org ).

Are Legacy Gifts Eligible For Tax Exemption in Hong Kong

Yes. Under the Estate Duty Ordinance of HKSAR , “d onations to or for the benefit in Hong Kong of any approved charitable institutions or to the Government of the Hong Kong Special Administrative Region for charitable purposes ” are eligible for tax exemption. For more details and to download the application form, please click to the Inland Revenue Deparment Webpage

Charities at Your Choice

If you want to know more about charity work in Hong Kong for making your choice of beneficiaries, please click HERE

Need More Information

You are most welcome to contact us if you need further information on making a legacy gift.