Gifts of RRSP/RRIF Funds

Retirement funds are an excellent way to grow wealth during your lifetime, but not always an effective way to transfer wealth to the next generation. While contributions to these funds are free from taxation when the contributions are made, at death the total value of these assets must be reported as income and are fully taxable to the owner’s estate if there isn’t a qualifying beneficiary.

Whether you are enrolled in an RRSP or have already converted your RRSP to an RRIF, you can name the Stella’s Circle Foundation as the beneficiary of all or a portion of any retirement funds remaining.

The advantages of donating RRSPs and RRIFs:

  • The tax credit your estate received as a result of the donation will offset the tax on the proceeds.
  • Gifts of RRSPs and RRIFs fall outside your estate and are not subject to probate fees.
  • You have the satisfaction of providing a future gift while retaining ownership and use of the fund during your lifetime.

“I will always consider myself lucky to have had Stella’s Circle through some of the hardest times of my life.”


It is a very easy gift to make. Changing your beneficiary is simple as visiting your RRSP/RRIF administrator.

When changing the beneficiary designation, the following charitable information will need to be provided to your RRSP/RRIF administrator:

Stella’s Circle Foundation Inc.
142 Military Road, St. John’s, NL  A1C 2E6
Charitable Registration #: 842184871RR0001

If you have named Stella’s Circle as a beneficiary, we hope you will let us know so we have the opportunity to thank you for your gift. We value your commitment to Stella’s Circle and we would like to keep you updated on the activities of the organization.

Download our Gifts of RRSP package HERE

Contact Stella’s Circle:

Contact Craig Drover, Donor Relations, at [email protected] or 709-738-7730 for more information about our Planned Giving opportunities.

Registered Charitable Information:

Stella’s Circle Foundation Inc.
142 Military Road, St. John’s, NL  A1C 2E6
Charitable Registration #: 842184871RR0001

Disclaimer: Stella’s Circle Foundation Inc. has prepared this document for information only; it is not intended to be legal or financial advice. You should consult a legal or financial professional about your unique circumstances before acting on this information. Stella’s Circle Foundation Inc. and its affiliates and partners excludes all liability for anything contained in this document and any use you make of it.