Have you ever had friends and family ask you for gift suggestions for your children? I sure have! The older my kids get the harder they are to buy for. Maybe you’re a grandparent who would like to help contribute to your grandchild’s education but can’t afford to give a lot at once? How about hosting a birthday party where the presents are all RESP (Registered Education Savings Plan) fund donations? Or you’re a parent who wants to contribute to RESP’s for your child but can’t contribute to a regular monthly withdrawal plan?
There are plenty of people who would benefit from a different type of RESP contribution plan! Heritage Education Funds realized this and came up with a creative idea: crowd-funding for your Heritage RESPs!
Heritage Education Funds Inc. is the first company to introduce an online eGifting platform. Their new eGifting program allows their subscribers to create a campaign for their child using FundRazr, Canada’s leading crowd-funding platform, and then share it with their friends & family! You can do this the way you share all the news you have about your children, via Facebook, Twitter and E-mail! Your friends and family can contribute as little or as much as they want and as many times a year as they want. You can even open the campaign up to your community or the world!
Once someone has deposited money in the campaign the subscriber can log into the portal and check on the status of the campaign at any time. At the end of the 30-day campaign, a Heritage representative will contact them to apply the funds to their child’s RESP. As a mom I can totally appreciate this option. I barely have enough time to worry about what to eat for supper let alone making up a gift list for family. Setting up a new RESP with Heritage is super easy too, because it’s an online application form, so you don’t need to worry about it taking long to set up an account or a campaign.
About Heritage Education Funds Inc.
Celebrating fifty (50) successful years in business, Heritage Education Funds is one of Canada’s leading, trusted and experienced providers of RESPs. Focused on offering value to its clients, Heritage is also the distributor of the Heritage and Impression Plans. Heritage’s objective is to encourage parents, grandparents and others to save for a child’s post-secondary education through a planned education savings program. For more information about Heritage, and Heritage Registered Education Savings Plans, visit HeritageRESP.com
Disclosure: I was compensated to write this post by Heritage Education Funds, however all opinions are my own.