Leave a Legacy

Depending on the type of financial investments you may have, there are several customizable ways to ensure that your gift’s impact endures for generations to come.

1. Wills and bequests – Wills are simple to create and do not need to be expensive. You may choose to leave a portion of your property as a donation to Tearfund Canada in your will. Often this will lead to reduced tax burdens for your family.

2. Stocks & Securities – Making a contribution to Tearfund Canada with your stocks can be of great benefit to you. There are no taxes on capital gains when you directly transfer ownership to a charity. All gifts made through a stock, mutual fund, bond, or shares publicly traded on a CRA recognized stock exchange are eligible for a charitable deduction tax receipt.

3. Property and endowments – Endowments are pooled donations that ensure your permanent impact on the lives of many impoverished families. Your donation remains protected and untouched in this fund. When these funds are invested, their value grows, enabling Tearfund to continue reaching the places of greatest need.

4. Gift annuities – Gift Annuity agreements provide you with a life-long stream of annual tax-free income in exchange for contributing a sizable amount to Tearfund Canada, either through cash, securities or personal property. 

5. Gifts in memory – One of the most meaningful ways to honour the life of your loved one or friend is to help ensure the local church fulfills its mission as Jesus’ hands and feet in this world. When you make a gift to Tearfund in memory of your loved one, Tearfund will send a letter on your behalf to the family, acknowledging your thoughtful gift.

6. Life insurance – The gift of life insurance is a cost-effective way to support Tearfund’s long-term goals. A qualified financial advisor can help you create, transfer, or designate a beneficiary for a life insurance policy. This allows you to be eligible for several tax savings.