Build a Legacy
A planned gift is a special way to partner with Tearfund Canada. You can remember us in your will with a bequest, make a gift of life insurance, donate a gift of stock or make another gift. By making a planned gift, you’ll be leaving a legacy of following Jesus to where the need is greatest, while providing you or your heirs with significant tax benefits.
Below, you’ll find more information about making a planned gift to Tearfund Canada. Your lawyer, accountant, financial planner or insurance agent can help you determine what kind of planned gift would be best for you, your family and your estate.
To speak with one of our staff about a planned gift to Tearfund Canada, please contact Jane Ekuban at 905-415-8181 ext. 209 or through email at firstname.lastname@example.org. Your inquiry and any information exchanged will be held in strictest confidence.
Bequest In A Will
A bequest is a thoughtful way to make a significant gift to Tearfund Canada through a simple provision in your will. Benefits include:
- You retain full control of your assets during your lifetime.
- Your cash resources won’t be affected while you need them.
- The final taxes to be paid on your estate will be significantly reduced, which can be a big advantage for your heirs and a great comfort to you.
There are different types of bequests, so you can choose the one that best suits your circumstances and wishes. You can designate a specific gift amount, or contribute all or a portion of your estate’s assets. Upon receiving the bequest, Tearfund Canada will issue a donation receipt to your estate for the full amount of the gift.
For more information please contact Jane Ekuban at 905-415-8181 ext. 209 or through email at email@example.com. Your inquiry and any information exchanged will be held in strictest confidence.
Make sure your wishes are honoured by having a will. If you die without a will, the government will appoint a public trustee who will decide how the assets of your estate will be distributed.
Gifts of Stock
A gift of stock is an investment in at great Christ centred relief and development organization. You can donate a gift of stock during your lifetime or through a bequest. For further details and benefits, you can read on below and download the gifts of stock donation form. If you have any questions, you may contact Jane Ekuban at 905-415-8181 ext. 209 or through email at jekuban.ca.
Your best tax advantage for a gift of stock is a direct donation, as the federal government has eliminated the capital gains tax payable on the appreciated value. You or your estate will receive a tax credit to lower the income tax payable.
You can also donate the cash proceeds from the sale of publicly traded stocks, but you’ll have to pay tax on any capital gains so your net tax savings won’t be as high.
The value of your donated stocks can be any amount. Your lawyer, accountant or financial planner can advise what method of giving will be the most tax effective for you.
Download Tearfund Canada’s Gift of Stock Donation Form.
For more information, please contact Henry Xu at 905-415-8181 ext. 213 or through email at firstname.lastname@example.org. Your inquiry and any information exchanged will be held in strictest confidence.
Legacy Society Stories
Some of our Tearfund Legacy givers have generously shared their stories and the reasons why they give.