A cash gift is a voluntary transfer of cash without consideration. Cash gifts can take the form of bills, cheque, credit card or other bank instruments. You can make a cash gift online or through the mail.

The Foundation has partnered with Willfora to provide you with a free resource that helps make creating or updating a will easier than ever. Willfora lets you create a legal will online in 20 minutes or less. It also gives you the option to support causes that are important to you.

Start your will for free now!

A gift in your will shows your passion, values and hopes. It also lets you make a larger donation than would be possible during your lifetime.

By naming the Anglican Diocese of Toronto Foundation as a beneficiary in your will, you can give a percentage of your estate, a sum of money, a gift of property or a gift of securities. Your estate will receive a tax receipt for the value of the gift, which may reduce the taxes payable by your estate.

The benefits of making a bequest:

• It can be a lasting legacy for you, your family, or anyone you may wish to honour.
• You keep full control of your assets during your lifetime.
• It can provide tax relief to your estate.

You can decide at any stage in your life to leave a gift in your will to the Foundation. Talk to your family, talk to your financial planner and talk to us.

If you decide to leave a gift in your will, please complete the Bequest Confirmation Form to share your wonderful news with us.

There are many options for legacy gifts. Consult with your legal and financial advisors to consider all the relevant issues and income tax provisions.

Gifts of life insurance are made by transferring ownership of an existing or new policy to the Anglican Diocese of Toronto Foundation.

Gifts of life insurance are an affordable way to make a difference. A modest annual premium paid over time will result in a significant future legacy.

There are three ways of making a gift of life insurance:

1. You can donate an existing policy and receive a charitable tax receipt for the net cash surrender value (less any outstanding policy loans) and any premiums paid after the date of transfer of ownership to the Foundation.
2. You can take out a new life insurance policy, name the Anglican Diocese of Toronto Foundation as the owner and beneficiary, and receive a charitable tax receipt for any premiums paid after the date of transfer of ownership to the Foundation.
3. You can name the Anglican Diocese of Toronto Foundation as beneficiary of your policy, or the life insurance policy from your employer, and your estate will receive a charitable tax receipt equal to the death benefit proceeds paid directly to the Foundation.

When you donate publicly traded stock and securities, you’ll receive a tax receipt for the full appreciated value of a donation of publicly traded stock or securities, and you won’t be subject to any capital gains tax.

Benefits of making a gift of stock or securities:

1. Capital gains tax on publicly listed stocks and securities are exempt when you donate your shares to the Anglican Diocese of Toronto Foundation rather than selling and donating the proceeds.
2. The value of your tax receipt will be based on the market closing price on the day the foundation takes legal receipt of your stock or securities into our brokerage account.
3. You may claim charitable donations up to 75 percent of your net income, and a five-year carry-forward on any unused donation amount is permitted.