Parishes should read the diocesan Policy on Memorial Gifts to Parish Churches before they accept a memorial gift of significant value from a donor. The policy clearly identifies:
- that the donor must give up full ownership of the gift;
- the Diocese’s responsibility to the donor;
- how specific religious articles are to be disposed of in the event that they are no longer needed or cannot be used.
The donor is required to sign a ‘Letter of Agreement for Giving a Significant Memorial Gift’ acknowledging that the gift is transferred to the parish and that the donor relinquishes any future claim to the gift. The “Letter of Agreement for Giving A Significant Memorial Gift” can be downloaded.
For further information, please contact David Badian, Director of Property Resources, 416-363-6021 ext. 245 (1-800-668-8932).