A planned gift makes an incredible impact in helping Community Food Centres Canada continue to build a future that we would all like to see. Planned or legacy gifts can come in a variety of ways that can both benefit us as a charity, and offer you significant tax advantages. The charitable tax credit can be maximized to reduce your final income taxes payable.
By leaving a gift in your memory, you are making a significant contribution to the sustainability of the work that we do in building vibrant spaces that bring people together to cook, grow and share.
A planned gift can come in the form of a bequest in your will, RRSP/RRIF, or Life Insurance Policy. A gift of cash or stocks is the most common form of bequest, but you might also consider gifting a life insurance policy. This can be done with either a new policy or an old one. In the case of RRSP/RRIFs - you can name the beneficiaries directly on your RRSP/RRIF and therefore avoid probate fees, as this falls outside of your estate.
Stocks & Assets
Community Food Centres Canada gladly accepts donations of securities, stocks, mutual funds and assets. It’s another opportunity to create a lasting charitable legacy. When you make an outright gift of listed securities (eg shares, bonds) you receive a special tax benefit and will not be taxed on any portion of the capital gain. Therefore you will receive a donation tax receipt for the full amount of the listed securities.
To find out more or arrange a planned gift, please contact Associate Director of Development Sherrie James at 416-531-8826 ext. 238 or at email@example.com