Planned Giving
Gifts in Your Will
You can make a lasting impact in the lives of children, youth and families. The vital work of the Catholic Children’s Aid Foundation (CCAF). The actions we take today can alter the future for many families by leaving a gift in your Will, you take a leading role in protecting children and helping families for generations to come.
Why We Need Your Help
Children deserve empowering, life-changing support for them to grow and live productive lives. You can make a lasting impact in the lives of children, youth and families.
Simple Ways You Can Make An Impact
Gifts That Cost You Nothing Now
You can help children and families by leaving a gift in your will.
To create your lasting gift for children, youth and families, you simply sign your name. That’s how easy it can be to include a gift in your will. It costs you nothing now, but your impact goes on for generations protecting the future of children, youth and families. Once your family and friends are provided for, please consider making your love for the well-being of children part of your life story with a gift in your will
The Catholic Children’s Aid Foundation receives the remainder or residue of your estate after the other bequests to loved ones have been made and all debts have been paid.. An example is after you have provided for your family and friends you would leave what’s left, or the residual, to help make a lasting difference in the lives of children, youth and families. This gift will be used where it is most needed. People prefer to give a residual gift as it retains its value over time to give the most benefit to areas they are passionate about.
The Catholic Children’s Aid Foundation receives a specific dollar amount or a specified gift-in-kind (collections, art, jewelry, etc.). This gift will be used where it is most needed. Gifts-in-kind will be sold and the proceeds will be used for help children, youth and families.
All you need to do to leave a gift in your will is write a few sentences.
The following information will be helpful when you meet with your lawyer to draft or update your will.
- Legal Name: The Catholic Children’s Aid Foundation
- Charitable registration number: 720484682 RR 001
- Address: 2206 Eglinton Ave. E., Scarborough, ON M1L 4S7
Sample wording for a residual bequest:
“I give to the Catholic Children’s Aid Foundation all (or %) of my estate, to be used where it is needed most.”
Sample wording for a specific bequest:
“I give to the Catholic Children’s Aid Foundation the sum of $__ to be used where it is needed most.”
Gifts That Benefit Your Loved Ones
You can make a gift that will help children, youth and families for generations to come and, at the same time, provide for your family and friends.
Ways you can make a gift though life insurance:
- One way to leave a gift through insurance is to purchase a new life insurance and name the Catholic Children’s Aid Society as the owner and beneficiary. You will a tax receipt for all premium payments.
- Another way to make a gift is premiums that are still being paid on a policy, you can transfer ownership to the Catholic Children’s Aid Foundation and receive tax receipts for all future premium payments.
- You may also gift a paid-up life insurance policy by simply naming the Catholic Children’s Aid Foundation as the owner and beneficiary of the policy and receive an immediate tax receipt for the fair market value of the policy.
Other ways to Give
You have many options to give a transformational gift to help children for generations to come.
Content to come.
If you have any questions about what type of gift will work best for you, please contact us at 416-395-1658. Our staff will be happy to work with you and your family to help you meet your philanthropic goals. When making decisions concerning a gift in your Will, the Catholic Children’s Aid Foundation recommends you seek independent professional advice from your lawyer or financial advisor before making a gift.
Want To Make A Gift Today?
It is easier than ever to make a lasting gift in a few minutes. It costs you nothing to make a gift that will transform the lives of children and families now and for generations to come. You don’t require assistance from lawyers or advisors, although the Catholic Children’s Aid Foundation strongly recommends you consult with a professional advisor before making a gift. The only thing you need is a Registered Retirement Savings Plan, a Registered Retirement Income Fund or Life Insurance Policy.
It’s As Easy As…
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Request a Multiple Beneficiary Designation Form for your Registered Retirement Savings Plan, a Registered Retirement Income Fund or Life Insurance Policy from the administrator of your plan.
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Request a Multiple Beneficiary Designation Form for your Registered Retirement Savings Plan, a Registered Retirement Income Fund or Life Insurance Policy from the administrator of your plan.
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Why Give?
The actions we take today will decide the future for many children and families. By leaving a gift in your Will, you take a leading role in protecting children and helping families for generations to come. By including a gift in your will, you can:
Make the lives of many children, youth and families better. Your gift can help children, youth and families.
Make a more substantial gift than you could during your lifetime and change many lives.
Help to eliminate significant taxes payable upon your death.
Change your mind in the future if your family or friends need more support. Your will is always under your control.
See How Your Donation Can Improve The Lives of Our Children and Families
Please contact us if you have named the Catholic Children’s Aid Foundation in your current will or other estate plans.
Thank you for your generosity.