Ways to Give
From a small one-time gift to a recurring monthly contribution, your donation will help children with disabilities; their families and make a lasting impact on our community.
One-time & Monthly Donations
Make a one-time or monthly donation to support the work of Variety – the Children’s Charity of Ontario where the need is greatest.
Your legacy. Your way.
The life you’ve built says a lot about you, your values and what you care about the most. Your charitable gift will build a brighter future and leave a legacy that lives on through generations of changemakers.
Planned giving options provide income or potential savings now and in the future, without affecting your present lifestyle. Explore your options below.
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When you make a memorial donation for a loved one or friend, Variety – the Children’s Charity of Ontario will send a letter on your behalf to the family acknowledging your thoughtful gift. By choosing to celebrate the life of a loved one through a memorial donation, you inspire and enable Variety Ontario to positively impact the lives of children and families.
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Make Variety – the Children’s Charity of Ontario a beneficiary in your will and know that your legacy will live on for generations. All it takes is a simple clause in your will to leave a gift of hope – and to continue transforming lives for years to come.
It’s easy to add Variety – the Children’s charity of Ontario to an existing will. It has little or no effect on your current finances and significantly reduces the taxes payable by your estate. Tax receipts for the full amount of your donation may offset capital gains or other taxes payable and lessen the financial burden to your loved ones.
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A gift of securities to Variety – the Children’s Charity of Ontario is one of the most financially sound ways to support our programs. When you donate stocks, mutual funds or other types of securities to a charity, you pay no capital gains tax. You’ll also receive a tax receipt for the full amount of the gift.
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By donating a life insurance policy, you can be remembered for being a global neighbour by extending your values to people in need. You can donate either a new or existing policy and receive a tax receipt for your annual premiums.
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Retirement Funds
When you name Variety – the Children’s charity of Ontario a as a beneficiary, your estate will receive a receipt to offset taxes due from the distribution of the RRSP or RRIF, which are among the most heavily taxed assets you own.Endowment Funds
You can create an endowment fund by donating substantial gifts of cash or assets. Name it for yourself or a loved one. Endowment funds may be pooled, and individual endowments may require a minimum contribution. When you create an endowment, your donation is invested permanently and the income is used to support Variety’s programs. You may direct your endowment fund toward community programs that are important to you. Or, you may allow us to use the funds where most needed.Property
You can choose to give property. Charitable tax receipts can be given for established fair market value at the time of the transfer of the property. An independent evaluation may be required to determine fair market value. -
A charitable gift annuity is a contract between a donor and a charity with the following terms: As a donor, you make a sizable gift to charity using cash, securities or possibly other assets. In return, you become eligible to take a partial tax deduction for your donation, plus you receive a fixed stream of income from the charity for the rest of your life.
FAQ’s
Need professional advice? Steve Humble, Financial Advisor, Edward Jones (647) 220-3373 www.edwardjones.com
What is Planned Giving?
Planned or legacy giving is the designation of charitable gifts through a financial or estate plan. These are generally gifts of assets or a bequest in your will, not current income.
How does Planned Giving benefit me?
Depending on the type of asset donated, planned giving can offer significant tax advantages to you now, or to your heirs when you’re gone. It’s also a way to make a much more substantial gift than might ever be possible otherwise.
What is a bequest?
A bequest is simply a gift of money or assets such as cash, stocks, bonds and securities to individuals or organizations in your will or estate plan. A bequest made to a charity or non-profit organization can also be called a charitable bequest, legacy gift or planned gift.
Simply contact your lawyer and have them include a clause in your will naming Variety-the Children’s Charity of Ontario as a beneficiary. If you already have a will, you can still include a bequest by adding a codicil to your existing will.
If you require professional advice yet don’t know where to turn or who to turn to, you are free to consider using one of our recommended financial experts below. There is no obligation or cost for a private consultation.
Vic M. Sarju, Senior Financial Advisor & Life Insurance Advisor, Financial Horizons Group (416) 560-0985 vsarju@vicsarju.com, www.vicsarju.com
Get in Touch
If you’d like to learn more, please contact Tanishka Warekar, Manager, Philanthropy & Partnerships at 416-699-7167 ext 292 or click to email below.
We strongly encourage you to seek independent advice when executing gifts of securities, property, life insurance, charitable gift annuities, wills, trusts, contracts and other legal agreements.