Proclaiming the Good News of Justice and Peace
Throughout our lives we labour in the hope that what we have accomplished on earth will be a lasting legacy for others that follow us. This hope is part of our Christian heritage.
At the end of our lives, what we have accumulated is distributed to those we love. The decisions we make reflect our interests, our desire to help others and our commitment to the work of God in the world.
Generosity is as old as recorded history, reflecting the human desire to give to others in response to God’s grace and love. Through your will, you can make a lasting gift to CJI in support of the many poor and marginalized peoples struggling for social justice and dignity in developing countries.
- Gifts of Cash
Most gifts come to Canadian Jesuits International in the form of personal or business cheques. If you choose to donate this way, please make your cheques payable to “Canadian Jesuits International.”
If you give an unrestricted gift to CJI you will be helping us to respond to the greatest needs, as we assess them, with people and our overseas teams at any one time. Alternatively, you can designate your gift to one of our many programs that you feel most connected to. Please note your program of choice on your cheque in the memo section or simply write “area of greatest need”.
Cash gifts are fully deductible for income tax purposes and you receive the maximum deduction after $200 in charitable giving. Canadian Jesuits International will send you a Charitable Gift Receipt for the full amount of your gift over $20.00 within 30 days of receipt.
- Pre-Authorized Giving (PAG)
As a PAG donor, you authorize CJI to receive a monthly gift from your chequing account or your credit card. It is easy to get started. All you have to do is decide how much you would like to give each month, complete the form attached, and then leave the rest to us. An annual income tax receipt will be mailed to you by February each year covering your total contributions made to CJI during the year. You can change or cancel your contributions at any time.
PAG is the best way to give because:
It is easy and convenient for you. Your gift is automatically made through your bank account or credit card;
It is cost effective for CJI because we can reduce the volume of mail we send, use less paper and keep administrative costs low;
It is a stable and reliable source of funding; therefore we can plan ahead and promise long-term support to our partners.
- Bequest in Your Will
Preparing your Will is an expression of love for those you leave behind; your family, your friends, and the charities whose work you believe in and want to continue to support.
A bequest can be made to CJI through your will. Bequests do not decrease your present income and can be revoked or modified at any time. If you have a will and you would like to modify it to include CJI, your lawyer can prepare a codicil or amendment naming CJI.
Below are some examples of various forms of bequests with appropriate wording:
A General Bequest designates a certain dollar amount of property, usually cash. For example: “I give to CJI the sum of $10,000 to be used for general purposes at the discretion of Canadian Jesuits International”
A Specific Bequest directs a specific piece of property to Canadian Jesuits International. For example: “I give to CJI 500 shares of XYZ stock …”
A Residual Bequest designates all or a portion of whatever remains of the estate after all debts, taxes, expenses or other bequests have been paid. For example: “I give to CJI fifty percent (50%) of the rest, residual and remainder of my estate …”
A Contingent Bequest takes effect under certain condition. For example: “In the event that my wife does not survive me I give to CJI the sum of …”
For more legacy gifts, please see Leaving a lasting legacy.
- Gifts of Insurance
Life Insurance is another way to make a planned gift. You can make CJI the owner or beneficiary of a policy. By doing so, you will receive a tax receipt for the cash value of the policy as well as a receipt for the premiums paid into the future.
Another option is to gift the policy to CJI in your will through your estate. The estate receives a charitable tax receipt for the full amount of the death benefit.
It is also possible to name multiple beneficiaries on a life insurance policy to include both family members and CJI.
- Charitable Annuities
A gift annuity is an arrangement under which you make a contribution to CJI and receive guaranteed payments for life. The amount of these payments depends on your age and the size of your contribution, but they will likely be significantly higher than you are receiving from your present investments, and the annuity arrangement is guaranteed. It will continue as long as you live, no matter what happens to the economy or interest rates.
If you are married, you may choose a joint-and-survivorship annuity which continues as long as either spouse lives. A joint life annuity, based upon the life expectancy of two people, is also available. With a joint annuity, annuity payments will continue unchanged until the time when both annuitants are deceased. Joint annuitants must be related.
Your gift annuity brings you a special bonus at tax time: a sizeable portion, if not all, of your payments will be tax-free. While older annuitants will receive payments that are totally tax-free, all donors are entitled to a donation receipt that will result in a tax credit.
Contact us for a personal consultation and a quotation on rates and payments.
- Securities / Other Property
Gifts of publicly traded stocks or securities are another way that you can make a charitable gift to CJI. Securities include stocks, bonds, treasury bills, warrants, futures, mortgages, GIC’s and mutual funds. Real property and RRIF’s may also be donated. Real property is land and buildings. Other property may be any other personal property such as works of art, jewellery, paintings, etc. Donating property provides a simple means to provide a gift without first having to sell the property being donated.
You will receive a charitable tax receipt for the fair market value of the gift. In the case of publicly traded stocks, the capital gain will be totally eliminated when appreciated securities are donated.