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.
Canadian Jesuits International
Canada Revenue Agency charitable registration number: 11883 3623 RR0002
70 Saint Mary Street, Toronto, ON, Canada M5S 1J3
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.
Stocks and securities
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, GICs and mutual funds. In the case of publicly traded stocks, the capital gain will be totally eliminated when appreciated securities are donated.
To donate stocks or other securities, please print out and fill in this Donation Form and send it to:
Canadian Jesuits International
70 Saint Mary Street
Canada M5S 1J3
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.
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.
Please contact us for a personal consultation and a quotation on rates and payments.
Real and other property
Gifts of real property 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.