Planning for the future – leaving a lasting legacy
Canadian Jesuits International stands in solidarity with men, women, children and communities around the world. We support programs in education, healthcare, sustainable agriculture, livelihoods and income generation, as well as emergency assistance in areas of conflict and natural disasters. From Jamaica to Colombia to India to Syria, we want to support people to improve their quality of life and fulfill their dreams for a better future for themselves and their families.
Your legacy gift will provide vital, stable support to the work of our partners and the Jesuits seeking justice and dignity for marginalized and underserved people across the world.
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 …"
Stocks and securities
Gifts of publicly traded stocks or securities are another way that you can make a charitable gift to CJI. In the case of publicly traded stocks, you will not be required to report any capital gain and you will receive a tax receipt for the full market value of the stocks that you donate on the date they are received in CJI's account. This is the case if you transfer stocks during your lifetime and also if you include a donation of stocks in your will.
Canadian Jesuits International
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We will then sign as the Grantee and send it back to you so that you can forward it to your broker (delivering institution).
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.
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.