Community foundations provide a simple, powerful and highly personal approach to giving. We offer a variety of giving tools to help your clients achieve their charitable and philanthropic goals while receiving maximum tax benefits.
gifts of cash
An outright gift of cash is the simplest way to give and may be the best for your client. The Guelph Community Foundation can invest the gift immediately. Your client receives a receipt for the full amount of their donation which results in immediate tax savings.
gifts of securities
Individuals continue to gift stock and if your client is interested in donating securities
contact our office and we can provide you with a Securities Transfer Form
. We support charitable giving by helping people and organizations maximize the impact of their gift
in a cost-effective and simple manner.
There are four main ways
donors like to give stock and many like to choose a combination of the four options:
1] Establish their own endowment
2] Establish an immediate impact flow-through
fund (an annual 'one-off' charitable donation distributed to a qualified charitable organization(s) within one year).*
3] Donate to an existing fund
4] Donate to The Guelph Community Foundation (GCF) Community Fund
* Minimum donations and administration fees may apply.
With a gift of stocks, bonds, mutual funds or employee stock option shares, your client will receive a donation receipt for the market value of the securities on the date of transfer to The Foundation.
gifts of RRSPs/RRIFs
Portions of many Canadians' estates are made up of RRSPs or RRIFs. These registered plans deserve special attention when considering a charitable gift. By designating a charity as the beneficiary of a RRSP/RRIF you reduce estate taxes and probate fees. In Ontario, assets transferred to a designated beneficiary will pass outside of the estate and therefore are not included as assets of the estate.
A gift by will is the simplest and most common form of a deferred gift and a powerful choice to planned giving. Your client can leave a legacy to their community, while enjoying the assets they require to maintain their current lifestyle. Their estate receives a donation receipt that can be used to reduce income tax payable by the estate.
If your client has already made a provision for a future gift to The Guelph Community Foundation, we would be delighted to hear from you. We treat all information in strict confidence and would be happy to discuss fund options with you and your client. If you are interested in receiving sample will wording to share with your client, please contact our office.
gifts of life insurance
A gift of life insurance can allow your client to make an extraordinary gift at a manageable cost either through an existing policy or a new one. By naming The Guelph Community Foundation as owner and beneficiary of the policy, they will receive a donation receipt for the policy’s cash value and any future premiums paid.
gifts of other assets
(property, art, closely held corporate securities, gifts-in-kind)
The Foundation will consider gifts of other assets on an individual basis because there are a number of factors to consider with each type of gift. Please contact The Foundation office if your client is considering this type of gift.