Community foundations provide a simple, powerful and highly personal approach to giving. We offer a variety of giving tools to help you achieve your charitable goals and receive maximum tax benefits. We are pleased to work with you and your advisor (lawyer, accountant, life insurance agent or financial planner) to integrate your financial and estate planning with charitable giving that best suits your personal needs and philanthropic goals.
gifts of cash
An outright gift of cash is the simplest
way to give and may be the best for you. The Guelph Community Foundation can invest your gift immediately. You receive a receipt for the full amount of your donation which results in immediate tax savings. Click here for more information.
gifts of securities
Individuals continue to gift stock and if you are interested in donating securities
contact our office and we can provide you and/or your advisor 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 fund.*
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, you 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. You leave a legacy to your community while enjoying the assets you need to maintain your current lifestyle. Your estate receives a donation receipt that can be used to reduce income tax payable by the estate. If you have 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 your wishes and fund options with you. If you are interested in receiving sample will wording to share with your lawyer, please contact our office.
gifts of life insurance
A gift of life insurance can allow you to make extraordinary gifts 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, you receive a donation receipt for the policy’s cash value and any future premiums you pay.
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 you are considering this type of gift.