A. DONATING DIRECTLY TO THE LEGACY FOUNDATION
The Saint John’s Legacy Foundation is accepting contributions to any and all of its three purposes.
TYPES OF GIFTS
- Gift by means of Cash / Cheques: This is the simplest way to give that will allow you to receive a charitable donation receipt for the year in which the contribution was made.
- A Gift of Publicly Listed Securities: A gift of securities is the transfer of ownership of stocks or bonds to the Foundation. By donating shares in kind, the entire gain is tax exempt compared to the 50% capital gains tax you may be subject to by selling them personally.
- Life Insurance and a Bequest by Will: Insurance and bequests can both help the Foundation and your own estate. Please contact us for details.
B. DESIGNATED FUNDS WITHIN THE LEGACY FOUNDATION
The Legacy Foundation is also administering funds designated by Donors that fit within our criteria. Donation receipts are issued to the “Donor” from the Legacy.
As an example, the Ezra Designated Fund was established in 2013 with $70,000 to be disbursed at the direction of the “Donor”. The “Donor” provides written instructions to the Legacy Foundation administrator who then writes out cheques from the designated fund to the chosen Canadian charities.
If you have a vision and a dream to help others and make a difference, please consider a designated fund with the Legacy Foundation. A minimum amount of $10,000 would be required to set up a fund.
The Saint John’s Legacy Foundation