Planned Giving

Foundation

Planned giving assures a bright future for outstanding patient care and advances in research. We offer a number of ways to leave a legacy, each with its own benefits.

If you would like to discuss your options in confidence, please call the Foundation's planned giving representative, Cynthia Collantes, at 416-864-5879. We also recommend that you discuss your plans with a legal representative.

There are several ways to arrange planned giving:

Bequest in Will
Life Insurance
Appreciated Securities
Endowments

Type	Lifetime Income	Subject to Probate Challenge	Tax Benefit
Bequest	no	yes	tax credit for estate to be passed on to heirs
Life Insurance (new policy)	no	no	tax credit on premium
Life Insurance (existing policy)	no	no	tax credit on cash value and any future premiums if any
RRSP / RIF	no	no	tax credit
Appreciated Securities	no	no	immediate tax credit and no capital gains
Charitable Gift Annuity	yes	no	tax credit and mostly tax-free income
Charitable Remainder Trust	yes	no	large one-time tax credit