Your legacy gift helps to provide the ministries of the Anglican Church of Canada with a sustainable resource that will be used to enhance our ministries now and in the future. Remember the Anglican Church of Canada in your will, along with loved ones and others who have given your life meaning. This is one of the simplest and most flexible ways to create a lasting legacy
A bequest is a lasting gift from the heart with practical benefits to your surviving heirs. Your estate receives a tax receipt for the full amount of the donation, which may offset capital gains or other taxes due. You may designate the gift to specific ministries, or allow the General Synod of the Anglican Church of Canada to put it to work where it is most needed at the time. All undesignated bequests made to the Anglican Church of Canada supports emerging and unfunded priorities.
Bequests may come in the form of a percentage of your estate, specific cash amount, property, securities, or other assets. A charitable bequest has no effect on you financially in your lifetime.
All it takes is a simple clause in your will to leave a gift demonstrating your commitment to the work of the ministries of the Anglican Church of Canada — and continue transforming lives long after you have gone. Your lawyer can include a simple clause naming the General Synod of the Anglican Church of Canada as a beneficiary. If you already have a Will, the easiest, least expensive way to include a bequest is to add a codicil, where you specify your gift and name the General Synod of the Anglican Church of Canada as beneficiary. The provisions of your existing will remain unchanged.
Note: A codicil is often added after the completion of a Will. The testator (the person making the will) may have a change of heart regarding a specific bequest, the division of their property, or inclusion or exclusion of someone to the Will. In this case, the testator may execute a codicil, an amendment, to the Will. (from canadalegal.com)
Sample clauses for wording your bequest
Proper wording is vital to the validity of a bequest. The Anglican Church of Canada recommends the following will clauses for your use:
Specific amount bequest:
“I DIRECT my trustee(s) to pay the sum of _________ DOLLARS ($__________ ) to THE GENERAL SYNOD OF THE ANGLICAN CHIRCH OF CANADA, currently located at, 80 Hayden Street, Toronto, Ontario M4Y 3G2 for its *general purposes. The receipt of an appropriate officer of the General Synod of the Anglican Church of Canada shall be a sufficient discharge of my Trustee(s).”
*general purposes – should you want to leave a gift to a specific ministry of the General Synod of the Anglican Church of Canada, please note it here. For instance, you may wish to give to the Council of the North or to Public Witness for Social and Ecological Justice, etc.
Residual bequest:
“I DIRECT my trustee(s) to pay (insert number that equates to percentage) parts of the residue of my estate to THE GENERAL SYNOD OF THE ANGLICAN CHIRCH OF CANADA, currently located at, 80 Hayden Street, Toronto, Ontario M4Y 3G2 for its *general purposes. The receipt of an appropriate officer of the General Synod of the Anglican Church of Canada shall be a sufficient discharge of my Trustee(s).”
*general purposes – should you want to leave a gift to a specific ministry of the General Synod of the Anglican Church of Canada, please note it here. For instance, you may wish to give to the Council of the North or to Public Witness for Social and Ecological Justice, etc.
The decision to leave a gift in your will to the ministries of the Anglican Church of Canada may take place at any stage in your life. Talk to your family; talk to your financial planner and talk to us.
Should you decide to leave a gift in your will, please email [email protected] to share your wonderful news with the Manager of Major Gifts and Legacy Giving.
Disclaimer
There are numerous options for legacy gifts. We encourage you to consult with your legal and financial advisors to consider all the relevant issues and income tax provisions.
Let’s connect
Brochures are available on the various ways to give a planned gift. For any of these brochures, or for advice on how to give, please contact Resources for Mission at 416-924-9192, 1-888-439-GIFT (4438) or [email protected].
Our legal name is “General Synod of the Anglican Church of Canada” and our charitable number is 10808 2835 RR000.