A gift of real estate enables you to make a bigger charitable difference than you may have thought possible. It also helps you avoid estate taxes, and minimizes or eliminates any burden placed on your heirs.
Charitable gifts of real estate range from personal residences and vacation homes to rental properties, farmland, and commercially developed land.
You may choose to donate real estate outright and receive an immediate tax credit or retain the use of the property during your lifetime and make a planned gift in the form of a Gift of Residual Interest.
We would be happy to work with you to determine how this valuable gift can be best used to meet both your charitable goals and financial needs.
Tangible property includes works of art, books, household furnishings, automobiles, equipment and collections. If you have objects in good condition containing significant value, but they are no longer of value to you, this type of gift is a possibility.
Depending on the value of the asset, such a gift to the Anglican Church of Canada may require signature to a legal document that transfers ownership. Opinions may be needed regarding the object’s origins, history and chain of title/ownership. In addition, an appraisal by a qualified appraiser will be required from you as the donor as well as one by the Anglican Church of Canada for our records.
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.
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, 1-866-924-9192 or [email protected].
Our legal name is “General Synod of the Anglican Church of Canada” and our charitable number is 10808 2835 RR0001