ABC Life Literacy Canada is grateful for the support of individuals from all over Canada. There are several ways you can join our impressive list of individuals who are passionate about the cause of literacy.
There are several ways you can make a one-time gift to ABC Life Literacy Canada:
Donations of $20 or more will receive a charitable tax receipt.
There are many benefits when you become a monthly donor to ABC Life Literacy Canada:
Monthly donations also mean less paperwork and less administration time, resulting in a wonderfully cost-effective and environmentally-friendly means of giving.
There are several ways you can make a monthly gift to ABC Life Literacy Canada:
Making a donation to ABC Life Literacy Canada in the name of someone special is a meaningful way to honour those close to you. Tribute gifts may be made to celebrate any special occasion such as a birthday, anniversary, wedding or retirement, or to simply say “thank you.” Memorial gifts are a thoughtful way to honour the life and memory of someone who has passed away, and to show your support to their family and loved ones.
To make a tribute or memorial gift:
Good news for both donors and charities - following the elimination of capital gains on donations of publicly traded securities in 2006, gifts of stocks are now the most tax-efficient way to make a charitable donation. They’re also an excellent way for donors to make a greater impact with their gift.
Example: Two years ago, you purchased common shares in XYZ Company for a cost of $1,000. If the current market value of the shares has increased to $5,000, you would have a capital gain of $4,000. If you sell these shares, and donate the cash, you would need to pay tax on the capital gain. Instead, by donating the shares, you get a tax receipt for the $5,000 and pay zero capital gains tax. As a result, you now have a tax credit of $2,300, which is $920 more than if you had sold the shares and donated the proceeds. Thus, this method of giving is more tax-efficient.
For more information on the gift of stock, please contact Margaret Eaton at 416-218-0010 ext. 120, or toll-free at 1-800-303-1004 ext. 120, or by email at meaton@abclifeliteracy.ca.
Planned giving is an inspired way to leave a future gift of literacy while enjoying significant tax benefits today. There are a number of planned gift options including bequests in a will, life insurance, gifts of RRSPs or RRIFs, and many others.
For more information about planned giving, please contact Margaret Eaton at 416-218-0010 ext. 120, or toll-free at 1-800-303-1004 ext. 120, or by email at meaton@abclifeliteracy.ca.
We are fortunate to have supporters across the country prepared to help us raise much-needed funds for the literacy cause. We certainly appreciate the investment of time and energy required to organize a fundraising event. If you have a fundraising idea for ABC Life Literacy Canada, please give us a call. We can talk about your idea and discuss ways that ABC Life Literacy Canada may support you in your fundraising efforts.
For more information about organizing an event, please contact Margaret Eaton at 416-218-0010 ext. 120, or toll-free at 1-800-303-1004 ext. 120, or by email at meaton@abclifeliteracy.ca.