Planned Giving - Ways to Give

1) Bequests – a charitable gift in your Will

A bequest is a gift in your Will that can be changed or modified at any time. You can choose to designate that your bequest be used for general use, or perhaps for a specific purpose thereby providing you with the peace of mind knowing that your gift will be used as intended. Bequests are also a meaningful way to reduce estate taxes while supporting the community.

There are a number of ways you can make a bequest to Olive Tree Foundation

  1. Specific Bequest: A specific bequest involves making a gift of a specific dollar amount from your estate.

  2. Percentage Bequest: This is another type of specific bequest which involves leaving a percentage of your total estate to a charity.

  3. Residual Bequest: This form of a bequest is made from the remainder of your estate after all your other provisions have been made. Most common forms of a residual bequest involve leaving a percentage of the residue of your estate to a charity.

  4. Contingent Bequest: You could choose to leave specific property, such as a vacation home for example, to a relative or friend, but the bequest language could provide that if this relative is not alive at the time of your death, then the vacation home will go to the charity of your choice.

2) Gift of Life Insurance

Through your life insurance you can leave a larger gift than is possible for most people during their lifetime. When you name Olive Tree Foundation as a beneficiary and/or owner of your life insurance policy, you could benefit from tax savings in your lifetime or tax savings for your estate.

3) Registered Assets – RRSP’s and RRIF’s

Once your needs and those of your loved ones have been met, you can help Olive Tree Foundation by donating Registered Assets such as a Registered Retirement Savings Plan (RRSP) or a Registered Retirement Income Fund (RRIF). There are significant tax savings for your estate when giving your Registered Assets.

4) Charitable Gift Annuity

A Charitable Gift Annuity allows you to support Olive Tree Foundation and in return you receive guaranteed income for life.

5) Charitable Remainder Trust

You have an asset – perhaps stocks, bonds, securities, mutual funds or real estate – that you want to eventually donate to Olive Tree Foundation but you need the income it currently provides, or you may not wish to part with your asset at this time. A Charitable Remainder Trust is a way of giving by establishing a trust agreement between yourself and Olive Tree Foundation.

Helpful Resources:

  • Download a copy of My Personal Organizer – our free Will-planning booklet

  • Email planned.giving@olivetreefoundation.ca to sign up to receive the Olive Tree Foundation Legacy newsletter (twice per year)

  • Email planned.giving@olivetreefoundation.ca to be sent information about including a gift in your Will and other types of gifts to support Olive Tree Foundation

If you are thinking about making a planned gift to Olive Tree Foundation, it is recommended that you seek independent professional advice from your lawyer or financial advisor.

When preparing your will, please note that our legal name is:

Olive Tree Foundation Inc.

Charitable Registration No: RR0001

As a legacy donor, you are part of a special group of supporters to Olive Tree Foundation. If you have already created a legacy gift in your Will, and you wish to let us know about your gift, please take a moment to fill out our Statement of Intent form. All information you provide will remain strictly confidential.

If you have any questions about your planned giving options, please contact info@olivetreefoundation.ca or planned.giving@olivetreefoundation.ca.

Gifts of Stocks & Securities:

A donation of publicly traded securities is one of the easiest and most effective ways you can support Olive Tree Foundation. And you can avoid the capital gains tax that you would normally have to pay if you sold the securities and then donated the proceeds. Olive Tree Foundation will issue you a charitable tax receipt for the fair market value of the security on the date of transfer into our brokerage account.

You can donate securities now, or as part of your estate planning.

Read more about the Gift of Stocks and Securities.

To explore the benefits of this type of giving, please or planned.giving@olivetreefoundation.ca.

Download our Gift of Stock Guidelines for Transferring Assets and Letter of Authorization.