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Diocese of Fredericton
Anglican Church of Canada
Remember that when you leave this earth, you
can take with you nothing that you have
received - only what you have given:
a full heart enriched by honest service, love,
sacrifice and courage.
St. Francis of Assisi
Introduction
About Planned Giving
Gift for the Present
Gifts for the Future
Gifts that Give Back
Request Information Form
Index
Active, committed and faithful people of The Anglican Church of Canada
provide leadership, ministry and mission support in 30 Canadian dioceses, 1,740 parishes
and 2,499 congregations in communities in every part of Canada, as well as with our
partners overseas.
Anglicans give generously of their time, energy, abilities and financial resources to do
the work of God in many ways, helping to make a difference in people's lives.
The Office of Financial Development of General Synod works in close partnership with
dioceses, parishes and church institutions in offering planned giving resources,
educational events and seminars, consultations and a wide variety of opportunities for
making gifts - all for the purpose of ensuring the continuation and growth of vitally
important ministries, encouraging Anglicans to be generous and faithful stewards of all
God's gifts.
More and more Anglicans are giving thoughtful attention now to their stewardship of
accumulated assets, ensuring that they have valid wills and have planned responsibly for
the security and well-being of their families and the support of those institutions and
causes which have been important to them.
As you will see by reading this leaflet, there are a number of ways to plan your response
to God's generosity through both present and deferred gifts. Your generosity and
thoughtfulness will provide for you and your family and friends a sense of satisfaction
and delight in being able to make a very real difference in the life and work of your
church and other charitable organizations you may wish to support.
The Anglican Church of Canada, through its parishes, dioceses and General Synod, and
various related institutions, offers many opportunities for expressions of generosity and
committed support. The list of outreach projects, programs and ministries is almost
unlimited. When you add to that the importance of caring for our buildings and properties,
church growth and the establishing of new congregations and ministries, you can become
very creative in providing for the future of our church, helping to ensure its vitality
and effectiveness.
We look forward to hearing from you and would be pleased to provide detailed information
about the various ways of making a gift and how a generous act of support will make a very
real and permanent difference.
Riches do not consist
in the possession of treasures
but in the use made of them.
Napoleon I
Index
Planned Giving means finding a way to make an important gift to a cause
you believe in while still getting the best tax benefits possible and achieving personal
financial goals.
A planned gift to The Anglican Church of Canada can be made outright to the Church for its
immediate use, or deferred -- arranged now for completion later. Some planned gifts are
designed both to support the church and to provide a life income for the donor. Each type
of planned gift offers benefits to the donor, and supports the mission of the Church,
whether it be a parish, diocese, General Synod or another Anglican institution or ministry
This leaflet will help you decide which way of giving best meets your situation and goals.
Please use the response form to ask for more information that you can review with your
financial advisor. When you are ready, we will be happy to help you complete your gift.
Give, and it will be given to you. A good
measure, pressed down, shaken together
running over, will be put into your lap; for the
measure you give will be the measure you get
back.
Luke 6.38
Index
An outright gift of cash is the simplest and can be the best way to give.
The Church can use your gift immediately for its needs or as endowment. You get a receipt
for the full amount you have given, which means immediate tax savings.
For example, if your combined federal and provincial tax credit equals 45 per cent, a
$5,000 gift to The Anglican Church of Canada actually costs you only $2,750 since it
results in a tax savings of $2,250! (The amount you can claim in charitable donations in
any one year is limited to 75 per cent of your net income for that year. Any amount over
that can be carried forward for up to five years.)
When you make an outright gift of listed securities, you receive a special tax benefit:
you will be taxed on only 37.5% of the capital gain. For gifts of other types of
appreciated property (property worth more now than when you bought it), 75% of the gain
will be taxed. In either case, your tax credit will always exceed the tax on the gain,
resulting in net Lax savings, because 100% of the taxable gain is creditable.
Index
The most common type of deferred planned gift is a charitable bequest -- a
gift which is included in your will. This can be as simple as a sentence or two in your
will, or a codicil appended to it. You may give a specific sum of money ("I give to
The Anglican Church of Canada the sum of $_ to be used for its general purposes.")
Or you can give certain assets such as stocks or part of what remains in your estate after
other bequests have been taken care of. You may, in consultation with the Church,
designate how you wish your bequest to be used and you may state if you wish it used
immediately or held as endowment.
Your estate will be entitled to a receipt for the full value of your bequest. This may
significantly reduce the tax payable with your final income tax return. A tax credit will
be available for donations up to 100% of your final-year net income.
A gift of life insurance can provide a significant future gift to The Anglican Church of
Canada at a modest present cost to you. This can be done with an existing policy or a new
one.
You may give the death benefit of an existing policy just by naming your parish, diocese,
General Synod, the Anglican Foundation of Canada, the Primate's World Relief and
Development Fund, or another related institution as beneficiary. But to receive a current
tax benefit, you must also transfer the ownership of the policy to the Church. This
entitles you to a donation receipt for its cash value. When you make the Church the owner
and beneficiary of a new policy, you receive a donation receipt for each of your premiums.
When you die, the Anglican Church of Canada gets the proceeds of the policy.
Index
Some planned gifts pay you back by providing you income or allowing you to
enjoy the use of your property even after you have given it to the Church.
A gift annuity provides both a gift to The Anglican Church of Canada and guaranteed
payments for life for you or your spouse. The annuity rates depend on your age, but they
will usually be higher than G.I.C. interest. Part of your annuity payments (sometimes all
of it) are taxfree. Older donors also get a donation receipt for part of their
contribution. The Anglican Church of Canada offers two types of annuities - the Charitable
Gift Annuity and the Gift Plus Annuity
A charitable remainder trust is a deferred giving arrangement under which you irrevocably
transfer property (cash, securities or real estate) to a trustee. You keep the right to
income from the trust, either for life or a specified number of years, and at the end of
that time, the trust principal becomes your gift to the Church. You receive a donation
receipt for the present value of this remainder interest. As with other forms of gifts,
you may, in consultation with Church planned giving consultants, designate your gift for a
particular ministry or as endowment.
A gift of residual interest gives back in a different way You may, for instance, donate
your residence but retain the right to use it while you live. You may give a valuable
piece of art, but continue to enjoy it in your lifetime- In each case you get a donation
receipt for the present value of the residual interest you have given to The Anglican
Church of Canada,
Any gift given to The Anglican Church of Canada may be designated to be shared by more
than one part of the Church's life and work.
Almighty God,
your loving hand has given us all that we possess:
grant us grace that we may love you
with all that we have,
and befoundfaithful and acceptable stewards of your bounty;
throughJesus Christ our Lord.
Index
INTRIGUED?
Then request more information ... Print or copy this panel and mail it to:
The Planned Giving Office
Diocese of Fredericton
115 Church St., Fredericton, NB E3B 4C8
Telephone: (506) 459-1801
Fax: (506) 460-0520
E-mail: diocese at anglican.nb.ca
Name ______________________________________
Address ____________________________________
City _______________________________________
Province __________ Postal Code _____________
Phone Business _________ Home _____________
I would like more information about:
[ ] Bequests
[ ] Gift of cash or appreciated property
[ ] Gift of life insurance
[ ] Gift annuities
[ ] Charitable remainder trust
[ ] Gift of residual interest
[ ] Giving a stripped bond
[ ] Other
[ ] I would like more information about the variety of gift annuities
available through The Anglican Church of Canada. Please prepare for me a confidential
quotation, giving current annuity rates and tax benefits for my particular situation.
My date of birth _____________________________
In the case of a joint-life and survivorship annuity ...
My Spouse's date of birth ___________________
I would like more information about the work of God through the ministry and mission of:
[ ] General Synod: support of ministry in the North and overseas and other
priorities
[ ] The Primate's World Relief and Development Fund The Anglican Foundation of
Canada
[ ] The Diocese of _______________________
[ ] The Parish of ______________________
(please
give name and town)
[ ] Other church-related institution, program or project
If you have already arranged for a future gift to The Anglican Church of Canada, we'd like
to know about it.
[ ] I have included The Anglican Church of Canada in my will. I have named The
Anglican Church of Canada as the beneficiary of a life insurance policy.
The information in this brochure does not constitute legal or financial
advice and should not be relied upon as a substitutefor professional advice. The Anglican
Church of Canada encourages you to seek professional legal, estate planning and financial
advice before deciding on a course of action.
OTHER BROCHURES IN THIS PLANNED GIVING SERIES:
GIFTS OF LIFE INSURANCE
GIFTS OF RESIDUAL INTEREST
THE CHARITABLE REMAINDER TRUST
THE CHARITABLE GIFT ANNUITY
WILL POWER
THE GIFT PLUS ANNUITY
0UTRIGHT GIFTS
GIVING A STRIPPED BOND
Legacy Gifts - gifts that can last many lifetimes
More Information at the Anglican Church of Canada Planned Giving Web Site
Diocese of Fredericton
Anglican Church of Canada
05 April 2010
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