Ways to Give
We offer a variety of giving options. Whether it’s setting up your own endowment fund, contributing to an existing fund, or making a legacy gift, we work with you to meet your personal philanthropic goals in the most convenient and tax-effective method.
We will issue you an official donation receipt for all gifts.
Here are a few of the most popular ways to give:
Credit Card or VISA Debit Card
If you’re ready to make your gift now, then use our secure online giving page. You have the option of choosing any one of our funds, giving ‘in memory of/in honour of’ instructions, and more.
Or, if you prefer, you can simply call 613-546-9696 to make your donation over the phone using your Visa, MasterCard, or AMEX, or VISA Debit card.
You can make a one-time gift, or sign up to make a regular monthly donation.
Cheque
Please make your cheque payable to Community Foundation for Kingston & Area (or “CFKA”), and write your intended fund in the memo line. Send it to us at 275 Ontario Street, Suite #100, Kingston, ON, K7K 2X5.
Publicly-Traded Securities
For maximum tax advantage, do you know that you can give gifts of appreciated securities (stocks, bonds, mutual funds) to avoid paying income tax on capital gains and maximize the amount of your charitable gift? It’s a true win-win situation!
A gift of publicly-traded securities is the transfer of ownership of stocks or bonds to the Community Foundation for Kingston & Area. If you own shares that have increased in value, 50 per cent of the capital gains are taxable. However, if you donate these shares in-kind to the Foundation, the entire gain is tax-exempt.
We’re set up to make this easy for you, so contact us at 613.546.9696 or giving@cfka.org to learn more.
Click here to learn more and to get the authorization and direction forms.
Options for Giving Later
There are also ways to give to the Foundation at a later date:
Charitable Bequest
Leave a bequest to the Foundation in your Will. Bequests can be a specific dollar amount, a particular asset or a residual gift (the entire residue or portion of your estate). Bequests can be given either outright or as a contingent gift.
Your bequest may be used to establish a new fund in your name, be added to a fund that you or your family has established during your lifetime, or be added to any of our over 170 existing funds.
The Foundation will provide your estate with an official donation receipt when the bequest gift is realized; which can be used to obtain a tax credit on your estate’s final income tax return to reduce the tax payable.
Click here to view some sample will clauses for your Will that your lawyer can use as a guide. Contact us at 613.546.9696 or giving@cfka.org for further information or to let us know that you have made a gift to us in your Will so we can recognize you as a Legacy Circle member.
Life Insurance
You can provide a sizeable future gift to the Foundation at an affordable current cost, without reducing what you give to family and friends through your estate.
The Community Foundation for Kingston & Area can be named as the beneficiary of an existing but no longer needed life insurance policy, or you may wish to take out a new policy in order to plan for a significant future charitable gift. If you designate the Foundation as the irrevocable beneficiary or owner and beneficiary of your life insurance policy, we will be able to provide you with an official receipt for income tax purposes for the amount of premium you pay each year, and for the cash surrender value of the policy at the time of the gift.
RRSP/RRIF/TFSA
Name the Community Foundation for Kingston & Area as the beneficiary of your Registered Retirement Savings Plan, Registered Retirement Income Fund or Tax Free Savings Account and make a significant donation, while saving your Estate from paying the Estate Administration tax on the proceeds.
For further information on any of these ways to give, or to request a meeting contact us at giving@cfka.org or 613.546.9696.
We’re here to help you build a legacy that will create positive and lasting impacts in our communities.
I NEED FUNDING
275 Ontario Street Suite #100
Kingston, ON K7K 2X5
Phone: 613.546.9696
Fax: 613.531.9238
Email: info@cfka.org
275 Ontario Street Suite #100
Kingston, ON K7K 2X5
Phone: 613.546.9696
Fax: 613.531.9238
Email: info@cfka.org