Your donation -
helping turn concern into action
There are two different ways you can make a donation.
Which do you prefer?
Online, through a secure server (provided free to
charities through
Canada Helps)
Donate securely online
or
You can download our
donation form
and mail it with your donation.
Those who are considering contributing to our efforts will be
surprised and reassured to learn that only about 3% of funds
raised are used for administration and fundraising (compared
to a range of about 30—50% in most other agencies).
The Society of St. Vincent de Paul provides a number of ways
for people concerned about the poor and others in need to
contribute. While
Members donate time, they rely
totally on the generosity of contributors in their efforts to
help the poor meet their basic needs.
The food and clothing vouchers that members give on their
home visitations and the bed or kitchen
table sets they may arrange for can only happen through
donations of money or goods from those who want to help turn
concern into action.
Ways You Can Help
Poor Box:
At the back of most Catholic churches there is a St. Vincent
de Paul Poor Box.
It is generally held at the door after each mass by a member
of the Society.
When parishioners drop a loonie or toonie into the box each
week, they support the efforts of the members to serve the
poor in their area.
A small portion of this money may also support our
Special Works,
serving some of the neediest across the
Toronto
area.
Goods:
Those clothes that are still in good shape but are no longer
worn will be greatly appreciated by a mother, father or child
in need. Books
and other articles are also very welcome.
Gently used goods are often collected at the church in
Bundle Weekend events.
They may also be dropped off at any of our
Stores
or at
Central Office.
Special Donations: There are many occasions on
which a donation to help the poor would be very appropriate.
Some examples are:
-
Christmas - Giving a donation to the Society in
place of one of the family presents.
-
In Memoriam - honoring the memory of a family
member or special friend on the anniversary of their
death.
-
In lieu of flowers - many who have lost someone
are grateful that some choose to donate to a worthy
charity rather than sending a $80 flower arrangement to
the funeral home.
Planned Giving:
Most donations made to the Society will be in the
form of regular of occasional gifts. However some donors may
wish their gift to the Society to be in the form of a Planned
Gift. These may be made in the form of an annuity, a bequest
by will, an insurance policy, a trust or gift of capital
property. These have the benefit of providing an income tax
receipt to the donor while maximizing the amount of benefit to
the charity.
Bequest through a Will:
Some members
and others who wish to support our efforts in a significant
way choose to remember the Society in their will. Funds
received through bequests are very important to the success of
Marygrove Camp and our other
Special Works. Your estate
will receive a tax receipt for the full amount of your gift.
For information about this, contact the Executive Director at
info@ssvptoronto.ca.
Stock and securities:
Publicly-traded
stocks and securities donated directly to the Society are
popular gifts due to increased tax benefits introduced by
federal government in 1997.
If
you own publicly-traded stock or mutual funds that have
appreciated in value, you must eventually pay tax on the
capital gain when the security is sold.
You can substantially reduce the
amount of tax owed on your capital gains by donating the
securities directly to the Society of St. Vincent de Paul,
Toronto Central Council. Canadians are taxed on only 25% of
the capital gain on gifts such as equities, bonds, futures,
and mutual fund units listed on a prescribed stock exchange as
opposed to 50% should the securities be sold outright. You
will receive immediate tax benefits because your donation
receipt is issued for the fair market value of the securities
being donated.
When making this type of gift, you
must transfer securities to the Society. The donation will not
qualify for the reduced taxable capital gain if the shares are
sold first and the proceeds (cash) then given to the Society.
**********************
For
more information on any of these options, please call
416-364-5577, ext. 224 Louise Coutu, Executive Director.
Payroll deduction:
Employers will, upon request, make
regular deductions from your pay cheque for the United Way.
You can ask that these donations be redirected from United Way
to the Society of St. Vincent de Paul, under an agreement we
have with United Way.
Gifts of Life Insurance:
It is possible to maximize the size of your gift by
designating the Society as a beneficiary of life insurance
policy. Payments of life insurance premiums are considered to
be a charitable donation and are eligible for a tax receipt.
Lifetime Income (Charitable Annuity):
This provides the donor with a lifetime, guaranteed
income in exchange for a sizable gift. There are several ways
to structure this donation. Under this method it is possible
to receive the same after tax amount for the rest of your
life.
Special Event Donations:
A contribution to the Society to celebrate or honour a special
event.
Cheques or Credit Card:
We will be very grateful for donations of any amount.
Please make cheques payable to:
Society of St. Vincent de Paul, Toronto Central
Council
and mail it to
Central Office..
Contact
Central Office.
for donations using Visa or Master Card.
|
Home