Make a bequest
to the library
Your legacy gift has benefits.
Leave a gift to Toronto Public Library in your Will
Toronto Public Library and you can both benefit from your thoughtful decision to leave a gift by Will or other estate gift in support of the Library. Supporters who include the Toronto Public Library Foundation in their Will or as a beneficiary of other estate planning options, become members of our HERITAGE SOCIETY and receive special benefits
Gifts by Will
A gift in your will or a bequest is the simplest way to make a future gift in support of Toronto Public Library and wonderful way for you to leave a lasting personal legacy. You can leave a specific sum of money or property or a portion of the residue of your estate.
Click here to download a PDF of suggested wording for your will
Information for Your Lawyer(s):
Legal Name: The Toronto Public Library Foundation (Charitable arm of Toronto Public Library)
Charitable Business Number: 886554476RR0001
Address: 789 Yonge Street, Toronto, Ontario M4W 2G8
Contact for more information: Liza Fernandes, Vice President, Operations & Governance at firstname.lastname@example.org or 416-397-5924
Gifts of Registered Plans
Donating funds from registered plans such as RRSP, RRIF and TFSPs is a tax-efficient way to make a legacy gift to the Toronto Public Library Foundation. During our working years, saving through registered funds is a great way to minimize taxes and increase our wealth. Upon our death, however, RRSPs/RRIFs become some of the most heavily taxed assets. A great way to reduce taxes payable on your estate is to donate all or a portion of the funds in registered plans to your favourite charity, like Toronto Public Library Foundation.
Gifts of Life Insurance
A gift of life insurance is an affordable way to transform small premium payments or an existing life insurance policy into a significant gift to benefit the Library. When considering a gift of life insurance, the option you choose depends on whether you want to take advantage of tax relief during your lifetime or for your estate.
Gifts of Appreciated Securities
Making a gift of securities is a cost-effective and tax efficient way to support Toronto Public Library today or through your estate. When you donate publicly traded appreciated stocks, mutual funds or stock options, you pay no capital gains tax and receive a charitable tax receipt equal to the fair market value of your donation.
Click here to see the Benefit of Gifting Appreciated Securities.
To make a gift of securities, please complete the Transfer Form for Donation of Securities and email the Foundation.
Vice President, Operations & Governance
Development Officer, Legacy Gifts