Make a
bequest
to the library Make a bequest
to the library

Your legacy gift has benefits. Your legacy gift has benefits.

Thank you for considering the Toronto Public Library Foundation as part of your estate plan. A well-planned will benefits you, your family and the charities you care about, and is an investment in the future of our city.

Why I give back to TPL

“I envision the gift I make will ensure a future of accessible, free, public information so that people can read, dream and imagine a future where all of us are included and in good relationship with each other. If that’s something that matters to you, I encourage you to think about a longer-term giving solution – especially if you’re a younger person. Consider naming the Library as a beneficiary in your life insurance or include them in your will so this incredible institution continues to exist long after we’re gone.”

Niya, Planned Giving Donor

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.link

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 lfernandes@tpl.ca 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.