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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

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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

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.