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.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.
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.