Ways to Give
Every gift, whether large or small, makes a difference. There are many good and better ways to make tax effective gifts now or in your estate plans that support Beth Jacob. Planned giving has many options including.
Securities
Donating appreciated securities is simple, cost-effective and the most tax-efficient way to make a charitable gift. You can use any of the following securities: prescribed bonds, units of mutual funds, exchange traded funds (ETFs), shares, warrants, bills and futures that are listed on the stock exchanges prescribed by Canada Revenue Agency.
Real Estate/Property
You may wish to transfer ownership of your property (real estate, works of art, etc.) and receive a receipt for tax purposes now or in your estate planning. In addition, gifts of residual interest may be considered in which you may retain the use of the property during your lifetime. Benefits include:
- Immediate tax savings.
- Continued use of your property for life.
- Flow Through Shares
These tax shelter arrangements can result in very low cost giving for qualified investors but they are not for everybody.
Cash/Cheque
This type of gift is simple and eligible for an immediate charitable tax credit.
Programs and Projects
Helps us to enhance Beth Jacob’s many programs for spiritual, cultural, and social enrichment for its members and the entire community. Your donation can be directed towards the Kiddush Fund, Prayer Books, social action initiatives, programs in honour or memory of a loved one – the opportunities are endless! Let us know if you have another idea and we will be happy to discuss it with you.
Endowment Funds
Beth Jacob Synagogue’s Endowment Fund is a critical component of the synagogue’s financial stability currently and well into its future.