Planned giving

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Planned giving

Planned Giving 

Planned gifts come in many forms and are a deeply thoughtful and purposeful way to make an intentional difference in the future of the Kensington community. Just like people, visions for what that future might look like are different. Planning a legacy donation may also have the added benefits of obtaining tax relief now for a planned future donation. 


Ways to leave a legacy gift

Wills & Bequests

A gift in your will is the most common and simplest way of creating a legacy and making a future impact. You can add Kensington Health Foundation to your existing will by speaking with your lawyer about adding a codicil or supplement to your will. There is no set amount required and we are grateful for the generosity of all our supporters. 

We understand that family is your primary concern. That’s why speaking with your family, financial advisor and an estate lawyer about your plans allows you to consider the many ways leaving a gift to Kensington Health Foundation in your will can actually maximize the value of your estate, because a willed gift reduces taxes and probate fees, leaving more of your estate for your family.


Gifts of Securities

Gifts of Securities like publicly traded stocks, mutual funds, bonds and employee stock options can be a simple and effective way to support Kensington Health and eliminate the capital gains taxes you’d otherwise be required to pay if you sold the securities then donated the proceeds. The added benefit of a charitable tax receipt for your donation makes the process easy to give now and see your philanthropic impact, or as part of your estate planning. 

Consult your financial advisor as to what makes the most sense for you. Complete the transfer form and let us know you have made your gift so we can show you our appreciation.


Gifts of RRSPs, TFSAs & RRIFs

Giving retirement assets is easy and tax-effective. By naming the Kensington Health Foundation as a beneficiary of registered plans, you’ll retain ownership and use of the fund during your lifetime, and receive a tax receipt for the value of the plan now. You’ll also reduce overall estate taxes for your loved ones. You can choose to donate all or a portion of your retirement funds and still provide for your family by naming more than one beneficiary.


Gifts of Life Insurance

Turn a modest investment now into a substantial contribution later. Your existing life insurance policy provides many options for charitable giving, with the added benefit of tax relief now or in the future by building a policy and your overall estate while you continue to plan your life. 

To learn more about the many ways to leave a legacy gift and how to properly plan with your family, lawyer and financial advisor, call Lori Link at 416-964-3636 ext. 2804 or email