What is Legacy Giving?
A legacy gift is a planned future financial consideration to a charity, given through a will or other form of designation. It’s a decision that each person makes in their own financial planning process to provide future support to the causes that are important to them.
Technology for Independent Living (TIL), is a program operating within the non-profit organization Technology for Living (TFL). Please consider a legacy gift to TFL or TIL when you are evaluating your personal, family and financial needs, as well as your long-term charitable giving. Every legacy gift, regardless of the amount, is important and of great value to our mission – TIL is dedicated to helping people with severe physical disabilities live as independently as possible. TIL’s uniquely skilled bio-meds create custom technological solutions for a safer and more accessible home for people with limited movement and physical disabilities.
Anyone who is passionate about a cause can leave a planned gift. No gift is too small, and each contribution is greatly appreciated.
As a registered Canadian charity we gratefully accept:
Bequests
Gifts given through a will. Instructions may be left indicating how the capital or interest (or both) may be spent on either general or specific purposes.
Endowments
Donations of money or property, usually structured so that the principal amount is kept intact while the investment income is available for use. This allows for the donation to have an impact over a longer period than if it were spent all at once. Endowments may be established in memory of a loved one or for a special occasion.
Life insurance policies
You can name us as a beneficiary on a new policy or donate an existing policy and receive a significant year-end charitable deduction. There are also estate tax savings. This provides Technology for Living with a significant gift at a low cost to you.
Charitable gift annuities and trusts
Gifts that allow donors to leave a bequest or make a gift while receiving an immediate tax receipt.
Stocks, bonds & other gifts of property
If stocks, bonds, real estate or other securities are worth more now than when you acquired them, you can maximize the tax benefit by transferring them directly to Technology for Living.
You will receive fair market value for your gift based on the date of your gift and, in most cases, avoid capital gains taxes on the appreciated value.
Cash gifts
You may leave an outright cash gift, either in a lump sum or over a specific period of time.
