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Legacy giving and will bequests 

Let us help you leave an eternal legacy

Prepare for the future

If you don’t plan for it, when you pass away, portions of your assets may have tax implications.

With a solid legacy plan, including a Giving Fund with CNCF, you can minimize taxes and choose charities close to your heart to give to instead. Your legacy can carry on to the next generation.

Get Christian estate planning advice 

CNCF donors can take advantage of complimentary estate planning from estate specialists with our partner at Advisors with Purpose. Get confidential advice from specialists who share a faith in Jesus and a biblical perspective on life, faith, wealth, and legacy.

Flexibility for choosing charity in your will

The choice to leave a charitable gift in your will can become part of your wonderful legacy. Naming CNCF in your will, and using a Giving Fund to distribute your gifts can simplify your giving for you and your executor. Using a letter of your intentions, you can advise how your funds will be distributed when the time comes.

Advantages of using CNCF over naming a charity directly in your will: 

  • Make changes to your charity recipients by simply updating your letter of intentions - no need for a lawyer

  • Give anonymously if you prefer

  • Option to include CNCF as the beneficiary of your life insurance policies and/or registered investment accounts (RRSP, RRIF, TFSA) enabling you to give to several charities using a Letter of Intention

  • Flexibility to disperse gifts to charities immediately or recurring over time

  • Using a deferred Donor-advised Fund allows the next generation or others to continue your legacy

Every situation is different. We encourage you to speak with an estate specialist to create an individual plan that reflects you, your faith, your family, and your wishes.

These services are complementary and confidential to you through our partnership with Advisors with Purpose.

Legacy giving options

As a public foundation, CNCF can be named as the beneficiary of a bequest in a will, a life insurance policy, TFSA, RRIF, and/or RRSP accounts, etc. In order to distribute gifts to the charities, a letter of your intentions indicating charity names and percentage or value of gifts must be filed with CNCF. This letter can be changed at any time throughout the lifetime of the donor.

Donation Option Minimum Amount Required Is Gift Revocable?Income or Use While You live? Gift Subject To ProbateUsable Tax Credit When can Charity use the Gift?
Outright gift now NowImmediately
Bequest through a Will After death on final tax returnAfter your death
RRSP / RRIF – CNCF is beneficiary Yes, beneficiary can be changed during life of account holder Upon death of account holder After your death
Life Insurance: CNCF as owner and beneficiary No, changes to policy must be made by charity Now for cash donated and annually as you pay premiums Cash in policy may be available now; proceeds after your death
Life Insurance: CNCF is beneficiary Yes, beneficiary can be changed by owner After death when donation receipt is issued After your death
Charitable Remainder Trust $100,000 or enough to justify setup costs Now, based on gift value adjusted for life expectancy After death of income beneficiary
Charitable Gift Annuity Approximately 20% now After death of annuitant