What will your legacy be? When you think about the values that are important in your life and the ideals you wish to be remembered for, consider including The Salvation Army in your legacy.  Ensure those beliefs remain meaningful in the future.  Some options are deferred and will be received by The Salvation Army after your lifetime.  Some will go to work during your lifetime.   All deliver their own individual kinds of tax advantages and these can be very powerful tools to save money in your Estate or for your present needs.

Charitable Gift Annuities

You can establish a charitable gift annuity by donating a certain sum of money to The Salvation Army. A portion of the contribution amount is used to purchase a commercial annuity to provide the annuity income. The amount remaining represents a charitable donation to the Army. You receive an immediate income tax receipt for this amount and the funds are available to support the Army’s programs immediately.

Charitable Gift Annuities will give you:

  • a totally or partially tax-free annual income for as long as you live
  • guaranteed income with no change in the payment amounts
  • a tax receipt for 20% or more of your annuity when it is issued
  • the choice of receiving your payments monthly, quarterly or semi-annually
  • the satisfaction of making a difference to people in need

Gift annuities are best suited to people who are 70 years old or older. Our minimum age restriction is 60. The minimum amount required to purchase an annuity is $50,000. Annuities can be issued for individuals into their mid-90’s.

Get In Touch

If you’d like to learn more, please email us at legacy@can.salvationarmy.org Or, call us at 1-855-546-5556. A Salvation Army Gift Planner will be in touch soon to answer all of your questions.


We strongly encourage you to seek independent advice when executing gifts of securities, property, life insurance, charitable gift annuities, wills, trusts, contracts and other legal agreements.

Gifts of Retirement Funds

Many of us can look forward to retirement knowing that funds have been safely tucked away to cover our needs. Unfortunately, our vulnerable neighbours do not have this peace of mind.

You can provide a true gift of comfort by donating the remaining funds in your Registered Retirement Saving Plan (RRSP) or Registered Retirement Income Fund (RRIF) to The Salvation Army. Of course, you’ll want to ensure that your future needs and those of your loved ones are met first.

There are two ways you can make a gift of an RRSP or RRIF:

  1. Name The Governing Council of The Salvation Army in Canada as the designated beneficiary. You do so by registering this change with the trustee of your plan.
  2. Leave the proceeds of your RRSP or RRIF to The Governing Council of The Salvation Army in Canada in your will.

In both cases, The Salvation Army will issue a charitable receipt to your estate. By naming the Army as a beneficiary, you’ll also avoid probate tax and ensure funds go to much-needed services as quickly as possible.

If you choose to withdraw money from your retirement fund during your lifetime to make a donation to The Salvation Army, we recommend that you carefully review the tax implications with your financial advisor.

Get In Touch

If you’d like to learn more, please email us at legacy@can.salvationarmy.org Or, call us at 1-855-546-5556. A Salvation Army Gift Planner will be in touch soon to answer all of your questions.


We strongly encourage you to seek independent advice when executing gifts of securities, property, life insurance, charitable gift annuities, wills, trusts, contracts and other legal agreements.

Gifts of Insurance

You can make The Salvation Army a beneficiary of a life insurance policy.

Depending on how you structure your gift, you can realize significant tax advantages during your life – or benefit your estate. Remember, your life insurance needs can change. Once your children become self-sufficient, your life insurance coverage may no longer be needed for the purpose it was originally purchased.

There are different ways to support The Salvation Army through gifts of life insurance:

Change an existing life insurance policy

If you no longer need to provide financial security for your heirs, you can change the name of the beneficiary to The Governing Council of The Salvation Army in Canada.

After your death, your estate will get a charitable donation receipt for the proceeds of the policy. This can offset income taxes payable on your estate’s final tax return.

If you’d like to receive immediate tax savings on the donation of an existing policy, you can transfer ownership to The Governing Council of The Salvation Army in Canada and make the Army the policy’s beneficiary. A portion of your policy’s value will be taxable as income, but you will receive a tax receipt to help offset taxes payable.

Purchase a new life insurance policy

Depending on how you structure a new policy to benefit the Army, you or your estate could receive tax receipts.

Get In Touch

If you’d like to learn more, please email us at legacy@can.salvationarmy.org Or, call us at 1-855-546-5556. A Salvation Army Gift Planner will be in touch soon to answer all of your questions.


We strongly encourage you to seek independent advice when executing gifts of securities, property, life insurance, charitable gift annuities, wills, trusts, contracts and other legal agreements.

Endowments

You don’t have to be rich to create an endowment fund that will provide a permanent source of income for Salvation Army programs.

This is how it works:

  • You make a donation that is held in trust by The Salvation Army.
  • You and your friends can add cash gifts – and other gifts such as insurance policiescharitable gift annuities, and securities .
  • If you wish, you can create your own fundraising events to generate revenue.
  • If your fund is $100,000 or more, you can name it after yourself or a loved one.

We can help you decide what kind of gifts will best suit your circumstances and offer the most generous tax advantages. You will receive an income tax receipt for each donation you make during your lifetime. Other contributors will receive their own receipts. Best of all, your gift will last for years to come.

Get In Touch

If you’d like to learn more, please email us at legacy@can.salvationarmy.org Or, call us at 1-855-546-5556. A Salvation Army Gift Planner will be in touch soon to answer all of your questions.


We strongly encourage you to seek independent advice when executing gifts of securities, property, life insurance, charitable gift annuities, wills, trusts, contracts and other legal agreements.

Gifts of Property

When considering giving to The Salvation Army, you might believe that your donation has to be made in cash. But gifts of property can allow you to make a bigger gift than you ever imagined possible.

You can donate many types of property to help The Salvation Army give hope to vulnerable people:

  • Real estate
    Such as a cottage, a piece of land, or a commercial building
  • Personal property
    Including jewellery or antiques
  • Cultural property
    Such as a painting or sculpture
  • Capital property
    Such as stocks, bonds, RRSPs, RRIFs, or mutual funds

If you donate personal or cultural property, we will ask you to have your donation independently assessed, and then we will issue you a tax receipt based on that value.

If you directly donate capital property, you will be exempt from paying any capital gains tax.

Get In Touch

If you’d like to learn more, please email us at legacy@can.salvationarmy.org Or, call us at 1-855-546-5556. A Salvation Army Gift Planner will be in touch soon to answer all of your questions.


We strongly encourage you to seek independent advice when executing gifts of securities, property, life insurance, charitable gift annuities, wills, trusts, contracts and other legal agreements.