Ways to Give Estate Planning and Legacy Giving

You can change the future. Leave your mark and ensure everyone’s right to food is realized. 

We believe that food is a human right and no one should face barriers to accessing food. By collaborating to eliminate food insecurity & advocate solutions to end poverty, we can build a fairer, healthier Toronto where everyone has the right to food.

Making a planned gift is a great way to have a meaningful impact and reduce local hungerIt’s a gift with lasting impact and provides significant tax benefits. 

Ways to donate

The Gift of a Bequest in Your Will

Including Daily Bread Food Bank as a beneficiary in your will allows you to make a larger gift than you might have thought possible. Also, a bequest provides charitable tax credits for your estate. 

For help including Daily Bread Food Bank in your will, please click here.

For more information please contact Andrew Clendinneng, Director of Individual Giving.

The Gift of Life Insurance 

The Daily Bread Food Bank can be the beneficiary of a life insurance policy with the benefits of that policy going directly to charity upon death. This arrangement ensures that the proceeds do not pass through your estate, thereby circumventing probate. This entitles your estate to the tax benefit. 

The Gift of Securities 

Consider donating your shares directly to Daily Bread Food Bank. These gifts are easy to transfer, and they eliminate capital gains tax. 

To donate these types of gifts, please fill out the Donation of Securities Form. Please ensure the form is signed by the donor and returned to the Daily Bread Food Bank. Please note, this form will be used to issue the donor a tax receipt. 

What gifts are eligible?

  • Bonds
  • Futures
  • Publicly traded stocks
  • Shares acquired through employee stock options
  • Units in mutual trust funds
  • Warrants

Frequently Asked Questions

Is there specific wording I should use to make a gift in my will?

Yes, there is legal text needed, but as you can see below, it’s not complicated. Your advisor will be able to provide final text, but this a good place to start. 

“I give Daily Bread Food Bank (the sum of $_________) or (___________% of the residue of my estate).” 

For more information please contact Andrew Clendinneng, Director of Individual Giving.

What other information will I need?

You’ll need our address and our charitable registration number to properly update your will. 

Daily Bread Food Bank
191 New Toronto St
Etobicoke, ON M8V 2E7  

Charitable registration number: 11888 1549 RR0001 

Can I change my gift in the future?

Yes, just like any part of your will, you can modify and update the provisions in your will as you need. 

Why should I make a general gift?

A general or unrestricted gift means that your gift can be used when and where it is most needed. That way, we can better respond to the changing needs of the community we serve.

Can I specify where my gift will go?

Yes, you can support a specific Daily Bread Food Bank program. Please feel free to call us to find out how. 

Who do I contact if I have questions?

If you have any questions or if you have left a gift for Daily Bread Food Bank through life insurance or your estate, please contact our Director of Individual Giving, Andrew Clendinneng:

Email: Aclendinneng@dailybread.ca
Cell: 416.616.0167
Office: 416.203.0050 x 240

Feel free to book a Zoom, MS Team or Google Meet.

Contact

Questions? Please contact Andrew Clendinneng, Director of Individual Giving at
Aclendinneng@dailybread.ca or 416.203.0050 x 240.