Making a positive impact on the lives of seniors
Without your help, we would not be able to ensure a constant presence and organize these meaningful encounters that allow our Great Friends to renew their joy in life, to meet new people, and to develop new bonds. Thank you for your generosity and trust.
We honour the generosity of our planned donors whose contributions make up more than 21% of the annual donations received by the Little Brothers Foundation. A heartfelt thank-you for believing in our mission!
By Planning Your Donations, You Can Support Our Mission
The term “planned donation” refers to any gift that has been subject to financial, tax, or estate planning. A bequest in a will is one of the best known and most widely used planned donations. This can be a powerful lever for our organization to effectively address the well-being of isolated seniors.
The Little Brothers Foundation recognizes that estate planning and planned donations are strictly confidential matters for donors. It is recommended that you consult your notary or financial advisor to plan your donation, whether it is made during your lifetime or posthumously.
What are the tax advantages and which option is best for you?
Learn more on this page. A notary will also be able to guide you in choosing the wording that best suits your situation, your vision and your desires.
Bequest in a Will
You can offer a portion of your estate to ensure the continuity of our mission and make a difference in the lives of seniors.
A bequest in a will is a valuable tool that can provide your estate with tax benefits. Several types of donations are partially or fully tax deductible:
- Specific bequest: a fixed amount or a property determined in advance;
- Residuary bequest: all or a percentage of what remains after debts and specific bequests have been paid;
- Universal bequest: all of the assets, often divided among several beneficiaries.
Make a gesture that will inspire futures generations
The Little Brothers Foundation joins the national Will Power movement, an initiative of the Canadian Association of Gift Planners, which promotes charitable giving to the general public.
« By making a legacy gift to Little Brothers, you are extending goodwill beyond yourself. Through your generosity, you perpetuate the creation of ties with seniors that grow in infinite circles, like the ripples left by a drop of water in the river. There are few gestures as powerful as this one. » – Carole Mercier, Director of Major and Planned Gifts, Little Brothers Foundation.
Donating Life Insurance
Naming the Little Brothers Foundation as the beneficiary of a life insurance policy allows you to make a significant gift at only a fraction of the cost. The donor pays the annual premiums and upon their death, the Foundation receives the insured capital.
Tax credits are granted each year to the donor or, upon death, to the donor’s estate, according to the option chosen, among the following:
- You continue to own the life insurance policy;
- You assign ownership of an existing life insurance policy;
- The Little Brothers Foundation becomes the owner of the life insurance policy.
« Our father was a very sensitive man, acutely aware of the human condition. During his lifetime, he maintained close ties with many charitable organizations that he supported through donations and volunteer work. That is why he decided to make a bequest to Little Brothers in his will, to support elderly people suffering from loneliness. We were infinitely saddened when he passed away in April 2009, but his commitment to Little Brothers lives on and gives us comfort. »Claude and Hélène Jean, in memory of Paul-E. Jean (1937-2009)
« When my spouse was hospitalized, he was there for quite a long time, and I visited him every day. Once or twice a week, the person who shared his room received visits from a very kind lady who made sure he had everything he needed.
Upon enquiry, I discovered, to my surprise, that she was not a sister or a friend, but a volunteer with Little Brothers. I also discovered that these two people had been paired and that this was a form of lifelong companionship provided to elderly people without a family.
I was touched by this organization’s mission and am now pleased to offer my support through my estate planning. This allows me to make a larger contribution during my own lifetime, while benefiting from a tax credit. »Louise, Little Brothers Legacy Circle donor
Other Types of Planned Donation
There are also other ways to donate to the Little Brothers Foundation:
- RRSPs and RRIFs;
- Donations of real or personal property;
- Donation of securities (publicly traded stocks, mutual funds, bonds and other securities);
- Endowment or dedicated fund (trust, private fund in a Community Investment Foundation, etc.)
You Are Part of the Family
Our volunteers, employees, and donors are members of a large, loving, warm, generous, and committed family, who get into action every day to eliminate social isolation among seniors.
Did you know? By making a bequest in your will to the Little Brothers Foundation, you will join the Legacy Circle, a program that recognizes donors who have included the organization in their estate planning. Little Brothers organizes appreciation activities that respect the private nature of this type of donation.