Donate specific items from a curated list of supplies that will go to support our communities’ needs.
We have partnered with Unity Foundation and Kits for a Cause to launch our very own Essential Supplies Wishlist. Donate specific items from a curated list of supplies that will go to support our communities’ needs.
Charitable receipts will be provided by Unity Foundation for all donations made.
Persons or organizations making the donation will receive a charitable tax receipt from Unity Foundation
As a registered charity, The 519 is enormously grateful to individuals, corporations, and community groups who organize and host special events and campaigns on our behalf. And there is no limit to the creative ways you can support our work.
COVID-19 Virtual Events Fundraising
With creativity and technology, you can host virtual third-party events to raise funds for The 519 during the pandemic. Here are some fun ideas as examples:
Get a yoga or fitness or art instructor or cooking class to donate their time to The 519. Set up a a video conferencing link that people can access the class. Have people donate and in the Thank You email the code for the zoom room is there so people who donated can join the class.
Virtual 5k/Cycle Event
Set a day where you will run 5K and encourage your network to sponsor your run. You supply the running and we supply the dedicated giving page for your friends and family to raise funds for The 519.
Create a Giving Day
This can replace a live event with one big fundraising day for your people to give to a The 519. Maybe it’s your birthday or tied to an important LGBTQ day on the calendar (IDAHTB, Day of Pink, Coming Out Day).
Create a “flash” fundraiser that lasts one or a few days with the end date/time being the time your event was supposed to wrap. If possible, leverage a matched gift to encourage additional donations and celebrate a spirit of generosity. Also, encourage monthly giving so you can grow your recurring revenue.
There are many fun and engaging ways to host virtual third-party fundraising events or campaigns to support The 519. Fill out the form below to share your interest and ideas and we will respond as soon as possible to help launch your virtual event.
To talk about how you can raise funds in support of The 519’s programs and services please contact Giving@The519.org
Donating publicly traded securities or mutual funds is simple and very attractive from a tax point of view, thanks to a tax rule that eliminates the capital gains tax that would otherwise apply to such donations.
Consider the following example, where a potential individual donor has marketable securities that originally cost $50,000 and are now worth $100,000. In this case, the donor is considering: Option 1: selling the shares and donating the before-tax proceeds to The 519; Option 2: donating the shares directly to The 519. Each option produces very different tax outcomes. (Note: The following illustration assumes a 50% marginal tax rate):
Sell shares & donate proceeds
Donate shares directly to The 519
|Fair market value of shares||
|Taxable capital gain||
(50% of gain)
|Tax on capital gain||
|Charitable tax receipt amount||
|Donation tax credit||
|Net tax savings||
|After-tax cost of giving $100,000||
Donating the shares directly, rather than selling them and then donating the proceeds, gives you the best tax result. You give up property of the same value but you save $12,500 of tax ($50,000 vs. $37,500) by donating the shares directly.
To donate securities to The 519 please fill out our Gifts of Securities Form.
A gift of life insurance is a great way to give to The 519. For relatively modest amounts of money today, you can guarantee The 519 a substantial gift many years from now. And there are attractive tax consequences from making a gift of insurance. There are several ways you can use insurance to benefit The 519 – as well as yourself and your estate.
Option 1: Make The 519 a beneficiary
If you make The 519 a beneficiary of a life insurance policy, your estate will receive a donation receipt for the value of the death benefit of that policy. You can name The 519 as the beneficiary of a group, term, whole life or universal life policy.The insurance payout to The 519 remains private and passes to The 519 outside of your estate, speeding up payment and avoiding probate and estate administration fees. For tax purposes, however, the donation will be deemed to have been made by the estate at the time the property is transferred to The 519.
Recent changes to Canadian tax law give more flexibility for claiming tax credits related to donations made on death. To take full advantage of this new flexibility, your estate must satisfy certain conditions .Namely, your estate must qualify as a graduated rate estate (GRE) and the executors must ensure the donation is received by The 519 within 60 months of death.
Option 2: Gift a Current Policy
You can gift an existing life insurance policy to The 519. If it is completely paid-up you can simply transfer it to The 519, making the The 519 the owner and the irrevocable beneficiary. By donating such a policy, you will be eligible for a tax receipt generally equal to the fair market value of the policy as appraised by a certified valuator, minus any policy loan outstanding (note – donors are responsible for the cost of the appraisal). If there are still premiums to be paid, you will, as in the case of a new policy, be eligible for a tax receipt for any premiums paid after the policy is transferred. There are some tax issues with the gift of an existing policy. The gift will constitute a disposition for income tax purposes. This will result in taxable income to the donor to the extent that the value of the policy exceeds the tax cost of the policy.
Option 3: Gift a New Policy
You can purchase a policy and then transfer its ownership to The 519. You will continue to pay the premiums on the policy for the next ten years – after which the policy will become self-sustaining and continue to grow. Ultimately, your gift will provide substantial funding for The 519 – and his premiums today are tax deductible. We recommend a whole life type of policy that is paid-up in 10 to 20 years with level premiums. The 519 must pre-approve the policy before the gift plan is finalized and the policy is purchased. You should seek independent expert insurance advice before considering a gift of insurance.
If you are interested in exploring planned giving options and are interested in making a gift of securities to The 519, please complete our Gifts of Securities Form .
You may also contact Stacy Kelly, Director, Philanthropy, at SKelly@The519.org or 416-355-6778.
The 519 urges everyone to seek legal and financial counsel when planning an estate gift and/or gift of securities to The 519. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity.
A planned gift is a gift promised today and given to the future. You can fulfil a philanthropic dream through a very personal legacy gift to The 519 that will continue to have an impact for years to come.
Your legacy gift will directly translate into improving the lives of the LGBTQ communities we serve. This means more support for LGBTQ newcomers and refugees, older adults and young people. It means helping The 519 employ training, activism, advocacy and education to change society for the better.
There are several ways to make a planned gift. Here are the most common ones:
Making a bequest through your will is both a meaningful and tax-advantaged way to express your values and support The 519. Bequests may be structured in various ways. One option is to make a specific bequest – one that allows you to give a specific dollar amount of cash or another asset, or a stated fraction of your estate, to The 519 . Another option is to make a residual bequest which is all or a portion of what remains in your estate after other specific bequests are distributed and expenses are paid. A bequest can also be made contingently – the gift will be made only in the event of the death of other named beneficiaries.
Sample Bequest Wording
While we strongly encourage you to seek the counsel of independent financial advisors and lawyers for your estate planning, we have prepared some sample bequest working to assist you in your gift planning. Sample Bequest Wording for Your Will
Confirming Your Bequest
If you have already made provisions for The 519 in your estate planning and want to inform us, please fill out the Bequest Confirmation Form and return it to The 519. Completing and returning this form does not place you in any legal obligation to The 519.
If you are interested in exploring your planned giving options, including Gifts of RRIFs and RRSPs, Charitable Gift Annuities and Remainder Trusts, or a Gift of Property, please contact Stacy Kelly, Director, Philanthropy, at SKelly@The519.org or 416-355-6778.
The 519 urges everyone to seek legal and financial counsel when considering an estate gift or other planned gift to The 519. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity.