1 / Bequest

(Leave a gift to CPAR in your will)

There are many ways to leave a gift in your will to CPAR:

• A percentage of your estate

• Specific dollar amount

• A share of your estate after your loved one’s needs have been met (residual bequest)

• A share of your estate after your other beneficiaries have passed on (contingent request)

• Gifts of real property, bonds, specific mutual funds or life insurance

We are happy to provide you with examples of wording that best expresses your wishes in your bequest to CPAR.

CPAR is also pleased to provide a complimentary guide to help you get started.

This handy guide will help you gather all of the information you will need and will also identify decisions you will have to make before you visit your lawyer to draft and finalize your will.

The guide is in printable format. Please call us if you wish to receive a copy of the complimentary Will Planning Guide in the mail.

If you already have a will and wish to leave a gift to CPAR, you can add the bequest through a properly drafted and executed “codicil” (a simple addendum to your will).

You can also make a gift of life insurance or retirement funds by making Canadian Physicians for Aid and Relief the “beneficiary” of your insurance policy and/or your retirement funds.

If a gift of RRSP or Life Insurance is the right approach for you, please contact your insurance provider or the company holding your retirement funds to discuss and request a “change of beneficiary” form.

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2 / Retirement Funds

Name CPAR as the beneficiary of your retirement funds, such as your Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF) and your estate will receive a receipt from CPAR to offset taxes due from the distribution of your retirement funds which are among the most heavily taxed assets you own

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3 / Life Insurance

There are several ways you can make a gift of life insurance to CPAR:

• Transfer an existing policy to CPAR and receive a charitable tax receipt for the net cash value of the policy

• Apply for a new insurance policy, with CPAR as the owner of the policy, and receive a tax receipt each year for the premiums you pay

• Keep ownership of your life insurance policy and name Canadian Physicians for Aid and Relief as the beneficiary. Your estate will receive a charitable donation receipt when the proceeds of your policy are paid to CPAR

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4 / Endowment Funds

An endowment fund is a gift that will support your philanthropic interests today and well into the future. Your gift, or capital, will be invested in CPAR’s long-term investment pool, earning interest. The capital remains unspent, but each year, the interest generated is used to fund the core program area(s) that means the most to you. An endowment fund can take the form of a large one-time gift to CPAR, or it can be cumulative gifts that add up to the dollar amount of the endowment fund that you commit to. You may establish an endowment fund in your name, your family’s name, or in memory of a loved one. A minimum threshold of $10,000 is required to set up an endowment fund with CPAR. If you wish, you can allow loved ones to contribute towards your legacy endowment fund in lieu of gifts on milestone occasions. It’s a wonderful way to share your culture of philanthropy and make a significant impact during your lifetime. And a charitable tax receipt will be provided by CPAR for every gift made towards your fund.

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5 / Gifts of Securities

A gift of securities is a convenient and financially beneficial way for many donors to show their support for building healthy communities in Africa during their lifetime. Publicly listed securities include publicly traded stocks, bonds and mutual funds. You do not have to pay a capital gains tax when you make a donation of publicly listed securities and stocks to a registered charity such as CPAR. CPAR will issue you a tax receipt for the full value of the security you have donated.

50 per cent of a capital gain from the sale of stock is taxable. When a stock is donated to a registered charity, the full capital gain is exempt and no tax is owed. The exemption can be applied to income tax returns up to five years after the gift has been made, as with any charitable contribution.

To make a gift of securities to CPAR, contact a CPAR staff member to begin the process:

Telephone: 416-369-0865 or email: info@cpar.ca

1. Complete the CPAR Share Transfer Form  or go to our secure online form with partner CanadaHelps at and email it to info@cpar.ca, or mail it to CPAR Attn: Planned Giving.  

2. Instruct your broker to transfer the shares to the CPAR account.

3. You will be issued a tax receipt two to three weeks after the closing date of the sale of the shares. The value of the tax receipt will be the value of the stocks at the closing price on the day CPAR receives delivery of the security.