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Leave a legacy

About legacy giving

A legacy gift is a lasting statement of your generosity and care and an opportunity to say that you believe in a future free of vision loss.

Why leave a legacy Gift

Canadians give for different reasons and in different ways. For some it is a way to ensure their memory lives on; for many it’s a way to ensure that their favourite charity is able to continue its important work, while for others it represents a way to ease the tax implications that come with the transfer of their estate to surviving relatives.

Plan your Legacy gift by following these steps:

More Canadians are discovering estate planning as one of the most valuable ways to help Fighting Blindness Canada continue to make research discoveries well into the future.

A legacy gift is a gift with lasting meaning – a gift of time that awards future generations with the blessing of good eye health. Plus…

  • It’s a future gift that doesn’t cost you anything during your lifetime.
  • There are no extra out-of-pocket costs and your income will not decrease.
  • It’s a highly effective way to reduce estate taxes on your final tax return.
  • You can feel good knowing that you’re supporting a cause that’s meaningful to you while creating a Legacy of hope.

Get a free guide by emailing

A bequest is a gift you make through your Will, to support a cause that’s important to you.

A properly prepared Will provides you with the security of knowing that your possessions and estate will be distributed in line with your personal values and wishes.

When planning your Will, it’s important to decide your personal goals and the needs of your beneficiaries. With the help of an advisor, you can include language in your Will specifying what gifts are to be made to family members, friends or Fighting Blindness Canada as part of your estate plan.

Bequest Options:

  • Charitable bequests can take many forms and often consist of cash, real property and/or securities like stocks, bonds and mutual funds. Learn more about how to donate securities.
  • Specific/legacy bequests designate an exact dollar amount, percentage or particular asset, such as the stock of a certain company, to be donated to Fighting Blindness Canada.
  • Residual bequests name Fighting Blindness Canada as the beneficiary of all, or a percentage of your estate after all debts, taxes, administrative expenses and specific/legacy bequests have been paid. Because this type of gift leaves a percentage rather than a fixed amount to Fighting Blindness Canada, inflation will not reduce the value of your gift.
  • Contingent bequest take effect when you name Fighting Blindness Canada as an alternate beneficiary. Your gift is given to Fighting Blindness Canada only if other beneficiaries in your Will pass away before your passing.
    Your legal advisor can help you prepare a Will that addresses your individuals wishes and requirements.

Gift of retirement savings plans (RRSPs or RRIFs)
Making a gift of your retirement plan savings – RRSPs (registered retirement savings plan) or RRIFs (registered retirement income funds) – can reduce the taxes on your estate and protect its value for your heirs. It also enables you to make a significant impact on the research of Fighting Blindness Canada.

If you are not survived by a spouse and you have no dependent children or have already made arrangements for your dependent children, leftover retirement funds can make an excellent charitable gift because the resulting tax credit will help to make up for the taxes otherwise payable on the transfer or distribution.

Gift of Life Insurance
A gift of life insurance allows you to make a significant donation to Fighting Blindness Canada at a relatively low cost while protecting the value of your estate for your heirs and possibly saving on taxes.

  • Option 1: Name Fighting Blindness Canada as the beneficiary of a new or existing life insurance policy. Your estate will receive a tax receipt for the proceeds of the policy.
  • Option 2: Purchase a new policy with Fighting Blindness Canada named as the owner and beneficiary. You will receive annual tax receipts for the premium payments.
  • Option 3: Transfer ownership of a paid-up policy, with Fighting Blindness Canada named as beneficiary. You will receive a tax receipt for the current value (known as the “fair market value”).
  • Option 4: Transfer ownership of a partially paid-up policy, with Fighting Blindness Canada named as owner and beneficiary. You will receive a tax receipt for the fair market value of the policy and annual tax receipts for the ongoing premium payments.

Charitable Gift Annuities
A charitable gift annuity (CGA) offers you a way to increase your income, reduce your taxes and make a substantial gift to Fighting Blindness Canada in support of innovative, ground-breaking research. CGAs deliver both a gift to Fighting Blindness Canada and a guaranteed income for life to you as a donor.

The annuity rate (your guaranteed income) will be based on the age of each beneficiary but will often be higher than the investment return you would have otherwise received on the donated assets. In addition, a significant portion of your annuity income payments – and in some cases 100 per cent – will be payable to you, tax-free.

Gifts of Property
A gift of property, also called a “gift-in-kind,” refers to donations of such tangible assets as real estate, special collections, cultural property and works of art.

A gift of property may be kept and used by Fighting Blindness Canada or it may be sold. The donation receipt is issued for the fair market value of the donated property as determine by appraisal. Please note that these gifts require Fighting Blindness Canada’s approval in advance of acceptance.

Gifts of Charitable Remainder Trusts
A charitable remainder trust (CRT) is a deferred giving arrangement under which you would transfer property (cash, appreciated securities, or real estate) to a trustee. You (and/or other beneficiaries) would retain the right to the income from the trust either for life or a specified term of years. Fighting Blindness Canada will receive whatever remains in the trust after that specified term or after the death of the last beneficiary, whichever has been agreed to in the trust document.

Donors who establish a CRT will receive a generous donation receipt today for the present value of their gift (the “charitable remainder”) which Fighting Blindness Canada will receive when the trust terminates.

10 things you can do to create a legacy that lives on:

  1. Prepare a Will.
  2. Leave a gift in your Will to your favourite charities, such as Fighting Blindness Canada.
  3. Decide whether to leave a specific dollar amount or a percentage of your assets to your favourite charities.
  4. Consider using assets such as mutual funds, or publicly traded stocks for your legacy gift.
  5. Name Fighting Blindness Canada as a beneficiary of your RRSP, RRIF or pension plan.
  6. Name Fighting Blindness Canada as the beneficiary of an existing life insurance policy.
  7. Purchase a new life insurance policy and name Fighting Blindness Canada as the beneficiary.
  8. Honour a loved one through your legacy gift.
  9. Encourage family and friends to consider leaving a gift(s) to a charity in their Will planning.
  10. Ask your financial or estate planning advisor to include charitable giving as part of your financial plan, and to incorporate in their advice with other clients too.


Contact US

Ann Morrison, Director of Philanthropy
Toll free 1.800.461.3331 ext. 232 |

Doug Smith, Donor Relations Officer
Toll free 1.800.461.3331 ext. 237 |

Legal Name: Fighting Blindness Canada
Charitable Registration # 119129369 RR0001

Together, let’s make a difference!

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