How to Give

Inspire Greatness. Support the boundless potential of our students and faculty. Make a Gift.

Each year, thousands of donors to the University of Toronto make a difference in the lives of our students and community. 

There are many different ways to donate to U of T Mississauga – from writing a cheque to leaving instructions in your will. All donations help our students who are being taught ideas and skills necessary to shape our world in the coming decades. Explore our donation options to discover which option(s) best suits your financial and philanthropic goals:

Annual Fund: 

Flexibility is at the heart of the Annual Fund. Your investment in the University can be undesignated - supporting the area of greatest need - or can be directed to an area of your choice.  You may also be able to double your gift’s impact through the Corporate Matching Gift program.

Have a question? Please contact us:
MICHELLE KIM, Senior Development Officer, Annual and Leadership Giving
905-569-4244
miche.kim@utoronto.ca

To Donate Online:
https://donate.utoronto.ca/utm

Charitable Remainder Trust

Arrange a trust for U of T using cash, bonds, securities, real estate or another tangible asset. A charitable remainder trust—like a gift of residual interest—allows you to arrange your legacy gift now and receive an immediate tax receipt, while enjoying the interest income or use of the gifted asset for life.

To establish a charitable remainder trust, you fund the gift by irrevocably transferring assets (a sum of money, securities, personal or real property) into a trust to be managed by a trustee (a financial institution, yourself, a lawyer or other individual). A trust document names the interest income beneficiary (you or an alternative individual based on one life, joint lives, or for a fixed term) and names U of T as the remainder beneficiary. You receive a receipt based on the net present value of the remainder interest.

Benefits of a charitable remainder trust gift:
Receive a charitable tax receipt for the net present value of the remainder interest in the trust when the gift is made. (Net present value is based on the anticipated number of years you or another assigned beneficiary will receive the interest income from the trust, according to current fair market value and the appropriate annual discount rate.) Carry the excess tax credit forward for up to five years if your gift exceeds 75 per cent of your net income in the year the gift is made. Experience freedom from investment worries while receiving lifetime income from the donated asset. Avoid probate. Charitable remainder trusts are less susceptible to being contested, and provide privacy. Designate your gift to a university priority that meets your interest, such as a scholarship, capital project, program or research.

Have a question? Please contact us:

ANDREW STELMACOVICH, Executive Director of Advancement
905-828-3746


EXECUTIVE DIRECTOR, GIFT PLANNING
Tel: 416-978-3846
or toll free at 1-800-463-6048
Fax: 416-946-7574
gift.plan@utoronto.ca

Bequests

Feel good about your gift now, but donate it later. A bequest is a gift in your will, which you can direct to U of T in general or designate to a particular faculty, college or other area of interest. As well, your estate will be eligible for a tax receipt that can be used in the year of death and the preceding year.

Funds are usually bequeathed as a:
Residual amount (e.g. a share or percentage of your estate) Specific dollar amount, a specific piece of personal use or other property

Benefits of making a bequest:
A bequest is a tax-effective means of supporting U of T. Your estate may claim gifts in the year of death equal to 100 per cent of your net income in that year and the preceding year. You have use of the asset while you are alive. You can designate your gift to a University priority that meets your interest, such as a scholarship, capital project, program or research.

A bequest is revocable and can be changed if your financial circumstances change.

Have a question? Please contact us:

ANDREW STELMACOVICH, Executive Director of Advancement
Tel: 905-828-3746

EXECUTIVE DIRECTOR, Gift Planning
Tel: 416-978-3846
or toll free at 1-800-463-6048
Fax: 416-946-7574
gift.plan@utoronto.ca

Gifts of Residual Interest

You can donate your personal property today, continue to make full use of it, and enjoy an immediate tax benefit. If you are considering a donation of real estate, please contact us first.

ANDREW STELMACOVICH, Executive Director
Tel: 905-828-3746

EXECUTIVE DIRECTOR, Gift Planning
Tel: 416-978-3846
or toll free at 1-800-463-6048
Fax: 416-946-7574
gift.plan@utoronto.ca

Stocks & Securities

Donating publicly traded stock and securities is a tax-smart way to support the University of Toronto. You will receive a tax receipt for the full appreciated value of a donation of publicly traded stock or securities, and you will not be subject to any capital gains tax.

Eligible securities include shares, debt obligations or rights listed on a prescribed stock exchange, a share of the capital stock of a mutual fund corporation, a unit of a mutual fund trust, an interest in a related segregated fund trust or a prescribed debt obligation.

The simplest way to make your gift of stock or securities is to have the shares electronically transferred from your account to U of T’s account. Staff in the Gift Planning office will guide you through the process and provide you with necessary information. The receipt value will be based on the closing trading price on the day U of T receives delivery of the shares. As with any gift, you may designate the use of the value of the securities or leave the gift unrestricted.

Benefits of making gifts of stock and securities:

  • Capital gains tax on publicly listed stocks and securities are exempt on gifts made as of May 2, 2006 when you donate your shares to U of T rather than selling and donating the proceeds (see example below)
  • Value of your tax receipt will be based on the market closing price on the day U of T takes legal receipt of your stock or securities into our brokerage account. Claim charitable donations up to 75 per cent of your net income. A five year carry forward on any unused donation amount is permitted
  • Designate your gift to a university priority that meets your interest, such as scholarships, capital projects, programs or research.

Example:Jeff decided to support U of T with a gift of $100,000. When reviewing whether he should sell his shares in a publicly-listed corporation and then donate the cash proceeds or donate the shares directly, Jeff learned that he would have a greater net tax benefit by donating the shares directly to U of T. The chart below assumes a tax rate of 50 per cent.

SELL SHARES & DONATE CASH DONATE SHARES DIRECTLY

Fair Market Value $100,000 $100,000
Cost Basis $20,000 $20,000
Capital Gain $80,000 $80,000
Taxable Gain $40,000 $0
Tax Credit (at 50%) $50,000 $50,000
Tax on Gain (at 50%) $20,000 $0
Tax Savings $30,000 $50,000
Gifts of Employee Stock Options
Donors making a gift of shares acquired through an employee stock option plan of a publicly traded company also receive favourable treatment as of the Federal Budget of May 2, 2006. Under the new legislation, the inclusion of the employee benefit (income) for tax purposes is reduced to zero if the shares are donated within 30 days of their acquisition. This change is designed to parallel the capital gains inclusion rate for donations of publicly traded securities.

Have a question? Please contact us:

ANDREW STELMACOVICH, Executive Director

Tel: 905-828-3746

ESTATES AND SECURITIES OFFICER
Tel: 416-978-2214, toll-free at 1-800-463-6048
gift.plan@utoronto.ca

RRIFs & RRSPs

U of T and other charitable organizations can be a named beneficiary on registered retirement plan documents. A tax receipt for the value of the investment gifted will be issued to the donor’s estate (this may be all or part of the assets in the plan) and applied towards the final income tax return.

Benefits of making a gift of RRSPs or RRIFs:

RRSPs/RRIFs gifts are a tax-effective means of supporting U of T.You have use of the retirement saving investment while you are alive. Your estate may claim gifts in the year of death equal to 100 per cent of your net income in that year and the preceding year. RRSPs/RRIFs become fully taxable as income in the year of death, usually at the highest marginal tax rate, unless any remaining funds in a RRSP/RRIF account can be rolled over to a surviving spouse or a dependant child. You can designate your gift to a university priority that meets your interest, such as a scholarship, capital project, program or research.

RRSPs/RRIFs gifts are revocable and can be changed if your financial circumstances change.

Avoid probate. Gifts of RRSPs/RRIFs are less susceptible to being contested than a charitable bequest, and provide privacy.

What you should know about arranging a RRSPs/RRIFs gift:
U of T is pleased to assist you by providing sample wording to ensure the University can accept your gift as you intend.

Please use the legal name “Governing Council of the University of Toronto” in your RRSP/RRIF beneficiary designation clause. Our BIN# is 108162330RR0001.

Have a question? Please contact us:

ANDREW STELMACOVICH, Executive Director
905-828-3746

EXECUTIVE DIRECTOR, Gift Planning
Tel: 416-978-3846
or toll free at 1-800-463-6048
Fax: 416-946-7574
gift.plan@utoronto.ca

Life Insurance

Could there be a better policy than supporting the University’s success? You can donate life insurance by transferring ownership and beneficiary status of an existing or new policy to U of T. Alternatively, you can simply name U of T as the beneficiary of your policy.

Gifts of life insurance are made by transferring ownership of an existing or new policy to U of T. You receive a tax receipt for premiums paid after the date of transfer. You can also name U of T as beneficiary of your policy—the resulting tax credit will reduce estate taxes and increase the after-tax value of your estate for other beneficiaries.

A gift of life insurance is an affordable way to make a difference. A modest annual premium paid over time will result in a significant future legacy.

Have a question? Please contact us:

ANDREW STELMACOVICH, Executive Director
905-828-3746

EXECUTIVE DIRECTOR, Gift Planning
Tel: 416-978-3846
or toll free at 1-800-463-6048
Fax: 416-946-7574
gift.plan@utoronto.ca

International Gifts

Not a resident of Canada? Alumni and friends around the world can still help

U of T in its mission.
University of Toronto alumni and their families (family members are defined as: spouses, children, grandchildren, parents and siblings) may make donations directly to the University of Toronto and use the University of Toronto charitable receipt for their U.S. income tax returns under the Canada-United States Income Tax Convention.

American citizens (or residents) who are not alumni or related to alumni of the University of Toronto, as well as corporations, foundations, estates and trusts requiring a U.S. tax receipt, can contribute to the University through The Associates of the University of Toronto, Inc., established in 1947 to facilitate donations. The Associates is a not-for-profit organization recognized under the U.S. Internal Revenue Code, Section 501(c)(3).

For more information on giving to U of T through the Associates, please call toll free 1-800-699-1736 or e-mail associates.ut@utoronto.ca.

Donations may be sent to:
Mr. Gary Kaufman,
Treasurer, The Associates of the University of Toronto, Inc.
58 West 84th Street, #2F
New York, NY 10024 USA

For U.S. Gifts, call 1-800-699-1736 or contact us as associates.ut@utoronto.ca

Donations may be sent to:
Treasurer,
The Associates of the University of Toronto, Inc.
58 West 84th Street
Suite 2F, New York, NY 10024

Additional information:

View tax information (PDF):
Canada-US Income Tax Treaty
View the Financial Statements and Form 990 for the Associates of the
University of Toronto (PDF):
Financial Statement 2009-2010
(PDF – 4.5 MB)
Federal Tax Return (Form 990)
for 2010 – Part 1 of 2 (PDF – 16 MB)
Federal Tax Return (Form 990) for 2010 – Part 2 of 2 (PDF – 10 MB)
CHAR 500 Annual Filing for 2010
Hong Kong

The University of Toronto Hong Kong Foundation solicits and receives donations for scholarships, enabling undergraduate students from Hong Kong with financial need to attend the University of Toronto. Visit the site.

United Kingdom

Residents of England, Wales, Scotland and Northern Ireland who are interested in making a gift to the University of Toronto are asked to contact the office of Gift Planning, Division of University Advancement at 416-978-3846 or email: gift.plan@utoronto.ca.

Gifts-In-Kind

Gifts-in-kind may be added to the University’s collections for the enjoyment of future generations of students and faculty. Proceeds from gifts-in-kind that are to be liquidated upon the transfer of ownership to U of T, help to maintain U of T’s position as Canada’s top ranked university.

If you are considering a gift of property, such as art collections, rare books, academic papers, musical scores, real estate or other valuables, please contact us first. Real estate, Certified cultural property or Corporate inventory property involve special consideration when given as a charitable gift.

Benefits of making a gift-in-kind:
Receive a tax receipt for the appraised fair-market value determined on the day the gift is made. Claim charitable donations up to 75 per cent of your net income, plus claim 25 per cent of the taxable capital gain resulting from a gift of appreciated capital property. A five year carry forward on unused donation amounts is permitted.

Gifts-in-kind of national importance that are eligible for certification under the federal Cultural Property Export and Import Act may be claimed up to 100 per cent of your net annual income in the year of the gift, and any capital gain triggered by the gift is exempt from inclusion as income.

Designate your gift to any area of the University, such as the University Art Centre, the University of Toronto Libraries, scholarships, buildings, programs, faculties, divisions or departments, to use at their discretion

Have a question? Please contact us:

EXECUTIVE DIRECTOR, GIFT PLANNING
Tel: 416-978-3846
or toll free at 1-800-463-6048
Fax: 416-946-7574
gift.plan@utoronto.ca

Corporate Matching Gifts

Double or triple the impact of your gift with the help of your employer. Hundreds of companies in North America will match contributions made to U of T by their employees. Some companies will even match gifts contributed by spouses or retired employees. Is your company a matching gift company? Search our list of Canadian companies or U.S. companies that will match your donation.

Contact your Human Resources department to obtain a matching gift form and complete your portion. Then, include the form when you send in your gift to the University and we will take care of the rest. That is all it takes to double or even triple the good you do.

Is your company a matching gift company?

Search list of matching gift companies – Canada
Search list of matching gift companies – U.S.

Have a question? Please contact us:
CORPORATE MATCHING GIFTS
Tel: 416-978-3810
Fax: 416-978-3978
corpmatch.giving@utoronto.ca

Campus Community Giving

Being on campus affords faculty and staff a unique perspective and understanding of where support is most needed. Each year faculty and staff generously donate to support the objectives they are most passionate about at U of T. Their generosity makes a real difference in the quality of the student experience at the University.

Many employees direct their gifts toward student financial support. Approximately 40 per cent of U of T undergraduate students receive some form of financial assistance during their university careers. Faculty and staff continue to generously support student aid, helping students reduce the often heavy debts that can accumulate over the course of university studies.

Have a question? Please contact us:

MICHELLE KIM, Senior Development Officer, Annual and Leadership Giving
905-569-4244

MANAGER, ANNUAL FUNDS
Tel: 416-978-2366
or toll free at 1-800-463-6048
Fax: 416-978-3978
annual.fund@utoronto.ca