Leave a legacy through Furniture Bank
HOW WILL YOU BE REMEMBERED?
Your legacy means something. To you, your family, your community and to us. When thinking about your values and how you wish to be remembered, please consider leaving a gift to Furniture Bank in your will.
Leaving a legacy gift to Furniture Bank is an opportunity to make long-term meaningful social, economic, and environmental change in the Greater Toronto Area and beyond.
When you make a legacy gift to Furniture Bank, your impact will be felt for generations to come.
Here’s what your gift does:
1. Ensures that gently-used furniture and housewares from donors in the community gets redistributed to families and individuals experiencing furniture poverty. When agency caseworkers were asked about the impact of Furniture Bank in general, the top social impacts related to Furniture Bank beneficiary families (clients) were:
Restoring clients’ hope in the future (83%)
Improving clients’ self-esteem (78%)
Improving clients’ self-confidence (72%)
Creating family stability (72%)
2. Provides 30-40 stable, living wage employment opportunities each year through our Leg Up Social Employment program and Furniture Repair Workshop program.
3. Keeps furniture out of landfills, reducing waste and protecting the environment. Each year Furniture Bank redirects over 1 million pounds of furnishing back into the community.
There are two ways you can leave a lasting impact for generations to come:
GIVE YOUR FURNITURE A NEW LIFE
Make a direct impact in the lives of individuals and families in need of the stability and hope that comes with a furnished home.
Name Furniture Bank as the beneficiary for your furniture and housewares in your will.
EMPOWER THE WORK
Make a sustainable impact that empowers communities across Canada with jobs, environmental solutions and homes by leaving a bequest.
Name Furniture Bank as the beneficiary of your charitable donation in your will.
WHY LEGACY GIVING?
Many donors are not in a position to make a sizeable gift to Furniture Bank during their lifetime. By adding a legacy gift in your Will, you can have a lasting impact with one of the most trusted charities in Canada that honours your commitment to social justice and our mission to end furniture poverty.
Can you explain some of the technical terms?
Bequests, also known as ‘gifts by will’ or ‘testamentary gifts’, are revocable gifts made to a charitable beneficiary through your Will. They can be as simple as including a notation in your Will, or complex with conditions about how you would like your gift to be used – such as designating them to a specific project or fund.
What are the tax benefits?
In addition to the lasting social impact your gift will make, a bequest is also an effective way to reduce taxes on your estate after death. Donations of furniture are always eligible for tax receipts, even after your passing and may be used towards your estate.
How do I leave a gift to Furniture Bank in my will?
If you are considering including a gift to Furniture Bank in your Will, please let us know. We would welcome the opportunity to thank you and discuss the impact you hope your donation will help accomplish.
For help in preparing your gift, please consult your legal advisor and/or financial planner. You will need to provide the following information: