Planned giving

Leave a legacy that serves God's kingdom

Why plan with Compassion?

Wise financial planning lets us provide for our loved ones into the future and offers a unique opportunity to serve God’s kingdom. You can expand your impact by planning with Compassion.

Planned giving is simply “planning to give.” Unlike traditional gifts made from your income, a planned gift is often made from your assets (such as investments or real estate) or from your estate after death. These gifts provide an opportunity to complete your Compassion child’s sponsorship and give even more children the opportunity to live a life free from poverty by:

  • Supporting more children registered in Compassion’s Sponsorship Program;
  • Providing clean water to communities;
  • Helping babies survive their first year; or
  • Giving young people educational opportunities that allow them to become self-sufficient.

When you plan with Compassion, we can help you arrange your finances and estate to maximize gifts to your beneficiaries and minimize tax—and give you an opportunity to change the lives of children living in poverty forever.

Our commitment to you

We are committed to putting you first. We pledge to serve you in the following ways:

We safeguard your interests

We will not enter into an agreement, trust, contract, or other indenture with any financial agency that would not meet standards outlined by federal and provincial guidelines.

We do not accept payment for services

Compassion staff are salaried and do not receive any incentives for their work. Any gifts made will go to Compassion Canada for ministry.

We respect your right to privacy

All information that you give us is kept in strict confidence. This includes all personal identification and addresses as well as estate and beneficiary data. Compassion does not release any personal information.

With a planned gift to Compassion Canada,
you leave a legacy that brings hope into the life of a child.

Your will and a gift by bequest

Having a will is simply good stewardship. If you die without a will, your assets are distributed according to provincial laws, and you have no control over the distribution. You cannot adequately protect your loved ones and dependents without a will.



  • Direct your estate according to your wishes in the best interests of your loved ones
  • Continue the legacy of charitable giving that you started in your lifetime
  • Provide for your family and those who depend on you when you are no longer here

How does it work?

It’s easy to make a gift through your will! After caring for your loved ones, you can give to the organizations and ministries you support. Download sample wording that you can discuss with your lawyer and possibly include in your will:

Download sample text

Please let us know if you include a bequest for Compassion Canada for the completion of a sponsorship, and we will make a note to “hold” your child as your estate is being settled.

Living Sponsorship

Many Compassion sponsors take comfort in knowing that even if they pass away before their sponsored child completes the Compassion program, that child will be supported to graduation. You can easily ensure this by creating a living sponsorship, or prepaying your sponsorship.



  • Your child’s future sponsorship is ensured.
  • You complete your sponsorship simply and seamlessly, with no pause as the estate is settled.

How does it work?

We will calculate the amount required to complete the sponsorship—including birthday, Christmas and graduation gifts, if desired. Once you have made the gift, you will receive a charitable donation receipt for the full amount, and your child will receive this loving support for as long as he or she is in Compassion’s program.

You can fund a living sponsorship in three ways:

  1. Give cash. A lump sum contribution allows you to give your child the security of continuing support right away.
  2. Name Compassion as the beneficiary of a new or existing life insurance policy. If you do this, let Compassion Canada know your plan to fund a living sponsorship in this way. Your estate would then receive a charitable tax receipt to use on your final tax return.
  3. Make a gift of appreciated property. When you give securities—like stock, mutual funds, or bonds—directly to Compassion, you receive a charitable donation receipt for the full amount, and the gift is not subject to capital gains tax.

Contact our planned giving team

Gift of securities

In most cases when you sell or gift publicly traded securities (like stocks, bonds, mutual funds, or segregated funds), you owe capital gains tax on however much those securities have increased in value since you first bought them. But did you know that if you donate securities to Compassion Canada, neither you nor we pay capital gains tax? It is simply eliminated for securities given to charity.


  • The tax on charitable gifts of publicly traded securities has been reduced to zero!
  • You will receive a charitable donation receipt for the full fair market value of the gifted securities.
  • You can claim gifts worth up to 75 per cent of your annual net income. Any unused receipts can be carried forward for 5 years.

How does it work?

  • Contact your financial advisor regarding your intentions. He or she will help you determine which shares to donate.
  • Complete the form.
  • You will receive a charitable donation receipt once the transfer is completed.
  • The gift must be given directly to Compassion in the form of securities. Securities that are cashed and then gifted will not be eligible for the preferred capital gains treatment.

Download the form

Gifts of RRSP/RRIF

For many Canadians, the largest tax liability at death comes from RRSP/RRIF holdings. Unless your spouse is the beneficiary of your RRSP/RRIF, the full value counts as income in the year of death, which means it may be subject to very high taxes.



  • Gifts of registered funds can help you fulfill your philanthropic desires without affecting your present financial situation.
  • Gifting all or some of your RRIF to charity reduces or eliminates tax liability.

How does it work?

If you have a spouse, it is best to name him or her as the primary beneficiary of your RRSP or RRIF. This ensures that your spouse receives the full value of the RRIF without tax unless he or she pre-deceases you. You might then designate Compassion Canada as the secondary beneficiary.

Before you make a gift of RRIF or RRSP, seek independent advice from your accountant, lawyer, or estate planner.

Contact our planned giving team

Life insurance

Jesus compared the kingdom of God to a mustard seed: that small seed can grow into a large life-supporting tree. So too a small amount paid regularly for a life insurance policy can create a larger gift for Compassion children than most donors could make from their personal assets during their lives.


  • You receive the satisfaction of knowing that you have guaranteed a large gift that will sustain God’s work of caring for needy children when you’re gone.
  • Life insurance allows you to make a much larger gift than you could otherwise make.
  • Certain uses of insurance can also substantially reduce taxes.
  • You may be able to combine life insurance with a charitable gift as “wealth replacement” to maximize gifts to both charity and your heirs.

How does it work?

There are several ways to use life insurance to fund a gift to Compassion:

  • Transfer the ownership and beneficiary of an existing policy to Compassion Canada. Many people find that a life insurance policy they took out while their children were at home is no longer needed. When you give that policy to Compassion, you will receive a charitable donation receipt for the full cash surrender value of the policy, and you will receive additional receipts for any premiums you continue to pay on the policy.
  • Apply for a new policy on your life, and name Compassion Canada as both owner and beneficiary. You would pay the premiums directly to Compassion, which would then pay the insurance company. You would receive an annual charitable donation receipt for the amount of the premium.
  • Name Compassion Canada the beneficiary of an existing life insurance policy, which can include group insurance plans. Your estate will receipt a charitable donation receipt for the full death benefit.

Contact our planned giving team

Charitable gift annuity

A charitable gift annuity is an irrevocable agreement with Compassion where you exchange a sum of money for a guaranteed income to you for life, plus a gift for Compassion’s ministry.


  • Depending on your age when the annuity is started, some or all of the annual income received is tax-free! This means your actual “disposable” income will be considerably higher than the taxable interest received from other investments. The amount of tax-free income you receive also increases with age. (Generally, gift annuity rates are not favourable for individuals under 70.)
  • A portion of your initial deposit will be used in Compassion’s ministry to children.
  • Receive substantial tax savings.
  • Make a no-risk investment with steady, dependable income on one life or two.
  • Streamline your estate by reducing probate and legal fees.

How does it work?

A donor transfers a sum to Compassion with a deed of agreement authorizing us to purchase a commercial annuity. Payments are made by cheque or direct deposit.

Contact us for a free annuity quote, and ask about combining life insurance with an annuity.

Contact our planned giving team

Why meet with a Gift Design specialist?


The way you plan to distribute your estate reflects your priorities. If you have a passion for the kingdom of God, then plan your will with a kingdom perspective. We would love to meet with you to talk about how Compassion Canada could help you do just that.

What does a gift planning visit look like?

We walk you through a will planning guide that covers legal issues you need to consider:

  • Who should serve as your executor(s)/trustee(s)?
  • Who should serve as guardians for your juvenile dependents?
  • At what stage should any juvenile beneficiaries receive their portion of the estate?
  • Who will serve as your two different types of power of attorney?
  • How will your estate be taxed?
  • Which assets in your estate are best to transfer outside of the will? What are the benefits/dangers of using joint ownership to avoid probate fees?

Our gift planning specialists can help you look at the big picture, including legal, accounting, tax, and investment considerations:

  • The visit is free and can reduce the time spent with a lawyer.
  • The visit is confidential.
  • We encourage you to include all your favourite charities in your estate planning.
  • We advise you on how charitable giving will affect what your family receives from the estate, and how it reduces the tax your estate would otherwise pay.
  • We can provide you with the proper wording for your will to ensure that a gift to Compassion is used according to your wishes.
Arrange a meeting with a Gift Design specialist