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Support Knox

Engaging graduates, former residents and friends in philanthropy and stewardship is important for Knox College.

Having the financial support of alumni/ae and friends means:

  • ensuring opportunities for students and residents to pursue their education;
  • planning boldly for the future of theological education;
  • maintaining this building so many have called home.

It also means helping to make a difference in the world we live in today.

At Knox we aspire to prepare students and residents to be dynamic leaders, to be vibrant and concerned citizens of the world. To be ethical and socially conscious individuals. We are also grateful recipients of your gifts and thoughtful stewards of your generosity.

Why Give

Because your gifts very simply have a direct impact on our students’ success.

Ways to Give

There are many ways to support Knox’s mission. Consider the variety of ways you can make a gift and help us to prepare strong leaders for the church and for our communities.

Cash & Cheques

To make a donation by cash or cheque, please mail your gift to the Development office and let us know if you’d like us to direct it to the annual fund for the area of greatest need or if you have a special interest you’d like to fund with your contribution.

Corporate Matching Gifts

Double the impact of your gift with the help of your employer.

Hundreds of companies in North America will match contributions made by their employees. Some will even match gifts contributed by retired employees.

When you’re ready to make a gift to Knox, 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 College and we will take care of the rest. That’s all it takes to double the good you do!

Gifts in kind

Not all the support that Knox receives is financial.

If you’re considering donating a piece of art, rare books, property or other valuables, please contact us first as this type of gift requires special consideration.

Tax receipts may be issued for the fair market value determined when the gift is made. Gifts in kind may be added to the College’s collections for future generations of students and Faculty to enjoy or may be designated for liquidation upon transfer of ownership to Knox to provide the support the College relies on to continue preparing future leaders for the church.

Life Insurance

Knox welcomes gifts of life insurance. You can donate life insurance by transferring ownership and beneficiary status of an existing or new policy to the College, or you can simply name Knox as the beneficiary of your policy.

Gifts of life insurance are made by transferring ownership of an existing or new policy to Knox. You receive a tax receipt for premiums paid after the date of transfer. You can also name Knox 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.

Stocks & Securities

Donating publicly traded stock and securities is a tax-smart way to support Knox College. 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.

The simplest way to make your gift of stock or securities is to have the shares electronically transferred from your account to our account. Staff in the Development office will help guide you through the process and provide all necessary information. The receipt value will be based on the closing trading price on the day Knox 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.

Bequests

Plan for your gift now, but donate it later.

A bequest is a gift in your will, which you can direct to Knox College undesignated for the area of greatest need or designate to a particular 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 the College.
  • 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 College priority that meets your interest, such as a scholarship, capital project, or program.

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

Planned Gifts

By making a gift today, you are making a gift for the future.

A planned gift is a gift made, or promised, from your assets or estate. There are a variety of giving options available including bequests, life insurance policies, charitable remainder trusts, etc. Please give the Development office a call at 416.978.0139 for assistance and information regarding your planned gift.

Planned giving truly is providing for the future leaders of the church today.

Memorial Gifts

Gifts made in memory or in honour of someone are welcomed and encouraged by Knox College. This is a wonderful way to pay tribute to a minister, friend or room mate that has touched your life. Knox College is pleased to inform the honoree and/or the family of a loved one of your generosity.

Direct Aid

Individuals or congregations may wish to give direct support to a specific student or resident at Knox College. These contributions are received in the Development office, please mark your contribution accordingly and we will ensure it is directed to the recipient of your choice. These gifts are not eligible for a charitable tax receipt.

Read our Donor Bill of Rights

Where to Give

Give to Knox’s area of greatest need. Or if you have a specific area in mind, designate your support. You might also be curious about some of our special initiatives.

Contact the Director of Development for more information.


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