Stock and Security Donations
Canada’s tax incentives for charitable donations are designed to make it easier to you to support Project SHARE. How you structure your charitable donations can be as important as the amounts you give, both to the charity and to the donation’s after-tax cost you. Individuals and corporations who donate securities listed on prescribed stock exchanges, mutual funds and segregated funds of life insurance companies to charities do not have to include any portion of the resulting capital gain in their income. Simply have your investment account holder contact Project SHARE to arrange for transfer. A receipt will be issued for the value as of the day it is received.
To learn more, please email email@example.com or call 905-357-5121 ex.27
Leave a gift in your will
A gift in your will, also known as a bequest is a simple way to continue supporting Project SHARE and those who are less fortunate in Niagara Falls for years to come.
You can choose to leave a pre-determined sum of money or a percentage of your estate and benefit from significant tax savings on your estate.
Sample language for leaving a gift in your will:
- ”I give to Project SHARE the sum of $____”
- “I give to Project SHARE five percent (5%) of the rest, residue and remainder of my estate”
You may also direct your gift to a specific program at Project SHARE (emergency food, Christmas program etc)
- “I give to Project SHARE, the sum of $______ to be used in support of ______”
You may leave a gift in your will contingent upon a condition such as a family member predeceasing you, which could sound like this:
- “In the event that my brother does not survive me, I give to Project SHARE $______”
Project SHARE encourages you to speak to your lawyer or financial advisor to determine the charitable tax benefits.
For more information on leaving a gift to Project SHARE in your will contact Pam Sharp, Community Development Coordinator at 905-357-5121 ext 35 or firstname.lastname@example.org
Donate an Insurance Policy
There are several ways to support Project SHARE through a gift of life insurance.
- You can give a paid up insurance policy to Project SHARE
- Purchase a new policy and transfer ownership to Project SHARE
- Retain ownership of your policy and name Project SHARE as the beneficiary
For many donors, the gift of a life insurance policy is the same value as a monthly donation, but becomes a much greater gift for Project SHARE down the road.
Project SHARE encourages you to speak with your insurance broker or financial advisor to discuss the tax benefits of gifting a life insurance policy.
For more information on supporting Project SHARE with a gift of life insurance contact Pam Sharp, Community Development Coordinator at 905-357-5121 ext. 35 or email@example.com
Food procurement is done daily at Project SHARE with staff consistently reaching out to the community requesting their support. On average, 350 pounds of emergency food is distributed each hour to families in need at Project SHARE. This amounts to over 700,000 pounds of food a year. If each resident of Niagara Falls donated ¾ of a pound of food each month, Project SHARE would b e able to sustain their food bank without seeking any other assistance. Most importantly, essential items like peanut butter and formula for babies are hard to come by due to the high level of cost.
You can ease the strain by making a food donation and encouraging others to do so. Participating grocery stores are equipped with food drive barrels all year round to make donating food as easy as possible.
Participating food drop-off locations:
- Chippawa Foodland
- Niagara Falls Foodland
- Food Basics
- Jim’s No Frills
- Commisso’s Fresh Foods
- Sunstrum’s Florist
- Giant Tiger
- Zehrs Food Plus
Over 41% of the food that is donated to Project SHARE comes from outside of the Niagara Region. Within our area, we do conduct a city-wide food drive each year, and community members also conduct other food events on our behalf throughout the year.Items donated should have nutritious value. Some clients may be homeless or living at a motel. For these situations, foods that are easy to make or ready to eat are required.
Traditionally, the items we need most are:
- fresh or frozen fruits & vegetables
- baby formula
- 100% fruit juice
- macaroni and cheese
- peanut butter
- We do have refrigerator and freezer storage space for perishable items such as:
- fresh fruits
- fresh vegetables
- other dairy products
- frozen foods
The average cost to feed a family of four, including a baby, each day is about $70. The Ontario Association of Food Banks reports that, during 2009, the price of many items on the grocery lists of families across Ontario increased by over 10%. These items included milk, peanut butter, pasta, flour, canned soup, baby food, and potatoes.
Kindly check expiry dates on items you are donating. We strictly follow the guidelines of the Public Health Department that restrict us from distributing out-of-date food. Having to handle and dispose of out-of-date food items increases our costs, using funds that could be better spent to help people through our programs.
Because we strictly follow the guidelines of the Public Health Department we are restrict from distributing food items in dented cans or in packages that have been torn or damaged.
Charitable receipts can be issued with proof of purchase of donated food.
Toy & Clothing Donations
Project SHARE does accept donations of new, unwrapped toys and clothes that are then distributed through the Christmas Program. We do not accept gently used items.
Project SHARE partners with Goodwill Industries Niagara and St. Andrew’s United Church Shoulder to Shoulder Program for gently used clothing donations
Our most needed donations are gifts for 12-17 year olds including:
- Video games
- Gift Cards