Gifts Of Annuities

You believe that all women and girls deserve to have access to their basic rights and live free of violence and abuse. You also believe that young people in developing countries deserve a better access to capacity building, economic opportunities and leadership. You can help us to make it possible. You can be an agent for change by leaving a legacy gift to Crossroads International.


How to start

Depending on your age, a charitable annuity allows you to save tax, enjoy a guaranteed predetermined income for life and give a gift today.  This type of gift may be appealing if you are over the age of 65, have accumulated wealth and do not need this portion of your capital to leave for your surviving spouse or heirs. It can be also interesting if you are concerned about the amount of tax you pay on your interest-bearing investments, wish to increase your after-tax disposable income, like the security of fixed, guaranteed income, or would like worry-free management of your investments.

Crossroads International strongly recommends that you seek professional advice to ensure your financial goals are considered, your tax situation reviewed, and your planned gift is tailored to your circumstances.


Benefits of Gifts of Annuities

  • Tax-Free Income: Each annuity payment is a blend of capital and interest; the capital portion of your payment is non-taxable.  The blend is structured so you pay less tax.
  • Guaranteed Rates: The rate of return is fixed.  Depending upon your age, a charitable gift annuity can provide you with a higher rate of return than those available on similar investments such as guaranteed investment certificates or Canada Savings Bonds.
  • Convenient: You can choose the payment structure that suits you, e.g., monthly, quarterly, or annually and your payment can be deposited directly into your bank account.  You can purchase an annuity now and defer the payments to a later date.  You will be freed from investment management concerns.
  • Low Risk and Insured: The Canadian Life and Health Compensation Corporation insures your payments, which guarantees annuity payments up to $2,000/month in the event of an insurance company failure.
  • Tailored: Crossroads International works with annuity brokers to explore the variety of options available in the marketplace and we will ensure that your gift is set up to meet your needs.  For example, you may choose to guarantee your annuity for life or for a set number of years.
  • Reputable: After the details of the annuity have been decided, Crossroads International purchases the charitable annuity from a reputable commercial institution on your behalf.
  • Immediate Gift: Enables you to give a donation now. You receive a donation receipt in the year you purchase the annuity, this further offsets taxes owed for that year.
  • Recognition: Your gift can be honoured during your lifetime.
  • Satisfaction: Your gift is made for personal reasons; you can create a lasting memorial for you, your family or anyone you may wish to honour. Of course, you will also continue to be part of solutions that fundamentally improve people’s lives by reducing poverty and advancing women’s and girls’ rights around the world.

Download the Guide to Gifts Annuity or contact Wanjiro Ndungu, our Manager Philanthropy, at or call 416-967-1611 for more information.