The vitality and continued success of the Mariners’ House is made possible through the generous support of its donors, patrons and volunteers. We appreciate receiving books, magazines, jigsaw puzzles and warm clothing which we in turn donate.
Monetary donations offer us the greatest flexibility for focused redeployment of well-wishing. Our redesigned website makes it painless to make a financial donation. For the mere cost of two or three take-out coffees a month, $5 or $10 can be donated from your credit card through PayPal. The handling charge is very small, so your donation dollar is going to where it really does the good work. For those who prefer traditional methods of payment we gratefully accept donations sent by cheque to our mailing address. All financial donations are eligible for a charitable receipt.
NEWS! Make a Donation of Stock or Mutual Funds and Save Taxes! Canada’s tax incentives for charitable donations help you support your favourite charities - including Mariners’ House. Starting in May 2006, the Federal government made it especially attractive to donate eligible stocks or mutual funds instead of cash. For such securities that have grown in value and thus have an inherent capital gain, the new securities donation rules create a “win-win” situation for both donors and their favourite charities. All investors must dispose of stock and other securities at some point - whether during their lifetime or upon their death. If your securities are sold for cash, you or your estate will pay the Federal government what could be a sizable tax amount if significant capital gains are realized. But if you donate eligible securities directly to Mariners’ House instead of selling them, you will eliminate the capital gains tax and will also get a tax-deductible receipt for the full market value of your securities (instead of only for the after-tax cash value). And you need no cash to make such a donation! Eligible securities are publicly-traded stocks (including Canadian and US stocks) or mutual funds. How you structure your charitable donations can be as important as the amounts you give, both to you and to the charity. How You Save By Donating Securities - Talk to Mariners’ House soon about how you might structure your donations in ways that can maximize the financial benefits of your gift for Mariners’ House as well as the tax benefits to you. Mariners’ House would require securities donations to have a market value of at least $250. For more information please call us at 1-514-849-3234. Mariners’ House also encourages you to contact your personal financial advisor before making any substantial gift. Bequests and Memorial Donations You can leave a legacy supporting your interests in the Mariners’ House by naming Mariners’ House in your will. Your estate will receive a donation receipt for the full amount of the bequest. For further information please call Carolyn Osborne at (514) 849-3234. Your name or estate will be posted to our virtual ‘Legacy Wall’ for all visitors to see. Please help us to continue offering assistance and friendship to the world’s seafarers!