Make a planned gift

“What’s for dinner?”

It’s a question we hear often — sometimes with a smile, sometimes with a sigh. But for many people in Quebec, it carries a much deeper meaning.

Because tonight, once again, some families don’t even know if there will be dinner. And if there is, they’re unsure whether there will be enough for everyone.

Every month, 556,000 people rely on our network for food assistance.

Planned giving is a meaningful way to ensure that, even tomorrow, families will have a meal to share.

Below, you’ll find information about planned giving and how to make a lasting impact.

Our team would be happy to support you throughout the process.

Feel free to contact us by email at gertiekreling@banquesalimentaires.org, by phone at  514-991-8217 or toll-free at 1 877-478-4040.

Gifts of Securities

Making a gift of securities is a simple and tax-efficient way to support Food Banks of Quebec in the fight against hunger.

By transferring your shares to our organization, you will receive a tax receipt for their fair market value at the time of the transfer. It’s a meaningful way to make a difference for vulnerable people in Quebec, while maximizing your tax benefits.
To make a gift of securities, simply complete this form, send it to your broker, and plan the transfer directly with them.
Please note that only you can initiate the transfer: Food Banks of Quebec is not authorized to carry out this process on your behalf.

Life Insurance Gift

By naming Food Banks of Quebec as a beneficiary, you’re making a meaningful gesture that reflects your values.

Here are a few ways you can use your life insurance to help feed the future :

Name FBQ as a beneficiary : You remain the owner of the policy and continue to pay the premiums. Upon your passing, the insured amount is paid directly to our organization. This amount may qualify for a tax credit on your final return. Since a beneficiary is designated, the amount is not taxable to your estate. Please note, however, that premiums paid are not eligible for a tax credit.
Transfer ownership of your policy to FBQ : In this case, our organization becomes both the owner and the beneficiary of the policy. You are no longer the policyholder, so the insured amount paid upon death does not qualify for a tax credit. However, you may be eligible for an annual tax credit for the premiums you continue to pay, as they are considered charitable donations.
Name your estate as the beneficiary with instructions to donate to FBQ : The insured amount is paid to your estate, which then donates — partially or in full — to our organization. This amount will be included in your estate and may be subject to certain estate taxes. While premiums are not eligible for a tax credit, the donated amount may generate one.

Bequest Giving

A bequest is a planned gift that helps nourish the future while leaving a lasting legacy. There are three main types of bequests :

Specific bequest : This may include a fixed amount, a particular asset, property, securities, etc.
Universal bequest : This consists of the entirety of your estate or a portion of it.
Residual bequest : This includes all or a percentage of what remains in your estate after specific bequests have been distributed.
Information to include in your will : Legal name of the charitable organization : Les Banques alimentaires du Québec, also known as “Banques alimentaires du Québec” Charitable Registration number : 121134316RR0001. Address : 555 Roland-Therrien Blvd., Suite 230, Longueuil, Quebec J4H 3Y9.
Suggested wording for your will (This text can be adapted to the type of bequest you choose) : “I bequeath to Les Banques alimentaires du Québec, registered as a charitable organization under number 121134316RR0001, currently located at 555 Roland-Therrien Blvd, Suite 230, Longueuil, Quebec J4H 3Y9, [options: (1) a specific amount / (2) all my assets or a percentage of all my assets / (3) the residue of my estate or a percentage of the residue of my estate], to be used for general support of its activities and charitable purposes without restriction (or for the following program: [insert program name, such as SRP]).”

A Helpful Tip

Before making a planned gift, we recommend consulting a professional such as a notary, lawyer, or financial advisor who is familiar with your personal, family, and financial situation.