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Sources of Funding
The mission of the Thomas More Institute is to provide imaginative, lifelong learning to curious adults. We try to keep our fees low to make our courses accessible to as many people as possible. Course fees cover approximately 20% of our costs; a Quebec grant covers 40%; and the balance must be raised through donations. For this reason we encourage individual and corporate contributions.
We acknowledge the ongoing support of the Quebec Department of Education, those corporations and individuals who responded to our financial appeal from June 1, 2011 – May 31, 2012, and those who contributed in memory of the late John Hallward, Mary McAsey, Neil McKenty, Kathleen O’Connor, and Mary Parfitt.
The Catherine Gleason Lifelong Learning Award is supported by donations from her family and friends.
Donating to the Thomas More Institute
There are several convenient ways to donate and charitable donation receipts will be granted upon request:
1. Donate online
This can be done quickly and easily through CanadaHelps.org
2. Donate by phone
To donate by credit card, please contact us at 514 935-9585.
3. Donate by mail or in person
To donate by cheque, please download and complete the TMI Donation Card and send it along with your cheque (payable to the Thomas More Institute) at the following address: 3405 Atwater Avenue, Montréal, QC H3H 1Y2
4. Donate securities
Donating securities is a tax-effective way of giving money to any charity, since there is no capital gains tax that would otherwise be payable if the securities were sold, and the donor gets a charitable donations receipt for the full market value of the securities on the day they are transferred.
It is important to note that relief from income tax on capital gains is realized only if the shares/units are transferred directly to the ownership of the charity. If they are sold by the donor and the resulting proceeds donated to charity, there is no such tax relief.
Securities (stocks, bonds, and mutual funds) traded in Canada or the United States can be donated. If you wish to donate securities, consult your financial advisor and follow the instructions on this Transfer of Securities Form [PDF]. Please submit one copy of the form to the National Bank as directed and one copy to TMI.
A legacy gift is a special way to make a significant investment in TMI, which can provide enriching experiences for generations of TMI students to come. There are several ways to leave a legacy gift including donating securities and making a bequest in your will.
A charitable bequest is a gift of money or property designated in your will. Your bequest will not trigger an immediate tax savings, however your estate can earn a significant tax credit. Please contact the president of TMI to discuss your bequest planning. If you have already made a bequest to the Institute, we thank you.
Sample Bequest Language
– I, give, devise and bequeath to Thomas More Institute, the sum of $______ to be used
– I, give, devise and bequeath to Thomas More Institute, ____% of the residue of my estate to establish a permanent trust fund, managed as part of the Institute’s overall endowment fund, to be known as the ______ Fund. Income from said fund shall be used to fund _______________.