Archbishop Philip Pocock was a trailblazer
There’s no doubt that Archbishop Philip Pocock’s stand against Planned Parenthood was a defining moment in his episcopal career.
A noble experiment that changed lives
It wasn’t anger. It wasn’t fear. It was truth that made Archbishop Philip Pocock stand up and say no.
The morning of March 20, 1976 Toronto discovered the Catholic Church wasn’t buying the city’s new notion of progress.
40 years of Catholic mercy and compassion
Blessed are the merciful, for they shall obtain mercy.
Jesus gave us the Beatitudes to remind us that we are called to show compassion to our brothers and sisters in Christ. The eight Beatitudes, from the Gospel of Matthew, provide an opportunity to reflect on how we live out these values in our daily lives.
’Tis the season for charitable giving
TORONTO - Canadian charities count on the arrival of the Christmas spirit as the final six weeks of the year account for almost half of their annual donations.
Legacy endowment lets you give support in life and death
TORONTO - Fr. Rudolf Philip Volk served his family as a parent, his community as a priest and, in his death, the Church as a financial supporter for those in need.
ShareLife comes in over the top in 2015 campaign
TORONTO - Catholics of the Archdiocese of Toronto pulled together at the last hour to push the ShareLife annual appeal above and beyond its goal.
Thornhill parish stands out for its Haiyan aid
THORNHILL, Ont. - The Philippines received relief aid from around the world when Typhoon Haiyan hit the country’s shores almost two years ago. But for Bishop Gerardo Alminaza of the Diocese of San Carlos, it was one Canadian parish that stands out for having left a particular impact on his community.
Series of events combine to put ShareLife behind
Natural disasters around the world combined with a larger fund-raising campaign in the archdiocese tapping into the generosity of Toronto Catholics are making for one of the most difficult years in ShareLife’s history.
Mississauga school provides hope for ShareLife
MISSISSAUGA, Ont. - With donations to this year’s ShareLife campaign down, there is a ray of fundraising hope coming from Catholic schools.
TORONTO - When it came to supporting the work of his brothers and sisters in Christ, the late Joseph Barnicke could be counted on to put his money where their mouths were.
A sacrificial gift to make a difference
Parishioners across the Archdiocese of Toronto have always been generous towards the needs of the greater community. Last fall, I noted that the archdiocese would be undertaking the Family of Faith campaign in parishes, and that it was important to maintain support for ShareLife while we contributed to this effort.
Catholics continue to answer the call
ShareLife comes up just short in 2014 campaign
TORONTO - After two consecutive record-setting years, ShareLife has come up just shy of meeting its $12.65 million parish goal. But the missing $389,000 isn’t upsetting Arthur Peters.
ShareLife looking for push in final weeks
TORONTO - With less than a month left in the 2014 ShareLife parish campaign, the charitable fundraising arm of the Archdiocese of Toronto is still more than a million dollars shy of its $12.65-million goal.
Every bequest is appreciated
TORONTO - Quentin Schesnuik was visiting St. Cecilia’s Church for an estate planning presentation when he spotted a little girl giving a leaf to the pastor. Fr. Joseph Tap Van Tran thanked her for the leaf, blessed her and kept the gift.
“At the moment she gave it to him, she meant it with all sincerity,” said Schesnuik, manager of planned giving and personal gifts for ShareLife, the charitable fundraising arm of the archdiocese of Toronto.
Similarly, whenever somebody puts the Church in their will, they should mirror this sincerity, he said.
“At the end of the day, it should be about how you make that gift… A lot of times people use their will to make the gift they always wanted to in life but just never thought they could.”
Any gift left to ShareLife in a will is turned into cash which lands in the ShareLife Legacy for Life Endowment Fund, said Schesnuik.
“An endowment is an investment that’s set aside for the long-term support of ShareLife,” he said. “Within the endowment, the principle is protected… And the principle is used to generate income to fund ShareLife programs.”
As the endowment grows, it strengthens the ShareLife allocations as a whole, he adds.
“The income that the endowment generates goes into general funding, so in a very real sense, the money is used to help fund all ShareLife agencies and grant recipients.”
The endowment fund currently sits at $2.8 million. Last year, it generated about $80,000 in income, said Schesnuik.
“Sometimes you could have a will where someone says, ‘I have a Harley Davidson and I want it to go to ShareLife.’ In that case, the estate trustee would contact us and we’d work with them, take possession of the Harley Davidson, sell it and use the proceeds to put in the endowment.”
When a person decides they’d like to donate to ShareLife, their lawyer contacts ShareLife and asks for their legal title, said Schesnuik.
“Knowing the proper legal title is really important because the law is all about language and the interpretation of language,” he said. By knowing this, the lawyer knows exactly where to direct the funds. ShareLife’s legal title is The ShareLife Trust.
One hundred per cent of the proceeds bequeathed to ShareLife support ShareLife, adds Schesnuik.
But your estate doesn’t just mean your house, it means your total assets.
“It’s your assets minus your liabilities,” said Schesnuik. “If somebody has more liabilities than assets, there won’t be anything left to distribute.”
He emphasizes that it’s not necessarily about the amount left behind.
“God loves a cheerful giver, and so, it’s in that spirit I think that person should make a cheerful gift.”