Here is a Helpful Glossary of Gift Planning

A gift that is available for the charity to use now. Also called an outright or current gift.

Under the Income Tax Act, a housing unit, leasehold interest in a housing unit or share of the capital stock of a co-operative housing corporation acquired for the sole purpose of acquiring the right to inhabit a housing unit owned by the corporation that is owned and ordinarily inhabited in the year by a taxpayer, the taxpayer's spouse or child.

A charitable foundation that is not a public foundation. Typically a private foundation receives most of its funds from a single source, its directors do not deal at arm's length with each other, and it makes grants to registered charities.

Land owned by private individuals or corporations rather than the Crown.

Under the Income Tax Act, property of any kind whatever, whether real or personal, including a right of any kind, a share of the capital stock of a corporation and the work in progress of a business that is a profession.

A tax levied on real property by either the province or a local government based on the assessed value of the property, generally market value.

A tax payable under the Property Transfer Tax Act on the transfer of an interest in real property by the person acquiring the interest.

A charity other than a private foundation.

A charitable foundation where more than 50% of the directors, trustees, officers or like officials deal with each other at arm's length and not more than 50% of the capital contributed or otherwise paid in to the foundation has been contributed or paid in by one person or members of a group of persons who do not deal with each other at arm's  length.

Publicly traded securities include stocks, bonds and mutual funds containing stocks listed on approved stock exchanges.