Latest News

Posted: April 15, 2021
New Stakeholder Recognition Program from ELFEC ELFEC would not be the successful, growing, and innovative charity that it is without the support of partners, donors and other stakeholders. With this in mind ELFEC is pleased to introduce its “Giving Circle” recognition program that is centered around “thanking” people in a way the charitable organization hopes balances recognition with a desire to maximize the usefulness and purpose of the donations and other investments that are provided to ELFEC. “ELFEC truly cares about the people we service and work with. In past years ELFEC has organized a recognition lunch event and delighted in the opportunity to invite donors and others to be thanked in a very personal way; but because of the global pandemic and public health concerns, ELFEC got creative and introduced a ‘giving circle’”, said Kathryn Smith, ELFEC’s Giving Advisor expert. “My role often focuses around supporting the philanthropic goals of people through planned or legacy giving which enables charitably-minded individuals to make larger gifts to the church than they could make typically from ordinary income using estate planning and securities (stocks and bonds)” shared Kathryn. “ELFEC’s new Giving Circle recognizes planned giving donors and others” she added. The ELFEC Giving Circle is part of a broader effort surrounding donor recognition and stewardship. The below image will be used to produce recognition lapel pins and with communications collateral. “The Luther Rose imagery is foundational and recognizes ELFEC’s roots in the Evangelical Lutheran Church in Canada (ELCIC). The stylized five (5) human silhouettes or petals represent the five (5) Synods within the ELCIC but also the human condition and the ‘people-focused’ work of ELFEC. The five stylized people (Synods) are supporting a stylized heart which is at the centre and represents, “faith”, “love” and “philanthropy” that is central to the charitable programs and services which ELFEC is delivering,” asserted Smith. Further details available here.Read more
Posted: March 24, 2021
Notice is hereby given that the Annual General Meeting of the members of the corporation will take place beginning at 11:30 a.m. (Eastern Time Zone) on Saturday, April 17, 2021 virtually using the following link: Notice is also given that matters to be brought before the meeting include the following: Approval of minutes of the Annual Meeting of the Members on April 30, 2020 Report of directors Financial statements and report of auditor Appointment of auditor for the fiscal year ending December 31, 2021 Report of nominating committee Election of directors Financial statements and the report of the auditor will be distributed as separate documents. Please note that there is no Form of Proxy accompanying this notice, as proxy voting is no longer permitted under the corporation’s by-laws which were approved by the members in November 2013. March 24, 2021 Lee Gould, SecretaryRead more
Posted: February 9, 2021
ELFEC and the Anglican Diocese of Ottawa are pleased to present a series of free webinars in 2021 highlighting different aspects of Planned Giving. Explore different avenues of leaving a gift (or gifts!) to the charities of your choice. Join us at our next webinar offering: Beyond Bequests: Exploring Giving Vehicle Options Date: March 23, 2021 Time: 12:00 pm – 1:00 pm (Eastern Time Zone) To register: click here We will be answering: What are some of the options for leaving a gift to a charity? Can I leave the proceeds of a life insurance policy to a charity? What is a Donor Advised Fund and how does it work? Can I name my church as a beneficiary on my RRSP or RRIF? What is a Charitable Remainder Trust? Who do I speak with? Life Insurance, Annuities, proceeds from an RRSP or RRIF, Charitable Remainder Trust, Donor Advised Funds - these are all options available to people who wish to meet their philanthropic goal by leaving a gift to their local congregation, the wider church, or another charity. While each person’s situation is unique, these are some of the common ways people provide a charitable gift beyond a bequest in a Will. After the presentation, there will be a time for people to ask questions. As well, anyone who registers will receive a recorded copy of the presentation. Still to come in 2021 : May – Leave a Legacy – how do you want to be remembered? September – Donations in Kind: the gift of investments October – Financial Planning, in conjunction with the Canadian Foundation for Economic Education (CFEE) November – Make Your Will – what do you need to know?Read more
Posted: January 20, 2021
Q4 2020 saw engagement with 8 companies held within our portfolio. Themes discussed included Climate Transition, Decent Work & Human Rights and Reconciliation. A full report by company is available here .Read more
Posted: December 8, 2020
ELFEC Achieves Significant Milestone, Passing $50Million In Managed Assets ELFEC is thrilled to share that for the first time its managed assets have exceeded fifty million dollars. “This benchmark of success is a solid measure of the quality of the charitable programs and services offered by ELFEC. It is an affirmation of the superior relationships with a wide-variety of stakeholders; both within and outside the Lutheran faith traditions, that ELFEC is pleased to foster”, said Bill Gastmeier, Chairperson of the ELFEC Volunteer Board of Directors. “Through our dedicated team of professionals and volunteers, ELFEC has and continues to work tirelessly; offering faith-based and ethical investing, superior stewardship and professional expertise. Our programs and services have clearly resonated with our stakeholders and ELFEC believes they make an important difference to the lives of so many”, summarized Lee Gould, ELFEC’s Executive Director. $50 million dollars in managed assets is a clear validation of ELFEC’s importance and role and speaks to the charitable intentions and goals held by so many Canadians. Further details available here .Read more
Posted: November 3, 2020
Are You 50 or better? Attend our Free Financial Planning Virtual Workshop Presented by the Canadian Foundation for Economic Education, the Anglican Diocese of Ottawa and ELFEC. Please join us for an informative workshop to answer any questions you may have regarding your finances. Take part in a virtual conversation with a representative from the Canadian Foundation for Economic Education , and other seniors in your community, to gain a better understanding of your financial issues and concerns. Tuesday, November 24 th , 2020 Noon – 1:30 p.m. (EST) including opportunities for Q&A Register for this Virtual Workshop online at: Topics of discussion include: Making estate arrangements Moving as housing needs change Dealing with attempted fraud or financial abuse Caring for a loved one Living with long-term illness or disability Managing retirementRead more
Posted: October 29, 2020
Please find attached our transfer form to be completed for any transfer of securities. Transferring publicly traded securities to our congregations or another charity, you will experience a greater tax advantage than by donating the same amount in cash. To learn more about the advantages of making a donation of securities, please watch our recorded webinar on the subject. • In-kind transfers of stocks are normally completed within 10 working days after the authorization is received at the office of Royal Bank Investor Services (RBIS). If your donation is made near the end of the calendar year, the transfer authorization form must be received by RBIS no later than December 10 to ensure that the transfer is completed by December 31 and the donation receipt can be dated in the current calendar year. • In-kind transfers of mutual fund units may take 20 or more working days to complete. If your donation is made near the end of the calendar year, the transfer authorization form must be received by RBIS no later than November 27 to ensure that the transfer is completed by December 31 and the donation receipt can be dated in the current calendar year.Read more
Posted: October 21, 2020
Q3 2020 saw engagement with 20 companies held within our portfolio. Themes discussed included Covid -19, Climate Transition, Decent Work & Human Rights and Reconciliation. A full report by company is available here .Read more
Posted: September 29, 2020
ELFEC Partner Grant Impact at Good Sheperd Coquitlam This year, under Gail Tremain’s leadership, the Outreach Team obtained an ELFEC partner grant to upgrade Good Shepherd Lutheran Church of Coquitlam’s fluorescent fixtures to energy efficient LED tubes. ELFEC's partner Grant Program purpose is to address social needs and/or environmental impact in their church community, as well as support for projects and new mission initiatives for their greater community. The upgrade at Good Shepherd, completed in July 2020, significantly reduces the church’s carbon footprint associated with lighting needs. Besides reducing overall energy consumption by 56%, the new LED tubes operate without a ballast and last 35,000+ hours, compared to the 7,500 hours for the ‘old’ fluorescent tubes. Since these new tubes are directly connected to the power source, there is no more flickering due to ballast discharge, and the use of a “natural white” LED tube provides a bright pleasant atmosphere. Annual electricity savings are expected to be in the order of $800 to $1000, and considerable savings in human resources are expected due to the longevity of the tubes and the elimination of the need for ballast replacement. Furthermore, this lighting upgrade provides a host of future environmental benefits that we normally would not really think of: reduced glass, ballast, and plastic waste, and the elimination of mercury pollution. Remarkably, a 56% reduction in energy demand impacts the long term need for more dam construction and the associated flooding of forested areas. With the help of the grant, Good Shepherd can celebrate taking this first step toward reaching the collective goal proposed by the National church of zero Lutheran carbon emission by 2050! Submitted by: Gail Tremain and Louis Giguère- Good Shepherd Lutheran Church of Coquitlam’s Council Member and Caretaker, retiredRead more
Posted: July 20, 2020
Q2 2020 saw engagement with 25 companies held within our portfolio. Themes discussed included Covid -19, Climate Transition, Decent Work & Human Rights and Reconciliation. A full report by company is available here .Read more