Your local community is important to you!

That's why Kindred supports churches and charities through the Community Inspiration GIC. As an investor, you benefit from a secure investment at a competitive rate, and your community gains much-needed support at no cost to you.

• How does it work?

  It's simple: you invest in a socially responsible guaranteed investment certificate (GIC) that earns a competitive interest rate and, in return, Kindred donates an additional quarter percent interest to a congregation or qualifying charity of your choice. In addition, the Community Inspiration GIC is available for registered savings products (RRSP, TFSA, RRIF).*

• What is bonus interest?

  Since it's tied to an investment, we call it Bonus Interest - it's really a donation. For every $100,000 that someone invests in a Community Inspiration GIC, Kindred donates $250 to the congregation or qualifying charity of your choice. If a congregation or charity has funds to invest — a capital campaign, for instance — they can direct that donation to themselves. That's like receiving a premium interest rate on your investment!

• Who can benefit?

  Choose to designate your Community Inspiration GIC bonus interest to one of the following:*

  • Ontario congregations.
  • Qualifying registered charities actively working towards providing solutions for:
    • Housing, including rental and home ownership programs.
    • Hunger, offering access and availability to nutritious, safe, and culturally appropriate food at the local level.

  
  

  Once a year, bonus interest is paid directly to the congregation or charity. Thanks to our unique Community Inspiration GIC, Kindred has donated over $990,000 in bonus interest to congregations and charities in Ontario since 1998.

  *Recipients of bonus interest must be Ontario-based. Qualifying registered charities means a registered charity with the CRA that has been approved by Kindred.