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BUILDING YOUR LEGACY

Continuing to honour your charitable wishes is important to us. We will track your grantmaking history and use this as a road map for future giving, should you no longer be able to make recommendations. You may also wish to involve your family in your ongoing philanthropy and consider your Fund in your estate planning.

Involving Your Family

We have many Fundholders who encourage their children to carry on the family tradition of philanthropy, and your Fund is a great vehicle for that.

When the time is right, our Donor Relations team can meet with you to help your family determine its shared family values and goals that will guide future grantmaking from your Fund.

You may wish to add family members as Advisors to your Fund, which will allow them to receive annual Fund Statements and to recommend grants. You make also want to consider adding successor Advisors. Changing Advisors is easy – please contact us to discuss.

Leaving a gift later

Planned gifts provide you with a wide variety of opportunities that can help further your philanthropic goals and provide substantial tax savings. Working with you and your professional advisor, we can share the wide array of planned giving options available to you and help you and your family develop lasting legacies in support of the causes you care about. We are also proud to acknowledge those who have planned a gift by including them in our Legacy Society,

  • Bequests – A bequest in your Will may specify a sum of money, a specific asset, or a portion of your estate to be donated to your Fund at the Foundation. We have prepared wording to make it easy. Please ask your professional advisor to contact the Donor Relations team.
  • Life Insurance – A gift of life insurance can be a significant future gift at an affordable present cost. By making us the owner and beneficiary of your policy, you will receive a tax receipt for the policy’s cash surrender value and for any premium payments you make after the policy is transferred. Please contact us to discuss.
  • Registered Retirement Savings Plans (RRSPs) and Registered Retirement Income Funds (RRIFs) – You can make us the beneficiary of your RRSPs and RRIFs. The tax credit may offset taxes that would be payable on your final return.

 

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