Bequests and Planned Gifts: You Can Create a Legacy of Hope and Healing
Planned Giving offers you a variety of opportunities to make a lasting contribution to the future of patient care at the Grace Hospital. When you choose to leave a planned gift to the Grace Hospital Foundation you are supporting quality patient care and inspiring hope for future patients, while realizing special tax and other financial benefits. A bequest in support of healthcare is a gift to the entire community.
What is Legacy Giving?
Legacy giving is a planned gift, most often made through a bequest in your will, and provides the opportunity to secure your legacy. At Grace Hospital Foundation, we believe you should take as much care in deciding how to share your assets as you did in building them. By reflecting on your personal philanthropic goals, including tax considerations and family needs, you can determine the best way to leave your legacy.
Various opportunities are available as options for you to leave your legacy, including:
– A bequest in your Will for a specific amount or portion of your estate
– Life Insurance: Naming the Grace Hospital Foundation as the beneficiary
– RSP, RIF, Tax Free Savings Account
– Donating Stocks and other securities
Your donation may be made outright, providing the vital funds for immediate use, or it may be planned now for receipt by the Grace Hospital Foundation at a future date. Your Legacy Gift can be allocated to a specific program or area of the hospital at your request. When you make a meaningful gift to a charity you believe in, you’re ensuring that their good work continues into the future.
The benefit of legacy giving is that your income today is not affected but you know your generosity will have a lasting impact on the future for many people. Your legacy gift can also provide substantial tax savings for your estate. We recommend that you seek professional legal, estate planning or financial advice to assist you to establish a planned gift that will meet your philanthropic interests.
We are here to help with your Legacy Giving questions, however, the Grace Hospital Foundation would not presume to offer legal or financial advice. For more information on planned giving opportunities, call Leah Johnston, Donor Relations Manager at 204-837-0375, or email email@example.com.