A legacy gift is a lasting statement of your generosity and care for people in your community and their future. It is one of the most valuable ways you can help Bethlehem Housing and Support Services.
Why consider a Legacy Gift?
Legacy funds provide us with financial resources required to operate the various in-house and community support services and programs that are so vital in helping the many men, women and families we serve to get back on their feet and lead more fulfilling lives.
When planning your financial future, consider making a legacy gift of which you and your family will be proud. Leaving a legacy gift with Bethlehem Housing and Support Services can be easily achieved with a gift by will or funded with appreciated securities or life insurance. Giving in this way can also reduce your personal taxes and increase benefits to your estate and its beneficiaries.
Examples of Legacy Gifts
Securities – With the elimination of capital gains taxes on donations of publicly traded securities, these gifts are now the most tax efficient way to make a charitable donation and a great way for donors to make a greater impact with their gift.
Securities include mutual funds, stocks, bonds, bills, warrants, and futures traded on approved stock exchanges in Canada and certain other countries. | » Learn More
Life Insurance – A donor can make an outright gift of life insurance to a charity by transferring the policy ownership today or by naming the charity as a future beneficiary. | » Learn More
Retirement Funds – Use tax-deferred assets accumulated for your retirement to support a charity, after you no longer require them. Convert an ‘end of life’ tax liability into a meaningful charitable gift. Moreover, retain control to easily make revisions should your future circumstances change. | » Learn More
Bequests – A Charitable Bequest is a gift by will and is perhaps the simplest form of planned gift to arrange. | » Learn More
Endowments – A gift of capital, funded with any of the assets listed above, can be used to establish an endowed fund which is held and invested to generate interest and dividend earnings for the benefit of a charitable organization.
How To Decide?
Deciding what legacy gift is right for you is just as important as your decision to leave a legacy. If this is something you are considering and would like additional information on planned giving options, please contact our Philanthropy Manager, Jennifer Sinclair through the form on this page or call 905-684-1660 ext 2 .