A planned gift is a gift promised today and given to the future. You can fulfil a philanthropic dream through a very personal legacy gift to The 519 that will continue to have an impact for years to come.
Your legacy gift will directly translate into improving the lives of the LGBTQ communities we serve. This means more support for LGBTQ newcomers and refugees, older adults and young people. It means helping The 519 employ training, activism, advocacy and education to change society for the better.
There are several ways to make a planned gift. Here are the most common ones:
- Wills (see below)
- Gifts of Securities & Life Insurance
Making a bequest through your will is both a meaningful and tax-advantaged way to express your values and support The 519. Bequests may be structured in various ways. One option is to make a specific bequest – one that allows you to give a specific dollar amount of cash or another asset, or a stated fraction of your estate, to The 519 . Another option is to make a residual bequest which is all or a portion of what remains in your estate after other specific bequests are distributed and expenses are paid. A bequest can also be made contingently – the gift will be made only in the event of the death of other named beneficiaries.
Sample Bequest Wording
While we strongly encourage you to seek the counsel of independent financial advisors and lawyers for your estate planning, we have prepared some sample bequest working to assist you in your gift planning. Sample Bequest Wording for Your Will
Confirming Your Bequest
If you have already made provisions for The 519 in your estate planning and want to inform us, please fill out the Bequest Confirmation Form and return it to The 519. Completing and returning this form does not place you in any legal obligation to The 519.
If you are interested in exploring your planned giving options, including Gifts of RRIFs and RRSPs, Charitable Gift Annuities and Remainder Trusts, or a Gift of Property, please contact Stacy Kelly, Director, Philanthropy, at SKelly@The519.org or 416-355-6778.
The 519 urges everyone to seek legal and financial counsel when considering an estate gift or other planned gift to The 519. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity.