Planned Giving
Please enjoy reading our Planned Giving Newsletters called the "Cornerstone" and learn more about the people that have made a Planned Gift to St. Joseph's Villa. You will also find information that is helpful for your own estate planning.

Click on a link below to see more information.

Newsletter

By remembering the Foundation in your estate and financial plans, you will be supporting the long-term health of St. Joseph’s Villa.

When made known to us, all planned gifts unless specified by the donor are recognized in a special section of the Foundation’s Donor Wall which is located in the main lobby. Planned giving donors will be recognized throughout the year in Foundation publications and other donor recognition events.

Types of Planned Gifts
The following information is general in nature and is meant to provide a brief overview of giving options. We encourage you to consult your own legal and financial counsel in the development of your own financial or estate plan.

Bequests
Making a specific gift to a charity can be done through your will, or can be done by writing an amendment called a Codicil to your existing Will, specifying either a percentage or specific dollar amount. You can bequest a portion of your estate and still provide for your family and loved ones.

Endowments
As a donor you may be interested in establishing an endowment fund so that the gift that you contribute remains intact as a lasting legacy. You can designate the income produced by investing the endowment to support a specific program at the Villa. This fund may be named in honour or in tribute of yourself, your family or business, or a loved one.

Life Insurance
A gift of life insurance allows you to make a substantial gift to the St. Joseph’s Villa Foundation in the future by paying a relatively low premium payment today. New and existing policies can be transferred to the Villa.

Charitable Gift Annuities
A gift annuity produces guaranteed payments for you for a lifetime. A portion of the sum you contribute will immediately support the Foundation.

Charitable Remainder Trusts
You can make a gift of investments without forfeiting the income produced from those investments by setting up a charitable trust.

Gifts of RRSP Value
You can make a lifetime gift to the Villa using your RRSP’s. Revenue Canada requires you to withdraw your RRSP’s or convert to a RRIF by December 31st in the year in which you turn 69. If you have enough income from other sources to retire you can consider withdrawing a portion of your RRSP and contributing it to St. Joseph’s Villa Foundation.

Gifts in Kind
These are donations that have tangible dollar value, for example real estate, stocks, bonds, equipment or art. When a gift in kind is accepted by St. Joseph’s Villa Foundation, the fair market value of the gift is assessed by a qualified party. Based on this evaluation the donor receives a charitable income tax receipt for the appraised value of the asset.

For more information on making a planned gift contact Tim McClemont, Director of Development at 627-9011 ext. 2286.