Leaving a Legacy with the Christmas Bureau of Edmonton

“What will my legacy be?”  This is a question we often ask ourselves, especially as we enter different stages of our lives. For most of us, that means being remembered for our best qualities and for the positive impact we had on our family, friends and community. Even though Canadians are incredibly generous and supportive of charities during their lifetime, few Canadians realize that they can arrange a legacy gift in their wills or testaments.

Legacy giving – or gift planning – is your opportunity to leave a lasting impact on a beloved charity.  A legacy gift is a charitable donation arranged during a donor’s lifetime, leaving some or all of a donor’s estate to a charity or charities of their choosing.  

This is arranged through careful consultation with your family, lawyer, and/or financial planner. While we are happy to provide you with information about how your legacy gift can help the Christmas Bureau, we’re unable to provide legal, financial or other professional advice.

Leaving a legacy gift is a beautiful way to ensure your memory lives on, while continuing to make a difference in the lives of those in need. There are many financial and tax benefits associated with legacy giving, while also allowing for flexibility to design a legacy that fits your vision.

In a perfect world, our charity would not need to exist.  But unfortunately, the reality is that individuals and families will continue to experience challenging times in their lives, and in some cases leaving them in a position of struggling to provide the basic necessities of life, let alone holiday favourites.  And that is where – together – we have and will continue to step in to help. 

We would be honoured to engage in a conversation with you to explore your philanthropic goals and wishes, and how your legacy gift can help the Christmas Bureau be there to support individuals and families for generations to come.

 

Frequently Asked Questions

What is a legacy gift?

A legacy gift is a charitable donation arranged during a donor’s lifetime, leaving some or all of a donor’s estate to a charity or charities of their choosing.

What types of legacy gifts are there?

Legacy Gifts generally are made through: Gifts of Stocks/Securities; Endowment Fund; Gift in Will; Life Insurance Gifts; Retirement Plan Giving; and Charitable Remainder Trust.  More information on each can be found below.

How do I plan for legacy giving to the Christmas Bureau?

We recommend seeking legal and financial counsel as well as discussing your decision with your family. When seeking legal and financial counsel, be sure to use our legal name, Christmas Bureau of Edmonton, and to refer to our registered charity number: 11922 2925 RR0001.  While we are happy to provide you with information about how your legacy gift can help the Christmas Bureau, we’re unable to provide legal, financial or other professional advice.

I’ve discussed my decision with my family and have sought the advice of a financial and legal advisor.  Now what should I do?

We would be happy to assist you in identifying opportunities for legacy giving with the Christmas Bureau of Edmonton. Please contact Stephanie Perilli at 780-414-7681 or by email at [email protected] 

Choosing to donate through a Gift in Will means that your legacy will live on through charity. After taking care of your loved ones, leaving a small percentage of your estate will make a huge difference in the lives of those we support.

Our legal name is Christmas Bureau of Edmonton and our registered charity number is 11922 2925 RR0001.

You can choose to donate a portion of the policy payout, which can qualify you for a donation cash credit.  Or you can add the Christmas Bureau as a beneficiary. These gifts can be applied to an existing policy, or to one that is newly purchased.

Our legal name is Christmas Bureau of Edmonton and our registered charity number is 11922 2925 RR0001.

To make a gift with your retirement plan, simply designate the Christmas Bureau as a beneficiary of your qualified retirement plan. Depending on your age at the time of donation, your lawyer can also advise you regarding income tax benefits imposed on any heirs and your estate.

Our legal name is Christmas Bureau of Edmonton and our registered charity number is 11922 2925 RR0001.

This is considered by many to be the most efficient way to give charitably. The benefit to you is that you can give more, and receive capital gains tax savings for you or your estate.

Our legal name is Christmas Bureau of Edmonton and our registered charity number is 11922 2925 RR0001.

Charitable remainder trusts provide flexibility when planning your estate, and offer a means of directing your assets – whether cash, or securities - and making future gifts to a charitable organization you support, such as the Christmas Bureau. You can receive tax benefits for the gift during your lifetime, and it provides for steady income for you, your surviving spouse or other heirs.

Our legal name is Christmas Bureau of Edmonton and our registered charity number is 11922 2925 RR0001.

You can contribute to the Christmas Bureau Endowment Fund already established through the Edmonton Community Foundation, and help maintain long term funding for the Christmas Bureau of Edmonton. 

Or you can establish your own endowment fund. Many believe that endowment funds are solely for the wealthy. However, anyone can create one! Contributions can be made over a period of time, until the balance reaches $10, 000. Then each year, a percentage of the fund is granted to the charities and causes that mean the most to you. You can name your endowment fund in honour of your family, a loved one, a friend or in any way that is meaningful to you. Funds will be directed to a cause, such as hunger (Christmas Bureau of Edmonton), the arts, homelessness, or one of your choosing.

To learn more about endowment funds, and how to establish your own, please contact the Edmonton Community Foundation at 780-426-0015, or by email at [email protected]

Our legal name is Christmas Bureau of Edmonton and our registered charity number is 11922 2925 RR0001.

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