Five Reasons to Leave a Bequest in Your Will
Because you want to:
- Create a personal legacy that acts as a catalyst for positive change;
- Begin, or honour, a strong family tradition of charitable giving;
- Provide ongoing, stable support for the charities that have made a difference in your life;
- Maintain control of your assets until your death to ensure you have the flexibility in coming years to cover unexpected medical or other costs;
- Retain the ability to change the beneficiaries of your gift if interests or needs change over time;
- Significantly reduce the taxes owed by your estate upon your death.
Making a charitable bequest signals an unfaltering commitment to your values, and to the kind of world you want future generations to inherit.
It is only a few lines of text in your will – but it can create a whole world of positive change.
Your Bequest Options
There are many ways to leave a bequest with Tides Canada. We welcome a call from you or your advisor to discuss turning your vision into reality.
Download a copy of Bequests at Tides Canada and Sample Will Wording (PDFs).
Make a Bequest to Tides Canada
Create Your Own Legacy Fund
Support a Charity's Endowment at Tides Canada
Funds gifted by bequest to Tides Canada are invested in businesses and institutions whose practices are as consistent as possible with our mission to support social justice and environmental protection.
Make a bequest to Tides Canada
Leaving an unrestricted gift to Tides Canada in your will is a great way to support a wide range of social change initiatives. Our work is broad and constantly evolving, including:
- making high-impact grants to leading environmental and social justice charities;
- bringing leaders in social change together to learn from each other;
- promoting a regulatory framework that allows for greater innovation within the charitable sector.
Your unrestricted gift will support all of these crucial, complementary areas.
You can also specify that your bequest go to one of our Field of Interest Funds. These funds are directed by Tides Canada staff, who work with expert advisors across the country to identify and support leading charities.
Tides Canada Social Justice Fund: This fund supports innovative, entrepreneurial Canadian charities working on a wide range of initiatives that promote more broadly shared economic opportunity, robust and inclusive democratic process, respect for human rights, and cultural diversity.
Tides Canada Environment Fund: Always monitoring the shifting landscape of opportunities with leading organizations, this fund supports a diversity of initiatives that promote respect for and protection of the natural and environmental legacy that sustains our rural and urban quality of life.
Create Your Own Legacy Fund with a bequest
A personalized Legacy Fund can be set up in your will, to take effect upon your death. Many donors choose this option because it gives them the most direct say in how grants are made from their Fund beyond their lifetime. The bequest you leave to your Legacy Fund will be a lasting source of support for the causes you care about most.
With a Legacy Fund, the principal (the gift your leave in your will) is invested in perpetuity. Grants are made from the earnings, according to the criteria laid out by you during your lifetime.
You can choose to specify a particular charity or charities to support in perpetuity, or define an issue area that is important to you and have Tides Canada seek out the most innovative charities working within that area as grant recipients from your fund.
Alternately, you can designate a family member or friend as advisor to your fund, and he or she can remain closely involved, recommending grants to be made from the earnings, and partnering with Tides Canada to stay abreast of emerging trends and community needs.
Tides Canada can also administer a scholarship program from your Legacy Fund. If this option is of interest to you, please be sure to consult with us, as this type of fund can be complex to set up and administer.
Support a Charity's Endowment held at Tides Canada
Tides Canada manages a growing number of Endowment Funds established by registered charities to help them grow long-term, sustainable funding.
Bequests can be directed to those specific funds, or a specialized fund can be created through your will to support a particular charity. If the charity your bequest supports no longer operates at the time your bequest becomes active, the purpose outlined for your fund ensures that any contributions will go to a related leading charity.
Investments that align with your values
Increasingly, thoughtful donors are recognizing that charitable donations are only part of the process of supporting positive change. Harmonizing your values as a donor with the way your charitable dollars are invested in the marketplace creates an even greater impact.
At Tides Canada, our funds are invested in businesses and institutions whose practices are as consistent as possible with our shared mission to support social justice and environmental protection.
Doing this means that we are making solid financial investments while also being part of a growing movement steering publicly-traded businesses towards greater social and environmental responsibility.
The basic tenets of our mission-based investing include screening, shareholder advocacy, economically targeted investments and social venture capital.
Read our Investment Policy
For more information on bequests, please download:
Bequests at Tides Canada (PDF)
Sample Will Wording for Bequests (PDF)
Or contact us directly:
As you review your options for leaving a bequest, or making another type of deferred gift, please contact us - or have your lawyer or advisor speak with us - so that we can work with you to find a solution that fits your needs and interests as closely as possible.
Lesley Anderson, Director of Philanthropic Services
1-866-TIDESCA (843-3722) or 604-647-6611 ext. 245
Lesley AT tidescanada.org |
