PLANNED GIVING
The Forever Fund – the Endowment Fund of United Way
“An endowment fund is money invested to earn revenue to fund charitable activity. Unlike a typical investment fund, the beneficiary of an endowment fund is a nonprofit organization rather than individual investors.”
The endowment was established to assist United Way in serving citizens of the Niagara Region now and in the future. A gift to the Forever Fund helps us address immediate needs and sustain long term projects that will help children, youth and families reach their full potential.
While you may not be able to give a financial contribution right now, you can ensure a prosperous Niagara for generations to come. Unlike traditional gifts made from your income, a planned gift is often made from your assets (such as investments or real estate) or as a part of your estate plan. These gifts provide an opportunity to continue your commitment to our community and support the issues that matter most to you.
Leaving a gift for tomorrow provides you with the opportunity to create lasting impact and long-term solutions by helping future generations in our community.
Bequests: Designate a specific gift or a portion of your estate to the United Way Endowment Fund and your estate will receive an official tax receipt.
Capital Property: Designate a specific gift of capital asset and benefit from your total donations limit being increased by 25% of the taxable capital gain on gifts donated.
Securities: Making a gift of publicly traded securities is one of the most tax-effective ways to donate because it removes the taxation of capital gains. You will receive a tax receipt for the market value of your donations. For more information, contact us at (905) 688-5050. You can also download a Gift of Securities Transfer Form
Life Insurance: Life insurance is an affordable option that allows you to make an extraordinary gift to your community. You can transfer ownership of a new or existing policy, or you can make United Way a full or partial beneficiary of a policy you continue to own.
Retirement Plans: You can designate United Way as a beneficiary of your RRSPs or RRIFs, or even a TFSA. Your gift qualifies for an official tax receipt and can offset tax payable on other assets of your estate.
If you have any questions or to discuss legacy giving, please contact Chelsey Maclachlan Wormald or call 905.688.5050 ext 2106.
The most effective way to contribute to the future of communities across Niagara is through planned giving, also known as granting a legacy or making a bequest. It is up to you to decide how your gift will be used, however a general gift allows United Way Niagara to direct the monies received to the areas of greatest need.
To establish a legacy gift, please instruct your lawyer to include the following statement to your will:
Clause for your will
I give to United Way Niagara, 63 Church Street, Suite LC1, St. Catharines Ontario, L2R 3C4 the sum of $ _______________, or _____________% of the residue of my estate or my property at ____________ in the City of _____________. The disposition of my bequest is to be used by United Way Niagara at its discretion.
United Way Niagara Charitable Number
Charitable Registration #: BN13053 2443 RR0001
We strongly recommend you consult your lawyer if you are considering including United Way in your estate plans.
If you have any questions or to discuss legacy giving, please contact Chelsey Maclachlan Wormald.
We recognize the importance and impact of the work of professional advisors, including financial advisors, lawyers, trusts officers and funeral director.
Below you will find United Way Niagara’s legal name & charitable registration to provide to your advisors.
Legal name and charitable registration
Legal Name: United Way Niagara
Charitable Registration Number: BN13053 2443 RR0001
Mailing Address:
63 Church Street, Suite LC1,
St. Catharines ON L2R 3C4
By contributing to the Forever Fund, your contribution to the community will last forever.
For further information, please contact Chelsey Maclachlan Wormald at [email protected] or call 905.688.5050 ext 2106.
