your guide to intelligent philanthropy

LEAVE A LEGACY
TM
your guide to
intelligent philanthropy
LEAVE A LEGACY™ WATERLOO-WELLINGTON
Vol.1 No.1 May 2012 Philanthropy Issue - FREE
TABLE OF CONTENTS
What is Leave a Legacy ....................4
The Benefits of Naming a Charity in
Your Will..............................................5
Top Ten Things You Can Do ..............5
A Need That Had to be Met ..............6
Gifts of Securities ............................8
Legacy of Hope ..................................10
Canadian Legacy Builder ..................12
The Charity Child ..............................13
Gifts of Property ..............................14
Tax Friendly Legislation ....................15
Why Your Will is Important ..............15
Tax Benefits of RRSPs or RRIFs ......16
Charitable Remainder Trusts ..........17
Gift of Life Insurance ........................18
No Need to be A Millionaire..............19
Importance of Relationships ............20
Membership Directory ......................22
TODAY IS A GOOD DAY
TO LEAVE A LASTING IMPRESSION
Charitable giving lets you give back. Know your options.
John Beynon*
Matt Wilhelm*
Christopher Annett*
Peter Stern*
Robert Wilson*
Chris Moore*
CFP® CLU CH.F.C.
FLMI CFP® FMA
CHS
BA FLMI CFP®
CHS
BAS CFP®
Danijela Covic
Heather Kersell*
CFP® CLU CHS
Courtney Proudfoot* Natalie Lacroix*
BA
Mary Norman
Holly Caetano
Office Manager
Manager - Business
Development
Kari Hilton
Arlene Paul*
Meaghan Pitcher
Bea McBride
Angela Shulist
Michelle Karn
Licensed Assistant
Wealth Administrator
Client Care
Representative
Reception, Client
Service
Office Assistant
Office Assistant
Cathy Christoff*
Linda Serbu
Wealth Administrator
Administrative/
Marketing Assistant
Century Group Financial Solutions Inc.
508 Riverbend Drive, Suite 102, Kitchener ON N2K 3S2
Bus 519-747-0058 Toll free 1-866-950-LIFE (5433)
centurygroupfinancialsolutions.com centurygroup@sunlife.com
*Mutual funds offered by Sun Life Financial Investment Services (Canada) Inc.
The advisors at Century Group Financial Solutions Inc. are contracted with Sun Life Financial Distributers (Canada) Inc.
a member of the Sun Life Financial group of companies.
© Sun Life Assurance Company of Canada, 2012.
We Can Make a Difference
Bettering Community with your Involvement
his publication is a collaborative effort of the Golden
Triangle chapter of Advocis (The Financial Advisors
Association of Canada) and Waterloo-Wellington LEAVE
A LEGACY™, a program of the Canadian Association of Gift
Planners (CAGP-ACPDP™), to provide valuable information to
the readers on planned gifting and charitable giving.
Canadians are living in a time when an unprecedented
amount of wealth is being transferred from one generation to
the next. In the next two decades 3.5 million Canadians are
expected to die, leaving an estimated $1.5 trillion to their
families and community. The disturbing part is that only 30% of
Canadians currently have an up-to-date
legal Will. If this trend continues,
about two million Canadians will
end life without a Will to protect
their assets in the next two
decades. Without a Will, people
lose the ability to control
distribution of their estate to
their chosen beneficiaries.
By leaving a gift to a
charity or not-for-profit
organization in your Will or
estate plan, you ensure
your assets continue to
help others into the
future. Without a Will,
your property and
finances are settled
according to federal
and provincial laws,
which may not coincide
with your wishes.
There are many ways
to achieve your charitable
goals without taking away
from your family and loved
ones. There are numerous
options and types of planned
gifts. Different giving options
allow you to give and still
provide for family members
while receiving tax benefits at
the same time.
T
Advocis is the Financial Advisors Association of Canada and
the largest association of its kind in Canada with more than
11,000 members. Advocis members have various specialties
including comprehensive financial and retirement planning,
finance and wealth management, business succession, estate
and tax planning, risk management and employee benefits
planning. Our members are focused on understanding the
financial goals that are important to you and your family.
With the trend of governments cutting funding, various
charities are in a position to need your support more than ever.
This leaves you with some tough decisions. Make sure that
your advisor or planner has the knowledge and experience to
support you in making these decisions. Ask whether they are
members of Advocis. Our association protects and promotes
advisors in the public interest and we are committed to
professionalism amongst our members.
LEAVE A LEGACY™ is a national public awareness program
that encourages Canadians from all walks of life to make gifts
through a Will, life insurance or other gift planning instrument
to the charitable organizations of their choice. By doing so,
citizens will ultimately help the not-for-profit and charitable
organizations sector continue to give back to their community.
The Waterloo-Wellington LEAVE A LEGACY™ program works
hand in hand with professional advisors in Will and estate
planning as well as charities to encourage well planned and
managed giving. Across Canada there are 22 local LEAVE A
LEGACY™ committees that oversee the work of educating the
public. This grassroots collaborative effort includes local
charitable organizations, professional estate and financial
planning organizations, financial institutions, community
foundations, other funders and the media which have
embraced the underlying principles of philanthropy.
The LEAVE A LEGACY™ program’s goal is to raise awareness
of the importance of thoughtful, well planned, tax preferred
gifts and their impact on the quality of life for everyone in our
communities. A legacy gift can benefit all not-for-profit groups
large or small.
For more information and resources, please visit:
www.leavealegacy.ca and www.advocis.ca.
Darren Sweeney, CFP, CHS
Certified Financial Planner® Professional
2012 Advocis Golden Triangle Chapter President
2012 LEAVE A LEGACY™ Waterloo-Wellington Chair
INTELLIGENT GUIDE TO PHILANTHROPY • MAY 2012 | 3
LEGACY IN ACTION
What is Leave a Legacy?
Building awareness and partnerships
EAVE A LEGACY™ is a national public
awareness program designed to
educate and encourage people to
leave a gift through their Will or any other
gift planning instruments to a charity or
nonprofit organization of their choice.
LEAVE A LEGACY™ does not solicit
gifts for any particular organization.
LEAVE A LEGACY™ is a donororiented education campaign to
raise awareness of the importance
of including a charitable gift in
the estate planning process.
The Waterloo - Wellington
LEAVE A LEGACY™ Program is a regionwide program (Kitchener-Waterloo, Cambridge
and Guelph areas) that aims to build local awareness of
the benefits of making planned gifts that better those in our
local community. The local program also aids in building
partnerships between donors, charities and not-for-profit
organizations and gift planning professionals such as estate
planners, financial advisors, insurance professionals,
accountants and lawyers.
A program of the Canadian Association of Gift Planners
(CAGP-ACPDP™), LEAVE A LEGACY™ is a collaborative effort
of donors, charities, not-for-profits and professional advisors.
The LEAVE A LEGACY™ program’s goal is to raise awareness
of the importance of thoughtful, well-planned, tax-preferred
gifts and their impact on the quality of life for everyone in our
communities
L
WHY LEAVE A LEGACY?
• To enrich people’s lives:
Every day, people are helped and lives are enriched by the
work of registered charities and foundations, and other notfor-profit organizations in our communities. Meals for isolated
seniors, summer jobs for disadvantaged high school students,
funding for mental health or cancer research or a live
performance by a local arts organization are just some of the
ways not-for-profit organizations improve our lives.
Canadians give for many different reasons: for some it is a
way to ensure their memory lives on, for many it’s a way to
4 | www.exchangemagazine.com
ensure that their favourite charity is able to continue its
important work, while for others it represents a
way to facilitate the tax implications that
come with the transfer of one’s
estate to surviving relatives.
• To provide support:
Financial assistance is essential
to support and sustain charitable
work. Many people generously share
their money, time and energy with
local not-for-profit organizations. And
many people are unaware that by
leaving a gift in their Will or estate plan
to the charitable groups of their choice,
they can continue to help people in need or
promote a favourite cause.
We wish more funding were available for
medical research, for homeless shelters, or a
treasured arts or music program. Charitable
organizations need financial assistance from people like you to
continue their work. By making bequests and other “planned
gifts”, you can continue to help organizations that are making
an important difference in your community. What better way
to thank the people or organizations that have had an impact
on your life, than to make a contribution from your estate
through a bequest in your Will?
• To leave a memory
Choosing to leave a gift from the heart brings meaning,
dignity and purpose to a life well lived. Your gift is your
opportunity to participate in the charitable and community
work most meaningful to you, in a way that allows these
important causes to be well supported now and long after you
have gone. Personal philanthropy through a Will can be an
additional way to ensure that your memory lives on.
Surprisingly, a gift can also be a very practical addition to a
financial or estate plan when tax issues are taken into
consideration – even for those who think they may not have
tax issues. In most cases, the tax burden left to relatives is
lifted significantly.
Your professional advisor can teach you how leaving a
planned gift can actually benefit your family after you’re gone.
Together we can make a difference – the difference these
days, is that you can impact the causes you care about by
including them in your Will or estate plan.
• To contribute to the future
Personal philanthropy can help contribute to the
sustainability of a not-for-profit organization or charity of your
choice. In life, many of us require some kind of assistance,
whether it’s physical, financial or spiritual. Perhaps a local
organization or charity has a special place in your heart.
Maybe you were given a scholarship that made the dream of
college possible. You or a loved one may have been shown
especially compassionate care in the hospital during an illness
or injury. It is during life’s many trials when we are reminded
that more could be done to continue personal philanthropy
which support humane acts of kindness and help uphold
programs for personal enrichment. By leaving a gift that lives
out your legacy, you are making a significant contribution to
the future sustainability of those charitable organizations that
you value most. TOP 10 THINGS YOU
CAN DO TODAY TO
LEAVE A LEGACY
1. Prepare a Will. By preparing a Will, you ensure
that your wishes for sharing your legacy with others
are guaranteed. Be sure to share this information
with your loved ones, so they too can be part of
your lasting gift.
2. Leave a gift in your Will to the charities that have
touched your life.
3. Leave a specific amount or a percentage of your
estate. By being specific, you ensure your wishes
for your gift will be met.
4. Consider gifting some of your assets, such as
stocks, bonds, cash, real estate or art to your
charities.
5. Name a charity as the beneficiary of your RRSP,
RRIF or pension if possible.
6. Consider leaving a charity as the beneficiary of an
existing or paid up life insurance policy.
7. Invest in a new life insurance policy naming your
favourite charity as the beneficiary.
8. Remember loved ones with memorial gifts.
9. Encourage family and friends to leave legacy gifts in
their Wills.
10.Ask your financial or estate planning advisor to help
you leave a lasting gift and to include charitable
giving as part of their counsel when working with
clients.
The Benefits
of Naming a
Charity in
Your Will
utting a charity in your Will is the simplest way that you
can leave a charitable legacy. With a charitable
beneficiary, you will be remembered after your death for
the values that you held dear during your lifetime. You will feel
good now knowing that you will be making a significant and
lasting difference to causes that you care about.
Your charitable gift(s) can be in the form of a fixed amount
or it can be a percentage of what is left after tax and
other costs have been paid. If your
beneficiary is a registered charity,
your estate will receive
a charitable gift
receipt in the
amount of your
gift which will
offset taxes owing
on your estate. The
charitable tax receipt
can be applied up to
100% in the year of
death and in addition,
carried back one year.
You may feel concern
that heirs will receive less if
charity is named in a Will.
Your family and others who
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aydon
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d
depend on you should always
re an
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come first. However, because
tax is almost always owing in an estate, through income and/or
capital gain, a charitable receipt can offset tax owing and quite
simply re-direct some or all of the money in the estate that
would go to tax. Your advisor(s) can help you to decide if this is
best for you.
It is recommended when drawing up your Will, that you
consult a legal advisor who can ensure your final wishes are
met. As well, it is recommended that you consult with family
members so they are involved in your legacy decisions. P
INTELLIGENT GUIDE TO PHILANTHROPY • MAY 2012 | 5
LEGACY IN ACTION
“If we didn’t have interested businesses
to support us, we couldn’t do it.”
Pictured from left to right Mike Bystriansky, Warehouse Manager; Darlene Ruiter, Board
President; Debrorah Cripps, Community Outreach Director; Pauline Cripps, Volunteer;
Kevin Cahill, Volunteer/Sponsor, front, Marilyn Worobec, Executive Director
6 | www.exchangemagazine.com
A Need that /Had to be Met0
Demand for Guelph Food Bank services is increasing by eight per cent annually
BY PAUL KNOWLES
evin Cahill, founder of Canadian Legacy Builder, is not
only a corporate donor to the Guelph Food Bank but also
has been a volunteer for the past seven years. Why?
Because he knows the Guelph Food Bank is vitally important
to the lives of thousands of people.
He is passionate about the Food Bank as his wife, Debbie,
was the beneficiary of the Christmas hampers through the
food bank in North Bay where she grew up. Debbie and her
sister were the children of a single mom who needed the
compassionate, practical help of a food bank, and Kevin and
Debbie constantly remember and remind their children to
never forget the difference that it made.
Marilyn Worobec and her friends recognized a need for that
kind of compassionate, practical help in Guelph, and in 1987,
they founded the Guelph Food Bank. Marilyn continues as
Executive Director of the food bank, today. The facility is a
ministry of the Spiritwind Christian Centre.
It’s a remarkable story. The Guelph Food Bank has only two
and a half full-time staff members, but the organization logs
100,000 volunteer hours each year, and provides muchneeded food to 22,400 people. And that doesn’t include
assistance provided through other agencies. In all, the food
bank distributed over 1 million pounds of food last year.
Marilyn and her colleagues, including community outreach
director Deb Cripps, are both humble and dedicated to their
work. They are full of praise for their volunteers and their
financial supporters, including their original landlord, Guelph
businessman John Barber, who initially rented them the food
bank facilities, in 1989, and nine years later, donated the
facilities themselves to the Guelph Food Bank. The buildings
cover 94,000 square feet. However, the property also carried
a $1.5 million mortgage. The Food Bank occupies 16,000
square feet; the rest of the property is rented out.
The Guelph Food Bank has come a long way since it began
operations in Marilyn’s garage, but as she says, the need is
great, and therefore the facility needed to be big enough to
meet the need. The need was the reason for being. In 1987,
“there was nothing here in the city.” Marilyn began to contact
other churches and businesses. The response was immediate:
“They have been very supportive, all of them.” She notes, by
the way, that while the Food Bank is an outreach of her church
– “we do not proselytize” – the help is given with no strings
attached. The Kinsmen Club donated money to cover the Food
Bank’s first year’s rent. Deb notes that grocery stores
K
welcomed donation barrels.
The Guelph Food Bank has been so successful at garnering
crucial community support that they now help 33 agencies
and small food banks throughout the geographic area.
The need was clear in 1987; it is much clearer, today.
Marilyn says that “the demand has continued to go up.” Deb
adds that requests for assistance increased by eight per cent,
last year alone. “We’ve been able to meet the need,” says
Marilyn, “through the strong support system that’s been
developing over the past 25 years.” The food bank functions
with no government funding, and no United Way funding.
The support comes from hundreds of people like Kevin. “It
gives hope to people who have experienced a tough period in
life. It gives them the opportunity to more forward and
recover.” The Food Bank, he says, “fills an enormous need.” He
says that he and his wife know that they are very fortunate to
be where they are in their lives. It is their passion to give back
to the community that has been so great to them. Marilyn says
this kind of support is critical for the Food Bank. “If we didn’t
have interested businesses and people like Kevin being there
to support us, we couldn’t do it.”
The Guelph Food Bank is committed to providing assistance
across the spectrum of community needs; they have launched
other programs, including a day care centre that hosts 85
children, and employs a staff of 26.
The success of the Guelph Food Bank has made the
organization a model for other communities. Food bank
organizers have come to learn from the Guelph Food Bank
from Costa Rica, Brazil, Trinidad, El Salvador, Alabama,
Louisiana and other international locales, and have returned
home to found successful food banks in their communities.
They have understood the essential motivation of the Guelph
Food Bank: “We saw a need, and the need had to be met.” LEGACY PROFILE BROUGHT TO YOU BY:
www.canadianlegacybuilder.com
INTELLIGENT GUIDE TO PHILANTHROPY • MAY 2012 | 7
LEGACY IN ACTION
Gifts of Securities
ifts of securities receive favorable tax treatment. In its
2006 budget, the Canadian federal government
eliminated capital gains tax on listed stocks when
transferred directly to registered charities. These can be in the
form of publicly traded stocks in Canada and major international
exchanges, mutual funds, bonds or futures. You will receive a
charitable receipt for the market value of the securities, just as
though you had donated cash. When combined with the
charitable receipt for the value of the securities, this provides a
great deal of tax benefit to you, the donor, while giving support
G
to the work of a
charity that you value.
If instead of cash,
you transfer your shares
now worth $20,000
directly to the charity, you
will not have to pay tax on
your gain. You will also
receive a $20,000 charitable
receipt to apply against your
taxes. Selling Shares on the
Market & Donating Cash
Donating
Shares
Fair market value of shares
$100,000
$100,000
Cost of shares
$20,000
$20,000
Capital gains realized
$80,000
$80,000
Taxable capital gain
$40,000 (50%)
$0
Taxes payable (assume 46%)
$18,400
$0
Tax credit* (assume Ontario resident)
$46,000
$46,000
Net tax reduction
$27,600
$46,000
This example is only for illustration purposes. The tax impact will depend on individual donors’ circumstances.
*Donation tax credits may be carried forward for the next five years.
Editorial Committee and Contributors:
• Darren Sweeney, Certified Financial Planner, Professional
darren@darrensweeney.ca
• Gillian Flanagan, KidsAbility Foundation, Development Officer
gflanagan@kidsability.ca
• Lisa Talbot, KidsAbility Foundation, Executive Director
ltalbot@kidsability.ca
• Dipali Batabyal, University of Waterloo, Development Officer
dbatabya@uwaterloo.ca
• Sharon McKay-Todd, University of Waterloo, Associate Director, Planned Giving
smckayto@uwaterloo.ca
• Susan St. John, MS Society, Executive Director
susan.st.john@mssociety.ca
• Jesse MacDonald, Desjardins, Financial Security Life & Health Insurance Advisor
jesse.macdonald@dfsin.ca
• Jon Rohr, Exchange Magazine for Business, Publisher
jon.rohr@exchangemagazine.com
• Paul Knowles, Exchange Magazine for Business, Editor
paul.knowles@exchangemagazine.com
Some editorial material supplied by Niagara/Golden Horseshoe LEAVE A LEAGACY™ Program.
PUBLISHED BY EXCHANGE BUSINESS COMMUNICATIONS INC.
8 | www.exchangemagazine.com
Join a Winning Team
Making Friends One
at a Time.
Ad sponsors:
• The Memmott family in memory
of Roy McNichol
• The Moore and MacDonald
families in memory of Jim Nickling
• Cathy Purdom, Mayfair Financial
• Peter Willwerth, Desjardins Financial,
Security Independent Network
Kendra and Jasper
• John and Jan Uren
• Nancy Ackert, Mortgage Alliance
1488 2nd Concession Road West Lynden, Ontario L0R 1T0
519-721-1068 | www.autismdogservices.ca
I helped ADS bring Kendra and her service dog together. I assist families and
corporations support worthy causes through prudent and efficient estate and
succession planning. I help families multiply their contributions to make this
world a better place.
Jesse MacDonald, BA M.Ed
Life and Health Insurance Advisor
675 Queen St. South Box 230, Suite 615
Kitchener, ON N2M 1A1
TEL: 519-732-8980
jesse.macdonald@dfsin.ca
www.jessemacdonaldinsurance.com
LEGACY IN ACTION
“We were impressed by
the support they give to
the families”
Bill and Heather Spall pictured above, pictured right
the Arsenault family Mom Sandra with Carly on her
lap, Carly’s sister Lauren and Hazel and Dad Jamie
10 | w w w . e x c h a n g e m a g a z i n e . c o m
/A Legacy of Hope0
Building a brighter future for children with special needs
BY PAUL KNOWLES
ill Spall has been a volunteer member of community
service groups for his entire adult life. Heather Spall had
a career as a school teacher. When this couple reached
their retirement years, they were aware of the needs in their
community, and eager to do what they could to make a
difference. The Spalls wanted to be sure that any contribution
they made to a community organization really made a
difference. And so, they chose KidsAbility.
KidsAbility’s mission is to empower children and youth with
special needs to realize their full potential. The Spalls agree
that KidsAbility is accomplishing its goals. Heather has
volunteered at KidsAbility for seven years, supporting teachers
here. As a result of their commitment, the Spalls have chosen
to leave a legacy through their Will to ensure the future needs
of the children and families served by KidsAbility are met.
The Spalls were drawn to KidsAbility because “we were
impressed by the staff, by the support they give to the families,”
says Heather. Bill adds, “and by the families themselves.”
The Spalls are creating an endowment fund through a
charitable bequest in their Will because “we wanted to leave
something to the community, to be as effective as possible.”
When the gift is received from their estate, it will be managed
by KidsAbility Foundation, with investment income annually
supporting the important work of the agency.
The Spall family is supportive of this fund. Bill says, “Our
kids are aware of what we are doing, and they’re on board.”
“This kind of support is so critical,” says Lisa Talbot, Executive
Director of the KidsAbility Foundation. “With the support of our
legacy donors, the future is bright for the children and youth
who receive life-changing services at KidsAbility.”
KidsAbility relies on annual donations from individuals,
Rotary Clubs and other service groups, corporations,
foundations, and other organizations. Nearly 10% of the $13
million annual budget comes from those sources, and the
need is greater than the resources, according to Lisa.
“Our donors are very instrumental in helping us provide the
best care we can,” she says.
KidsAbility families truly believe they are experiencing “best
care”. For example, Sandra Blatt-Arsenault talks about her
daughter, Carly, a little girl with Down syndrome: “KidsAbility really
has been essential for Carly’s development. They are fantastically
dedicated people. They’re like family. They have helped teach us
all the ways to assist Carly to become all she can be.”
B
And Deirdre Large speaks about her son, Graydon, who has
Congenital Muscular Dystrophy. Graydon first visited
KidsAbility when he was 11 months; he is now 11 years old.
“His physical progress has been amazing,” says Deirdre. “He’s
also speaking well.”
Lisa says that so much good is being accomplished through
KidsAbility, but she admits that the need is greater still. “The
need continues to grow as our communities grow.”
KidsAbility has evolved over the past 55 years to meet the
changing needs of children and youth in Waterloo Region and
Wellington County. Today, KidsAbility supports children and
youth with developmental disabilities and delays related to
premature birth, medical syndromes such as coordination
disorders and autism; physical disabilities such as spina bifida
and cerebral palsy; and in Waterloo Region, communication
difficulties in language, articulation, fluency and voice.
KidsAbility’s impact doesn’t stop with the child. This is truly
a family-focused organization. Deirdre Large says her husband,
Peter, and sons Graydon, Garrett and Griffin have all “been
guided by the people at KidsAbility the whole time.”
Carly Arsenault’s family feels the same connection to
KidsAbility. The Cambridge family includes mom Sandra, father
Jamie Arsenault, Carly and sisters Lauren and Hazel. Sandra
says, “Carly utilizes KidsAbility on a weekly basis for speech,
physiotherapy and occupational therapy.” KidsAbility team
members have also worked with all family members so they
understand the best way to support Carly.
The word support is really the key. The dedicated team at
KidsAbility supports children and their families; but they can only
do so with the commitment and support of people like Bill and
Heather Spall, who are finding creative and proactive ways to
help KidsAbility make a lasting impact for future generations. LEGACY PROFILE BROUGHT TO YOU BY:
JOHN GRIGGS
Partner
Corporate and Commercial Law
jgriggs@millerthomson.com
519.593.3231
EILEEN QUINN
Associate
Wills, Trusts and Estates
equinn@millerthomson.com
519.593.2399
I N T E L L I G E N T G U I D E T O P H I L A N T H R O P Y • M A Y 2 0 1 2 | 11
There Must be a
Better Way
LEGACY IN ACTION
evin Cahill is passionate about his family, his
community, and his vision, which is why he founded
Canadian Legacy Builder with the purpose of securing
lifestyles and family legacies for people who care.
Kevin genuinely cares about helping people help others. And
his own efforts are in synch with his business objectives – he
volunteers at the Guelph Food Band, is Chair of the Young
Professionals Network, and has been Area Director of Guelph
Business Networking International, president of the Rotary
Club of Guelph South, treasurer for the Canadian Therapeutic
Riding Association, vice chair of the Guelph Chamber of
Commerce and treasurer for the AIDS Committee of Guelph
and Wellington.
Why? Because Kevin is a man who looks for solutions. Kevin
became involved in legacy planning because of a number of
personal learning experience. He began his career as a
financial planner, but legacy planning became the focus in
2006 when, as treasurer of CANTRA, the organization received
a bequest of $40,000. Due to the public process, as treasurer
Kevin was able to see the will and full statement of financial
accounts, and saw that while the organization was fortunate to
receive the donation, it could have been almost $80,000, as
half the estate was lost to taxes and fees.
Kevin realized there must be a better way, and he set out to
find it. “I wanted individuals to be able to make a bigger
difference to the people they love or the causes they care
about and not have their hard earned wealth lost or stolen to
the government or the legal system.”
Canadian Legacy Builder was born in 2009 as a result of
another difficult but invaluable learning opportunity as Kevin’s
father lost his battle with cancer. When Kevin’s grandmother
passed away in 1996 Kevin’s dad witnessed a very large estate
lost, due to a variety of reasons. “Dad created a plan that
would ensure that 100% of his assets pass quickly and tax free
to the people he loved and the causes he cared about, as he
did not want the same fate to happen to his family.”
Kevin was the executor of his father’s estate and when his
dad passed away, the estate passed to the family quickly, and
a substantial amount also went to his favorite charities – while
the government received next to nothing.
After this experience Kevin declared, “If Dad can make the
advance plans to make a massive difference, why can’t
everyone!”
K
So Kevin created his own professional category to fill a very
large need. “Financial advisors and financial planners,
especially within a banking institution, are great at helping
people accumulate assets and either helping them grow their
assets, or lose them – which has become the norm in the past
few years. But no one is answering the question ‘What
happens next?’ after major life events. A legacy planner is
someone who specializes in securing our advocates’ lifestyle
while they are alive and creating a lasting legacy for the people
and/or causes they care about after they leave this world.”
Kevin wishes family harmony and perpetual family values as
goals for his clients which echo his commitments to his family
and his community. Everyone who has ever been loved by
someone leaves a legacy of some kind. Kevin recalls being
with a friend who lost both his parents in the same year and
Kevin witnessed his friend write a cheque for
$196,000 to Revenue Canada; the memory of
his parents became, ‘How can two educated
people let this happen?’
“There is that old saying: no one plans to
fail, they just fail to plan. Most people
think that a Will is an estate and legacy
plan, but it really is just one piece of the
greater puzzle.”
Kevin says, “Our desire is to help
families start the conversation about
what happens next, and work with
them through The Ancestor Builder™
so that they can become great
ancestors. And the best part is the
only cost is time.”
Kevin says that the amount of the
estate is not important but planning to
utilize that estate for the benefit of
family and the community is. “All that
is important is to have strong family
values with a desire to make a
difference and leave the world better
than how they found it.”
For more information about becoming
a “great ancestor,” contact Kevin at
www.canadianlegacybuilder.ca. Kevin Cahill
12 | w w w . e x c h a n g e m a g a z i n e . c o m
The Charity Child
Your community as part of your family
hen thinking about preparing a Will most
individuals divide their estate among their
immediate family. They want to be sure that
they can provide for the needs of their loved ones. But
what people may not consider are the possible tax
consequences to this decision.
Ask yourself, “If you had a choice to give a portion
of your estate to the government in tax or leave a gift
to a charity‚ which one would you prefer?” The
answer is probably obvious, but it might still be
difficult to know how to make the gift a reality. One
creative way to give to charity is to include a
Charity Child in your Will planning.
Some worry that the tax burden placed on their
estate will prevent their children from inheriting
all that they should. Some feel it’s not their
problem – “the children will work it out.”
Including a Charity Child could be of real
benefit to those who are interested in
providing for their loved ones, leaving a legacy
to their community and limiting their estate
to the exposure of estate taxes. Here’s an
example:
Through careful estate planning a family
with three children divides their estate into quarters, leaving
the last quarter to go to not-for-profits or charities that have
W
touched their lives. Upon the passing of both parents, the Will
outlines that each child will receive one quarter of
their parent’s estate. The fourth
quarter is dedicated
to the Charity
Child and directed
to the causes that
are dearest to their
hearts.
By placing a
charitable bequest in
one’s Will, the estate
will
benefit
and
receive a charitable tax
receipt for the gift. This
will help to offset any
taxes payable to the
government. The children
will still receive the
portion of the estate
generously left for them as
well. What is also very
important is the children
can celebrate their parent’s
legacy of making a difference
in the community through
their philanthropic dreams. CHARITY CHILD CONCEPT
Charity Child
Child 1
Child 3
Child 2
I N T E L L I G E N T G U I D E T O P H I L A N T H R O P Y • M A Y 2 0 1 2 | 13
Gifts of
Property
LEGACY IN ACTION
ou can choose to make a gift of
property outright; or you may
irrevocably assign ownership and
receive the tax benefits now while
enjoying the use of the property for your
lifetime. You will have the satisfaction of
knowing that the sale of the property
now or eventually, will provide funds to
support the work of your charity.
Houses, cottages, commercial buildings
and land, jewelry, antiques, art and
vehicles are examples of personal
property that can be used to make a
significant contribution. Because all
property has a cash value, the donor is
entitled to a tax receipt for the full
market value of the property. Y
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14 | w w w . e x c h a n g e m a g a z i n e . c o m
1
How to
LEAVE A
LEGACY
• Leave a Gift in your Will
• Gifts of Life Insurance
• Gifts of RRSPs or RRIFs
• Gifts of Charitable
Remainder Trusts
• Gifts of Securities
• Gifts of Property
There are many ways to leave a
gift to a not-for-profit or charity
that has touched your life.
Be a Lasting Champion of
Children1s Mental Health
I no longer had any hope…you
have put the hope back
into my life.”
These words, as reflected by
this 14 year old girl, capture the
essence of our work at
Lutherwood – putting hope back
into lives. Emily came to us as a
very isolated youth who continually
lashed out in anger. Her family had
all but given up on her. She had no
friends. She wouldn’t get out of bed in
the morning for school. She struggled
so significantly with depression and
anxiety that she didn’t want to live.
Once at Lutherwood, the changes came
slowly. But over time, with the unwavering
support of the staff team at Lutherwood,
healing work began in Emily’s heart and
mind. This past June, she was one of 10 youth
who graduated from grade 8 at Lutherwood, and is now
“
integrating back into her community school.
Emily is not alone. One out of five children
struggle with some sort of mental health
issue.
At Lutherwood’s Children’s Mental
Health Centre in Waterloo we work to
bring hope back into the lives of children
and their families who have been
deeply burdened with mental health
issues. Ranked #1 in all of Ontario (by
Children’s Mental Health Ontario),
the Children’s Mental Health
Centre is often the “last resort” in
treatment options for these youth
who struggle to find their way.
But we can’t do it alone. We need
friends in the community who will partner with us
and will be a lasting champion of Children’s Mental Health.
For more information on how you can leave a legacy please
contact Kim Lester, Manager, Donor Relations,
klester@lutherwood.ca or 519-884-1470.
TAX FRIENDLY
LEGISLATION
WHY IS YOUR WILL
IMPORTANT
The LEAVE A LEGACY™ goal of advancing philanthropy is
supported by federal government legislation. By implementing
legislation that allows Canadians to claim donations and other
benefits in their taxes, the federal government encourages
an increase of gifts to charities from individuals and
corporations. Statistics Canada reports that, in 2010, 23% of
Canadians filling tax returns claimed a charitable donation.
These claims totaled $8.3 billion.
Significant tax incentives make gift planning even more
attractive, particularly for those gifts left in a Will. By making
it easier to leave a gift, the federal government through its
beneficiary legislation helps to promote the LEAVE A
LEGACY™ program message, and allows Canada to continue
its rich history of giving. Your Will or testament guarantees that your property and
assets will be regulated according to your desires. Without a
Will, there is no mechanism in place to make a bequest. Here
are some steps you should take to ensure that your wishes
are granted:
1. Make a detailed list of your assets (financial, real estate,
vehicles, jewellery, collectibles, musical instruments, etc.).
2. Make a list of organizations or causes you would like to
support.
3. Set up an appointment with your professional advisor (i.e.
financial analyst, attorney, or planned giving officer) to discuss
your options. Your professional advisor can help you decide
which option(s) will work best for you and your family. I N T E L L I G E N T G U I D E T O P H I L A N T H R O P Y • M A Y 2 0 1 2 | 15
The Exemplary Tax
Benefits of RRSPs & RRIFs
LEGACY IN ACTION
aming the charity of your choice the
partial or full beneficiary of your RRSP
or RRIF is one of the most tax effective
ways to leave a legacy. This is because RRSPs
and RRIFs are among the most highly taxed
assets in your estate, hence the charitable tax
receipt offsets any taxes owing
against your estate.
At death, RRSPs and RRIFs
are treated as if they have been
cashed all at once and are added
to income in the year of death. For
example, this could mean that an
income of $35,000 in the year of death could
N
become an income
of $135,000, if there
is $100,000 in RRSP or
RRIF income added. The
income would be taxed at
the highest tax level, in
many cases, directing
approximately half the
RRSP or RRIF to
taxation. A charitable
receipt can be applied
up to 100% in the year of
death and in addition, can be
carried back one year. BLAZE A TRAIL
IN LAURIER’S
SECOND CENTURY
Legacy donors give future
generations a boost.
University students are fuelled with hope
for a bright future. Lead the way with a legacy
of generosity through a charitable bequest
in your will. Your encouragement will help
carve a path of success for decades to come.
To learn how easy it is, contact Cec Joyal,
Development Officer, Individual & Legacy Giving
at cjoyal@wlu.ca or call 519-884-0710 x3864.
wlu.ca/giving
WILFRID LAURIER UNIVERSITY
Waterloo | Brantford | Kitchener | Toronto
16 | w w w . e x c h a n g e m a g a z i n e . c o m
Charitable Remainder Trusts
Charitable Remainder Trust provides you with income
for life; then, after your lifetime, the assets pass to the
charity for charitable work. You receive immediate tax
relief in that a charitable receipt for the remainder of the full
market value is provided at the time that the trust is
established. A trust can also be set up to provide income for
a surviving spouse or other family member. In that case, the
assets would pass to the charity only after both spouses have
died. A charitable remainder trust can be funded with cash,
securities or real estate. Charitable remainder trusts are
irrevocable gifts. The donor is most times entitled to a
charitable receipt at the time that the trust is created, giving
tax relief during the donor’s lifetime. The receipt amount is
A
based on the present value of the remainder interest
determined by the remainder of the fair market value of the
assets. The charitable tax receipt is often within a range of 2060% of the value of the assets. Benefits include:
• a steady income and immediate tax benefits
• expert financial management
• allows you to make a significant gift
• avoids probate
A well-st
well-structured
tructured charitable
c
legacy
dependss on expertt planning.
planning.
.
Scotia Privatee Clien
Client
nt Group is the leading
g provider of philanthr
philanthropic
ropic donor
solutions in Canad
Canada.
da. Whether it is a Private
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nal fund or
helping structure gifts,
g
we have the means
means and knowledge to help
h
you make a
lasting impact for generations to come.
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To learn more contact:
contact:
Elizabeth
Eli b th Heald,
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Scotia Private Client
Clien
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Kitchener-Waterloo,
Kitchener-Waterloo, Cambridge, Guelph,
Guelph, and area
Telephone: 519-74
519-743-4233
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Toll free: 1-866-24
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red trademarks of The Bank of Nova Scotia.
Sccotia.TM TTrademark
rademark of The Bank of Nova Scotia.
I N T E L L I G E N T G U I D E T O P H I L A N T H R O P Y • M A Y 2 0 1 2 | 17
The Amazing Benefits of
Leaving a Gift of Life Insurance
LEGACY IN ACTION
ne potential application of life insurance is through full
paid up policies. If you have a fully paid up life insurance
policy that has value but is no longer needed, you can
realize a charitable receipt in the fair market value of the policy
that can be applied for current tax relief.
Life insurance can be powerful ally in increasing the amount
of the value of an estate. Through a series of smaller payments
during your lifetime, you can make a large charitable gift at the
end of life. This is accomplished through the magic of
leveraging.
For new policies or those that are assigned before fully paid,
tax benefits are available as follows:
a) If you name the charity as beneficiary and irrevocable
owner of the policy, you will receive an annual tax receipt for
O
the full value of your payments that can be applied against your
present taxes. The charity receives the money for its charitable
purposes on your death and there is no charitable receipt to
your estate.
b) If you name the charity as beneficiary and continue to
own the policy, your estate will benefit from the charitable
receipt on the value received at death.
A benefit to naming a charity directly on your policy is that
there is no need for the gift to pass through probate. It passes
outside your estate, thereby saving money in your estate and
the gift is not subject to contest.
Life insurance can also be utilized as wealth replacement.
For instance, you can replace the full value of a gift to charity
in your estate by taking out a life insurance policy that will pay
Creating a legacy
A gift of life insurance is just one way
you can help Waterloo continue
providing one-of-a kind educational
opportunities. The university’s gift
planning experts are available to work
with you to explore these options and
help you achieve your legacy goals.
For additional information on how you can
create a legacy at Waterloo, please contact
Sharon McKay-Todd at 519-888-4567, ext. 35413
or smckayto@uwaterloo.ca
Planned Giving | Office of Development
development.uwaterloo.ca/plannedgiving
“For me, as both a graduate and a staff member,
Waterloo has become a very important part of
my life. I’m thrilled to be able to advance the
university’s cause. Creating an award, through
a gift of life insurance, for students who contend
with disabilities while they complete their degrees,
is one way I can make a difference in the world.”
6720
– Ildikó Dénes (BSc ’98)
18 | w w w . e x c h a n g e m a g a z i n e . c o m
Pictured Sharon, Jaxon, Jason
Giles, Diane Milley and Mya Giles
your estate that same value on your
death. The charitable tax receipt received by your
estate for the value of your charitable gift will reduce tax
payable in your estate. In this way you can: make a significant
charitable gift; reduce taxes payable in your estate; replace
the amount of your charitable gift to your estate. YOU DON’T NEED TO
BE A MILLIONAIRE
TO BEQUEATH ONE
MILLION DOLLARS!
Robert and Rachel, two lawyers in their forties, live in
Guelph. They have each lost a parent to cancer, and
they want to give a significant sum to research into this
terrible disease.
By purchasing a joint, last-to-die life insurance policy
for a million dollars, the beneficiary of which would be
the registered foundation of their choice, they could
attain their goal by investing as little as $42,000.
As both are non-smokers, the annual policy premium
would amount to about $8,000 per year over ten years.
After deducting the 46% tax credit*, the annual net cost
is indeed $4,300.
* This example is built with federal and Ontario tax credits. In this
example, the donors’ annual incomes place them in the highest tax bracket.
Graduates of Conestoga share something very special besides their
credential. They possess a treasure that is common to all, yet at the
same time, unique to each – the Conestoga experience.
Your planned gift can help ensure that future generations of students
will have an opportunity to share this experience as well. Students
who might one day learn in many of the same classrooms and walk
the same halls and discover themselves in many of the same ways as
thousands of others before them.
Whether you are a graduate or a friend of Conestoga, your financial
support is always appreciated. However much you give, in whatever
way you choose to give it, your planned gift to Conestoga will help to
secure the future of one of the finest colleges in the country.
For more information on making
a gift to Conestoga, please contact:
Tim Tribe, Director of Development
519-748-5220 ext. 2409
ttribe@conestogac.on.ca
or visit: www.conestogac.on.ca/giving/
I N T E L L I G E N T G U I D E T O P H I L A N T H R O P Y • M A Y 2 0 1 2 | 19
The Importance of
Relationships
LEGACY IN ACTION
BY PAUL KNOWLES
t’s really all about relationships. The relationship between
people and their community. The relationships between
charitable and not for profit organizations and the people
they serve, the communities they benefit, and donors who
believe in what those organizations are doing. Without key
relationships, all of the good being done by these crucial
organizations would come to a dead stop. We asked members
of the publication’s editorial advisory board to share their
insights about relationships.
I
“Supporting one another”
Lisa Talbot, Executive Director, KidsAbility Foundation, said,
“Numerous charitable organizations in Waterloo Region and
Wellington County are dedicated to improving the lives of our
neighbours, friends and loved ones each and every day. This
may include providing a ‘hand up’ to a family who has fallen on
difficult financial times, providing supports to an individual
dealing with a serious illness, helping a newcomer to settle.
We live in a community that supports one another in times
of need. Choosing to leave a legacy to a local charitable
organization will help to ensure that the tradition of caring
in our community continues today and for years to come.
I can’t think of a better legacy to leave behind for the
benefit of future generations.”
gifts often lead to sustainable projects bringing solutions for
long-standing issues in the community. Much development in
our community has come from substantial donations from the
average citizen who wanted to make a difference but may not
have known how. This magazine is our way to help individuals
understand that there is a way forward through a shared vision
for the future generations of our great community.”
“The supportive link”
Jesse MacDonald, of Desjardins Financial Security in
Kitchener, speaks of achieving
“harmony”: “Business owners know
that their success rests on the
acceptance of their products and
“Personal succession plan”
Susan St. John, Executive Director of the MS Society,
Waterloo District Chapter, reflected on the value of a
legacy gift to the givers: “A succession plan is an
important facet of the transition of leadership. A legacy
gift is simply our personal succession plan, ensuring that
our values and ideals are implanted firmly in the community
in which our children and grandchildren will thrive. A
thoughtfully directed legacy gift will help create a community
where people understand the future is only as secure as the
tomorrows of its most frail and marginalized citizen.”
“Shared vision for future generations”
Dipali Batabyal is Development Officer, Family Campaign
and Special Projects, Office of Development and Alumni
Affairs, University of Waterloo. She sees legacy gifts as key to
community development: “Legacy gifts can be substantial
donations that have significant tax benefits to the individual’s
estate while helping to mobilize community initiatives. Legacy
20 | w w w . e x c h a n g e m a g a z i n e . c o m
Pictured from left Susan St. John, Darren Sweeney,
Lisa Talbot and Gillian Flanagan
services by their community. Community development creates
the supports for those in our community who need assistance
not available from their families and neighborhoods. In many
cases philanthropy provides the supportive link
between entrepreneurs and
professionals who are not
physically able to be on
the front lines to help out
where they see a need.
The business community
knows that a healthy,
vibrant community is
the backbone of their
future success and
growth. Community
agencies help the less
able participate in
making our communities
more
resilient
and
inclusive. What a strong
and natural partnership
these groups make to
balance needs and efficient
delivery of services.”
Pictured, from left, Dipali Batabyal, and
Sharon McKay-Todd
“Investment in your community”
Sharon McKay-Todd, Associate Director, Planned Giving at
the University of Waterloo, points out, “Giving and planning
for tomorrow is an investment in your community. Leaving a
legacy to support a charitable organization significantly
contributes to its sustainability and strengthens the fiber of
our community. Recipients who receive benefits are inspired
by the generosity of others. Those same individuals are very
likely to support that or similar organizations in the future. You
don’t have to possess wealth to invest in future generations.
A bequest for most people is an opportunity to leave a
significant gift through their will that might not have been
possible in their lifetime and to benefit charities they feel are
making an impact on our quality of life.”
“A lasting legacy”
Gillian Flanagan, Development Officer at KidsAbility, stated:
“As we live in a time of unstable government funding, legacy
giving provides an alternate structure of sustainability for our
integral community service organizations, such as KidsAbility.
Legacy giving truly is a win-win situation both for donors and
community organizations, as it provides a secure future for
community organizations and, simultaneously, enables donors
to leave behind a lasting legacy in the community they live.”
GETTING STARTED...
Do you have an estate?
Your “estate” is the sum of all your assets. Wealthy people might have very large estates, but even those who are not
wealthy have the resources to make a charitable bequest. If every adult in Canada made a Will and included a bequest
of just $100, billions of dollars would flow to charitable causes every year. Make your Will a priority.
Which charity?
Think about the charitable organization or cause you would most like to help. Maybe you or someone you know has
benefited from the service of a particular organization. Maybe you’re an active volunteer or believe in the mission and
values of a specific group. You may want to leave a gift in memory of a loved one or for particular use or program.
Do your homework
Talk to the professionals of the organization or charity of your choice. They can tell you more about what they do, what
opportunities are available for giving or leaving your legacy and how your gift can allow them to continue their work in
the future.
Consult a professional advisor
Consult the appropriate professional advisor in order to get the right expertise and advice. An advisor can help to
ensure the type and timing of your gift maximizes the advantages to you and the organization.
Talk to your family members
Make sure that your family members are aware of your intentions so they can support the achievement of your
charitable goals and philanthropic dreams.
I N T E L L I G E N T G U I D E T O P H I L A N T H R O P Y • M A Y 2 0 1 2 | 21
L E AV E A L E G A C Y ™ WA T E R L O O W E L L I N G T O N N O T - F O R - P R O F I T D I R E C T O R Y
ALZHEIMER SOCIETY OF KITCHENER-WATERLOO
Debra McGonegal, dmcgonegal@alzheimerkw.com
831 Frederick St Kitchener N2B 2B4 519-742-1422 x15
www.alzheimerkw.com
HOUSE OF FRIENDSHIP
Christine Rier, christiner@houseoffriendship.org
51 Charles St E Kitchener N2G 4R3 519-742-8327
www.houseoffriendship.org
BIG BROTHERS BIG SISTERS OF WATERLOO REGION
Colleen Hicks, colleen.hicks@bbbswr.org
7-150 Pinebush Rd Cambridge N1R 8J8 519-624-7655 x210
www.bbbswr.org
INDEPENDENT LIVING CENTRE WATERLOO REGION
Andrew Posen, andrew@ilcwr.org
127 Victoria St S Kitchener N2G 2B4 519-571-6788 x7425
www.ilcwr.org
CAMBRIDGE & NORTH DUMFRIES
COMMUNITY FOUNDATION
The Community Foundation is available
to anyone who would like to give
something back to the community, and
at the same time, create a legacy to
support the causes they care about.
Donations are pooled into an evergrowing, permanent endowment and
only the earnings generated through its investments are distributed
as grants according to the donor’s direction. Donors can be confident
that a gift to the Community Foundation is a gift that will give forever.
Jane Neath, foundation@in.on.ca
135 Thompson Drive, Unit 7, Cambridge, ON N1T 2E4 519.624.8972
(phone) 519.624.4032 (fax) www.cambridgefoundation.org
KIDSABILITY FOUNDATION
CANADIAN COUNCIL OF CHRISTIAN CHARITIES
1-43 Howard Ave Elmira N3B 2C9 519-669-5137
www.cccc.org
Wayne Kroeker, wayne.kroeker@cccc.org
Milly Siderius, milly.siderius@cccc.org
500 Hallmark Dr Waterloo N2K 3P5
www.kidsability.ca
Gillian Flanagan, gflanagan@kidsability.ca
519-886-8886 x1350
Lisa Talbot, ltalbot@kidsability.ca
519-886-8886 x1201
KITCHENER PUBLIC LIBRARY
You are the author of your legacy.
Please include Kitchener Public
Library in your story. The countless
ways KPL enriches the community
are priceless, but that doesn't mean
they don't come at a cost. As a
beneficiary of our services, you know that a legacy gift to your public
library will be used to enhance the opportunities afforded to the
next generation. Leaving your mark on this community is easy, and
we can help. Working with our Development Manager, and your
financial advisor, planning your legacy will be easy and rewarding.
Paul Dickson, Paul.Dickson@kpl.org
Kitchener Public Library, 85 Queen St N, Kitchener, ON,
campaign@kpl.org 519-743-0271 x278 www.kpl.org
COMMUNITY OF CHRIST
Ken McGowan, mcgowankj@rogers.com
519-265-5349 www.cofchrist.org
COMPASSION CANADA
June Dryer, jdryer@compassion.ca
PO Box 5591 London N6A 5G8 519-476-2386 www.compassion.ca
CONRAD GREBEL UNIVERSITY COLLEGE
Fred Martin, fwmartin@uwaterloo.ca
140 Westmount Rd N Waterloo N2L 3G6 519-885-0220 x24381
www.grebel.uwaterloo.ca
DOG GUIDES CANADA
Heather Fowler, hfowler@dogguides.com
152 Wilson Ave Oakville L6K 3H1 519 648-3307 x222
www.dogguides.com
GRAND RIVER HOSPITAL FOUNDATION
Jane Jamieson, jane.jamieson@grhosp.on.ca
Box 9056, 835 King St W Kitchener N2G 1G3 519-749-4300
x2504 www.grhf.org
GRAND RIVER CONSERVATION AUTHORITY FOUNDATION
Logan Walsh, lwalsh@grandriver.ca
400 Clyde Rd, Box 729 Cambridge N1R 5W6 519-621-2763
www.grandriver.ca
HAMILTON CONSERVATION FOUNDATION
Joan Bell, jbell@conservationhamilton.ca
Box 81067, 838 Mineral Springs Rd Ancaster L9G 4X1
905-525-2181 www.conservationhamilton.ca
22 | w w w . e x c h a n g e m a g a z i n e . c o m
KITCHENER-WATERLOO SYMPHONY
36 King St W Kitchener N2G 1A3 519-745-4711
www.kwsymphony.ca
Jana Gordon, jgordon@kwsymphony.on.ca
Paul Pedersen, ppedersen@kwsymphony.on.ca
KITCHENER-WATERLOO ART
GALLERY (KW|AG)
The Gallery’s mission is connecting
people and ideas through art. For
more than 50 years, KW|AG has
presented, promoted and preserved the visual arts heritage of our
region. Proud caretakers of a permanent collection of approximately
4,000 works, the Gallery’s dynamic programming serve all ages and
interests. Free admission ensures equal access for all. The Gallery's
Endowment Fund is locally managed, and an additional endowment
fund is held at the Ontario Arts Foundation.
Caroline Oliver, coliver@kwag.on.ca
101 Queen St N Kitchener N2H 6P8 519-579-5860 x218
www.kwag.ca
LUTHERAN FOUNDATION CANADA
Alfred Feth, afeth@lcceastdistrict.ca
275 Lawrence Ave Kitchener N2M 1Y3 519-528-6500 x2218
www.lutheranfoundation.ca
LUTHERWOOD CHILD AND
FAMILY FOUNDATION
Kim Lester, Manager, Donor
Relations, klester@lutherwood.ca
285 Benjamin Road Waterloo, ON
N2J 3Z4 519-884-1470
www.lutherwood.ca
MENNONITE FOUNDATION OF CANADA
50 Kent Ave Kitchener N2G 3R1 519-745-7821
www.mennofoundation.ca
Sherri Grosz, sgrosz@mennofoundation.ca
Mike Strathdee, mstrathdee@mennofoundation.ca
MS SOCIETY, WATERLOO DISTRICT
CHAPTER
The MS Society is responsible for
breakthroughs in research,
excellence in services for people
with MS and their families, dynamic
public education programs, and
advocacy to reshape government
policy. The support of your legacy gift will ensure, with unwavering
assurance that someone will be there to provide support, hope, and
caring for those struggling with MS … until there is a cure … and
beyond. Contact your local chapter to help
Susan St. John, susan.st.john@mssociety.ca
35 Belmont Ave. West, Kitchener 519-569-8789
www.mssociety.ca/waterloo
OWEN SOUND REGIONAL HOSPITAL FOUNDATION
Willard Vanderploeg, wvanderploeg@gbhs.on.ca
Box 1001, 1800 8th St E Owen Sound N4K 6H6 519-372-3925
www.oshfoundation.ca
PROJECT PLOUGHSHARES
Matthew Pupic, mpupic@ploughshares.ca
57 Erb St W Waterloo N2L 6C2 519-888-6541
www.ploughshares.ca
REDEEMER UNIVERSITY COLLEGE
James VanderLaan, jvanderlaan@redeemer.ca
777 Garner Rd E Ancaster L9K 1J4 905-648-2131
www.redeemer.ca
RENISON UNIVERSITY COLLEGE
Caroline Woerns cwoerns@renison.uwaterloo.ca
240 Westmount Rd N Waterloo N2L 3G4 519-884-4404 x28605
www.renison.uwaterloo.ca
ROCKWAY MENNONITE COLLEGIATE
Bernie Burnett, bernieb@rockway.ca
110 Doon Rd Kitchener N2G 3C8 519-743-8209 www.rockway.ca
ST. JEROME’S UNIVERSITY
Nadine Collins, nacollin@uwaterloo.ca
290 Westmount Rd N Waterloo N2L 3G3 519-884-8111 x28255
www.sju.ca
ST. MARY’S GENERAL HOSPITAL
FOUNDATION:
Founded in 1924, St. Mary’s
General Hospital remains an island
of healing and hope to the people
of Waterloo Region and
surrounding areas. Known for our
commitment to excellent,
innovative, and patient-centred care, we are one of the country’s
finest hospitals and we take seriously the trust our community puts
in us. In return, we are honoured to have the financial support of the
people we serve so that we can continue our work.
911 Queen’s Blvd., Kitchener, ON N2M 1B2 | 519-749-6797
St. Mary’s General Hospital Foundation
www.supportstmarys.ca
STRATFORD SHAKESPEARE FESTIVAL
Classical theatre changes lives. It enriches our experience
with colour, depth, understanding and purpose. The
experience of a single performance can last a lifetime.
Planning a gift to benefit the Stratford Shakespeare Festival is
a way you can support great classical theatre, not simply for
this season or next, but for all time.
For assistance in planning your legacy or for more
information, please contact Kathryn McKie, Planned Giving
Manager, or visit our web-site.
Kathryn McKie, kmckie@stratfordshakespearefestival.com
55 Queen Street, P.O. Box 520 Stratford, ON N5A 6V2
(519) 271-4040 ext. 5640
www.Stratfordshakespearefestival.com/legacy
THE KITCHENER & WATERLOO COMMUNITY FOUNDATION
Rosemary Smith, rsmith@kwcf.ca
B-29 King St E Kitchener N2G 2K4 519-725-1806 x 1
www.kwcf.ca
UNIVERSITY OF GUELPH
Gail Kendall, gkendall@uoguelph.ca
50 Stone Rd E Guelph N1G 2W1 519-824-4120
www.uoguelph.ca
UNIVERSITY OF WATERLOO
200 University Ave W Waterloo N2L 3G1
www.uwaterloo.ca
Dipali Batabyal, dbatabya@uwaterloo.ca
519-888-4567 x37195
Roberta Garcia, roberta.garcia@uwaterloo.ca
519-888-4567 x38758
Sharon McKay-Todd, smckayto@uwaterloo.ca
519-888-4567 x35413
Bonnie Oberle, boberle@uwaterloo.ca
519-888-4567 x35422
Joanne Stewart, jm4stewa@uwaterloo.ca
519-888-4567
Ingrid Town, iltown@uwaterloo.ca
519-888-4567 x37718
WALKERTON & DISTRICT HOSPITAL FOUNDATION
Cheryl Hopkins, chopkins@sbghc.on.ca
21 McGivern St W Walkerton N0G 2V0 519-881-0441
www.walkertondistrictfoundation.ca
WILFRID LAURIER UNIVERSITY
Cec Joyal, cjoyal@wlu.ca
75 University Ave W Waterloo N2L 3C5 519-884-0710 x3864
www.wlu.ca
YWCA KITCHENER-WATERLOO
Sheryl Loeffler, sheryl.loeffler@ywcakw.on.ca
153 Frederick St Kitchener N2H 2M2 519-576-8856 x106
www.ywcakw.ca
On the cover:
Girl jumping, Mya Giles, top inset picture Sharon
and Jaxon Giles; middle inset Graydon Large;
bottom inset Carly Arsenault
I N T E L L I G E N T G U I D E T O P H I L A N T H R O P Y • M A Y 2 0 1 2 | 23
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