Gifts in Wills
Including a charitable bequest benefiting The Port Coquitlam Community Foundation in your will is a simple way to make a lasting gift to your community. When you make this gift, we can establish a special fund that benefits the community forever and becomes your personal legacy of giving.
How it works
- You include the community foundation in your will as a bequest; we can help you or your lawyer with recommended language.
- We can work with you to determine the type of fund you would like to establish with your gift.
- Upon your death, we set up a special fund in your name, in the name of your family, or in honour of any person or organization you choose.
- Your charitable gift is eligible for a tax credit for estate tax purposes.
- The Society considers your charitable wishes in determining the areas of community need that would benefit the most through grants from your gift.
- Our board issues grants in the name of the fund you establish (if you prefer, grants can be made anonymously).
- We handle all the administrative details.
- Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift and all future earnings from your gift is a permanent source of community capital, helping to do good work forever.
Making a bequest to your community foundation is an easy way to transfer assets to charity. And, you can decide to do it at any age by adding to an existing will, or drafting a new one. In doing so you leave a legacy to your community, while enjoying the assets you need to maintain your current lifestyle.
You can give cash, appreciated stocks, or other assets. Some of the most tax-efficient asset types to give through your will come from appreciated stocks, RRSPs, and RIFs.
For more information or to arrange your no obligation consultation please contact your lawyer or contact Richard Rainey on how to include the Port Coquitlam Community Foundation into your will: