PLANNED GIVING

Expand the sections below to see the variety of ways you can make planned gifts

Gift in Will

Planning a gift in your Will to the Ottawa-Gatineau Youth Foundation not only has significant tax advantages for you but will leave a lasting mark within the National Capital Region as you empower future generations of young people to realize their full potential. It starts by speaking to your lawyer and letting them know your wishes. There are several options you may want to consider such as:


Residual Charitable Bequest – Give a percentage or residue of your estate to the Ottawa-Gatineau Youth Foundation

“I give to the Ottawa-Gatineau Youth Foundation, currently located at 6-430 Hazeldean Road, Ottawa ON K2L 1T9, [_________ %] of the rest, residue, or remainder of my estate to be used for its general charitable purposes in accordance with this organization’s applicable practices and policies.”


Specific Charitable Bequest – Give a specific asset or collection of assets such as cash, stocks/securities, or other designated property to the Ottawa-Gatineau Youth Foundation

“I give [$ ______________] or [a specific asset] to Ottawa-Gatineau Youth Foundation, currently located at 6-430 Hazeldean Road, Ottawa ON K2L 1T9, to be used for its general charitable purposes and held and administered in accordance with this organization’s applicable practices and policies.”


Directed Bequest – You have identified a specific area of interest within the Foundation that you wish your to support to be directed, for example, our Physical & Mental Wellness Pillars.

“I give, devise and bequeath [______________%] or [ $ ____________] or [a specific asset] to the Ottawa-Gatineau Youth Foundation currently located at 6-430 Hazeldean Road, Ottawa ON K2L 1T9 to be used to support [_____________________________] and held and administered in accordance with this organization’s applicable practices and policies.”


Once you have a sense of the type of gift you wish to make, we advise that you consult a lawyer or financial planning professional to complete your will.

RRSPs & RRIFs

Donors often look for innovative ways to support the Ottawa-Gatineau Youth Foundation. By making the Foundation the beneficiary of your RRSPs or RRIFs you protect a portion of the capital of your estate by avoiding costly estate taxes. You can also benefit from significant tax savings by directing RRIF income to the Ottawa-Gatineau Youth Foundation during your lifetime. This is a great discussion to have with your financial planner.

Gifts of Securities

To donate gifts of stock or securities, please fill out the form below, ensuring that the form is signed by the donor and returned to the Ottawa-Gatineau Youth Foundation before the gifts of stock or securities are transferred. Please also note that this form is used to issue the donor’s tax receipt.

Life Insurance

Life insurance is an asset you may not think of donating to the Ottawa-Gatineau Youth Foundation until you hear how impactful yet simple it can be. There are significant tax benefits for you while leaving a lasting mark within the National Capital Region as you empower future generations of young people to realize their full potential. There are a few ways to make a gift to the Ottawa-Gatineau Youth Foundation using life insurance; by giving ownership of a new or an existing policy to the Ottawa-Gatineau Youth Foundation or naming the Ottawa-Gatineau Youth Foundation as the beneficiary. Each option has different tax consequences and may make sense at different stages of life. Please consult with an insurance broker or your financial advisor to choose an option that makes the most sense of your situation.

Charitable Remainder Trust

A Charitable Remainder Trust is a gift that enables you to give today (with immediate tax savings) while retaining use of your assets such as investments and real estate. You receive income and/or use of your property during your life, but have provided an irrevocable legacy gift. Your assets are placed with a trustee in a trust and you receive the income generated while the capital remains intact and is ultimately transferred to the Ottawa-Gatineau Youth Foundation after your death. Your financial advisor can help you determine how to establish a trust that best suits your wishes and individual circumstances.

NEXT STEPS

The Ottawa-Gatineau Youth Foundation recommends that you consult your legal and financial advisor in any matter concerning estate and planned giving. We encourage donors who have made gifts in their Will to the Ottawa-Gatineau Youth Foundation, or are planning to do so, or make any other type of Planned Gift to the Foundation, to notify the organization either themselves or through their lawyer. Donor intentions will be kept in the strictest of confidence, but will allow your support to be properly recognized during your lifetime, if you so choose, and ensures that your gift is designated in accordance with your wishes.


For more information please contact Danielle Robinson, President & CEO of the Ottawa-Gatineau Youth Foundation at 613-408-7966 or [email protected]