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 Kevin Jong or call 905.688.5050 ext 2103