Ngh Foundation Legacy Program Jan 2008

618 views

Published on

Feel free to revise and use this presentation to advance your legacy program.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
618
On SlideShare
0
From Embeds
0
Number of Embeds
4
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • Ngh Foundation Legacy Program Jan 2008

    1. 1. NGH Foundation Legacy Program 2008 Helen DeBoer-Daggett Director of Development
    2. 2. The Profile of a Donor <ul><li>Caring Canadians, Involved Canadians </li></ul><ul><li>85% Cdns gave $$ to charity </li></ul><ul><li>10% of the Cdn donors (2.2 M) gave $870+ </li></ul><ul><li>$400 - average donation per Cdn </li></ul><ul><li>4% of Cdns made a bequest </li></ul><ul><li>in their will to charity </li></ul>
    3. 3. Top Reasons Why Canadians Give
    4. 6. Encouraging Canadians to Give <ul><li>34% give in response to being asked </li></ul><ul><li>Donors who plan ahead give more than those who don’t plan </li></ul><ul><li>If they give repeatedly to the same charity, they give more than those who vary their giving </li></ul>
    5. 7. Why Give? Value to the Donor? <ul><ul><li>Memorialize a loved </li></ul></ul><ul><ul><li>Doing good - community support </li></ul></ul><ul><ul><li>Have a relationship/grateful patient </li></ul></ul><ul><ul><li>Meets their personal needs/goals </li></ul></ul><ul><ul><li>Creative tax solutions </li></ul></ul>
    6. 8. <ul><li>“ Don’t ask me for another donation until I’m satisfied with the last donation I sent you!” </li></ul><ul><li> Thanks!. P. Burke, Author </li></ul><ul><li>What is the donor looking for? </li></ul><ul><li>Prompt Receipting/Correspondence </li></ul><ul><li>Indicate how the gift will be used </li></ul><ul><li>Show measurable results – Annual Report </li></ul>
    7. 9. Traditional Fundraising Pyramid Legacy Giving Major Giving Annual Giving
    8. 10. Today’s Fundraising Approach Annual Giving Legacy Giving Major Giving
    9. 11. Legacy Giving…the gift of a lifetime now or in your will planning <ul><li>Who is listed in your will? </li></ul><ul><ul><li>Family… Loved ones… </li></ul></ul><ul><li>… .but there’s one more …estate tax Canada Revenue Agency </li></ul>
    10. 12. NGH Foundation Legacy Program <ul><li>54 Bequest donations received since 1997 </li></ul><ul><li>Average bequest amount: $30 to $50 K </li></ul><ul><li>Funds are used to purchase medical equipment/hospital upgrades/renovations </li></ul><ul><li>Recognition </li></ul><ul><ul><ul><li>“ The Estate of John & Mary Donor” </li></ul></ul></ul><ul><ul><li>is honoured on the main donor wall </li></ul></ul>
    11. 13. CRA - charitable tax benefit ...allows you to choose how to give back to your community <ul><li>The Bequest </li></ul><ul><ul><li>Children/Family </li></ul></ul><ul><ul><li>Loved Ones – Friends </li></ul></ul><ul><ul><li>charity </li></ul></ul><ul><li>Contingent Bequest </li></ul><ul><ul><li>If all pass away…o ther friends, charities </li></ul></ul>
    12. 14. Legacy Giving at NGH
    13. 15. Bequest Giving and Averages
    14. 16. Legacy Fund <ul><li>An Endowment Fund </li></ul><ul><ul><li>… Savings account </li></ul></ul><ul><li>90/10 NGH Legacy Gift Rule </li></ul><ul><ul><li>90% is used immediately </li></ul></ul><ul><ul><li>10% is put in the Legacy Fund as an investment… </li></ul></ul><ul><ul><ul><li>the interest is used each year </li></ul></ul></ul>
    15. 17. Why build a Legacy Fund? <ul><li>Donors as prudent investors </li></ul><ul><ul><li>They want their legacies to live on </li></ul></ul><ul><ul><ul><ul><li>… .year after year </li></ul></ul></ul></ul><ul><li>OR </li></ul><ul><li>Donors want funds used immediately </li></ul>
    16. 18. What kind of Legacy do you want to leave? Give your estate to your children and loved ones but consider giving a portion to charity by creating a charity child.
    17. 19. Do you have a Charity Child? The charity child: giving to causes that are dear to your heart in your estate planning.
    18. 20. Will Clausing 90/10 Rule <ul><li>I give to the Norfolk General Hospital Foundation, Simcoe, Ontario </li></ul><ul><li>____% percent of the residue (or a specific amount) of my estate </li></ul><ul><li>to be used if practical and possible as determined by the Board of Directors of the Norfolk General Hospital Foundation from time to time. </li></ul>
    19. 21. Will Clausing – Invest $$$ - Legacy Fund <ul><li>1. I give to the Norfolk General Hospital Foundation, Simcoe, Ontario </li></ul><ul><li>____% percent of the residue (or a specific amount) of my estate </li></ul><ul><li>to be endowed and used if practical and possible as determined by the Board of Directors of the Norfolk General Hospital Foundation from time to time. </li></ul>
    20. 22. Will Clausing… Use $$$ Now <ul><li>1. I give to the Norfolk General Hospital Foundation, Simcoe, Ontario </li></ul><ul><li>2. __% percent of the residue (or a specific amount) of my estate </li></ul><ul><li>3. as an outright gift and used if practical and possible as determined by the Board of Directors of the Norfolk General Hospital Foundation from time to time. </li></ul>
    21. 23. Ways to remember NGH Foundation in our will planning <ul><li>Visit your lawyer/advisor </li></ul><ul><ul><li>Make a will </li></ul></ul><ul><ul><li>add a Codicil to an existing will </li></ul></ul><ul><ul><li>Gift of stock to charity in will </li></ul></ul><ul><ul><li>4. RRSP Beneficiary – a charity </li></ul></ul><ul><ul><li>5. Life Insurance Beneficiary – a charity </li></ul></ul>
    22. 24. Join the Legacy Circle <ul><li>How? </li></ul><ul><ul><li>Advise the Foundation of your legacy gift </li></ul></ul><ul><li>Honoured on the Legacy Donor Wall </li></ul><ul><li>Certificate of Appreciation </li></ul><ul><li>Legacy Circle Pin </li></ul><ul><li>Document your legacy story – </li></ul><ul><li> a tradition of caring and a spirit of giving </li></ul>
    23. 25. Question & Answer Period <ul><li>Thank you </li></ul><ul><li>Helen DeBoer-Daggett </li></ul><ul><li>Director of Development </li></ul><ul><li>Norfolk General Hospital Foundation </li></ul><ul><li>365 West Street, Simcoe, ON N3Y 1T7 </li></ul><ul><li>[email_address] 519-426-0130 x 1454 </li></ul><ul><li>www.ngh.on.ca </li></ul>

    ×