LEAVE A LEGACY                   TM                                                             your guide to             ...
TODAY IS A GOOD DAYTO LEAVE A LASTING IMPRESSIONCharitable giving lets you give back. Know your options.  John Beynon*    ...
W Can Make a Difference eBettering Community with your Involvement      his publication is a collaborative effort of the G...
LEGACY IN ACTIONWhat is Leave a Legacy?Building awareness and partnerships      EAVE A LEGACY™ is a national public       ...
The BenefitsTogether we can make a difference – the difference these                                                      ...
LEGACY IN ACTION “If we didn’t have interested businesses     to support us, we couldn’t do it.”                          ...
A Need that Had to be MetDemand for Guelph Food Bank services is increasing by eight per cent annuallyBY PAUL KNOWLES     ...
LEGACY IN ACTIONGifts of Securities       ifts of securities receive favorable tax treatment. In its         to the work o...
Join a Winning TeamMaking Friends One       at a Time.                                                             Ad spon...
LEGACY IN ACTION                                                              “We were impressed by                       ...
A Legacy of HopeBuilding a brighter future for children with special needsBY PAUL KNOWLES        ill Spall has been a volu...
There Must be aLEGACY IN ACTIONBetter Way        evin Cahill is passionate about his family, his               So Kevin cr...
The Charity ChildYour community as part of your family           hen thinking about preparing a Will most                t...
Gifts ofLEGACY IN ACTION                                                                                        Property  ...
Be a Lasting Champion ofChildrens Mental Health     I no longer had any hope…you                                          ...
The Exemplary TaxLEGACY IN ACTIONBenefits of RRSPs & RRIFs       aming the charity of your choice the                     ...
Charitable Remainder Trusts        Charitable Remainder Trust provides you with income                                    ...
The Amazing Benefits ofLEGACY IN ACTIONLeaving a Gift of Life Insurance         ne potential application of life insurance...
Pictured Sharon, Jaxon, Jason                                                                            YOU DON’T NEED TO...
The Importance ofLEGACY IN ACTIONRelationshipsBY PAUL KNOWLES   t’s really all about relationships. The relationship betwe...
services by their community. Community development creates             “Investment in your community”the supports for thos...
Leave A Legacy Guide May 2012
Leave A Legacy Guide May 2012
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Leave A Legacy Guide May 2012


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This 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.

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Leave A Legacy Guide May 2012

  1. 1. LEAVE A LEGACY TM your guide to intelligent philanthropyLEAVE A LEGACY™ WATERLOO-WELLINGTON Vol.1 No.1 May 2012 Philanthropy Issue - FREE TABLE OF CONTENTS What is Leave a Legacy ....................4 Gifts of Property ..............................14 The Benefits of Naming a Charity in Tax Friendly Legislation ....................15 Your Will..............................................5 Why Your Will is Important ..............15 Top Ten Things You Can Do ..............5 Tax Benefits of RRSPs or RRIFs ......16 A Need That Had to be Met ..............6 Charitable Remainder Trusts ..........17 Gifts of Securities ............................8 Gift of Life Insurance ........................18 Legacy of Hope ..................................10 No Need to be A Millionaire..............19 Canadian Legacy Builder ..................12 Importance of Relationships ............20 The Charity Child ..............................13 Membership Directory ......................22
  2. 2. TODAY IS A GOOD DAYTO LEAVE A LASTING IMPRESSIONCharitable 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* Courtney Proudfoot* Natalie Lacroix* Mary Norman Holly Caetano CFP® CLU CHS BA Office Manager Manager - Business Development Kari Hilton Arlene Paul* Meaghan Pitcher Bea McBride Angela Shulist Michelle Karn Licensed Assistant Wealth Administrator Client Care Reception, Client Office Assistant Office Assistant Representative ServiceCathy Christoff* Linda SerbuWealth Administrator Administrative/ Marketing AssistantCentury Group Financial Solutions Inc.508 Riverbend Drive, Suite 102, Kitchener ON N2K 3S2Bus 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.
  3. 3. W Can Make a Difference eBettering Community with your Involvement his publication is a collaborative effort of the Golden Advocis is the Financial Advisors Association of Canada andT Triangle chapter of Advocis (The Financial Advisors Association of Canada) and Waterloo-Wellington LEAVEA LEGACY™, a program of the Canadian Association of Gift 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, estatePlanners (CAGP-ACPDP™), to provide valuable information tothe readers on planned gifting and charitable giving. and tax planning, risk management and employee benefits planning. Our members are focused on understanding the Canadians are living in a time when an unprecedented financial goals that are important to you and your family.amount of wealth is being transferred from one generation tothe next. In the next two decades 3.5 million Canadians are With the trend of governments cutting funding, variousexpected to die, leaving an estimated $1.5 trillion to their charities are in a position to need your support more than ever.families and community. The disturbing part is that only 30% of This leaves you with some tough decisions. Make sure that Canadians currently have an up-to-date your advisor or planner has the knowledge and experience to legal Will. If this trend continues, support you in making these decisions. Ask whether they are about two million Canadians will members of Advocis. Our association protects and promotes end life without a Will to protect advisors in the public interest and we are committed to their assets in the next two professionalism amongst our members. decades. Without a Will, people LEAVE A LEGACY™ is a national public awareness program lose the ability to control that encourages Canadians from all walks of life to make gifts distribution of their estate to through a Will, life insurance or other gift planning instrument their chosen beneficiaries. to the charitable organizations of their choice. By doing so, By leaving a gift to a citizens will ultimately help the not-for-profit and charitable charity or not-for-profit organizations sector continue to give back to their community. organization in your Will or The Waterloo-Wellington LEAVE A LEGACY™ program works estate plan, you ensure hand in hand with professional advisors in Will and estate your assets continue to planning as well as charities to encourage well planned and help others into the managed giving. Across Canada there are 22 local LEAVE A future. Without a Will, LEGACY™ committees that oversee the work of educating the your property and public. This grassroots collaborative effort includes local finances are settled charitable organizations, professional estate and financial according to federal planning organizations, financial institutions, community and provincial laws, foundations, other funders and the media which have which may not coincide embraced the underlying principles of philanthropy. with your wishes. The LEAVE A LEGACY™ program’s goal is to raise awareness There are many ways of the importance of thoughtful, well planned, tax preferred to achieve your charitable gifts and their impact on the quality of life for everyone in our goals without taking away communities. A legacy gift can benefit all not-for-profit groups from your family and loved large or small. ones. There are numerous For more information and resources, please visit: options and types of planned www.leavealegacy.ca and www.advocis.ca. gifts. Different giving options allow you to give and still Darren Sweeney, CFP, CHS provide for family members Certified Financial Planner® Professional while receiving tax benefits at 2012 Advocis Golden Triangle Chapter President the same time. 2012 LEAVE A LEGACY™ Waterloo-Wellington Chair INTELLIGENT GUIDE TO PHILANTHROPY • MAY 2012 | 3
  4. 4. LEGACY IN ACTIONWhat is Leave a Legacy?Building awareness and partnerships EAVE A LEGACY™ is a national public ensure that their favourite charity is able to continue itsL awareness program designed to educate and encourage people toleave a gift through their Will or any other 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.gift planning instruments to a charity ornonprofit organization of their choice.LEAVE A LEGACY™ does not solicit • To provide support:gifts for any particular organization. Financial assistance is essentialLEAVE A LEGACY™ is a donor- to support and sustain charitableoriented education campaign to work. Many people generously shareraise awareness of the importance their money, time and energy withof including a charitable gift in local not-for-profit organizations. And many people are unaware that bythe estate planning process. leaving a gift in their Will or estate plan The Waterloo - Wellington to the charitable groups of their choice,LEAVE A LEGACY™ Program is a region- they can continue to help people in need orwide program (Kitchener-Waterloo, Cambridge promote a favourite cause.and Guelph areas) that aims to build local awareness of We wish more funding were available forthe benefits of making planned gifts that better those in our medical research, for homeless shelters, or alocal community. The local program also aids in building treasured arts or music program. Charitablepartnerships between donors, charities and not-for-profit organizations need financial assistance from people like you toorganizations and gift planning professionals such as estate continue their work. By making bequests and other “plannedplanners, financial advisors, insurance professionals, gifts”, you can continue to help organizations that are makingaccountants and lawyers. an important difference in your community. What better way A program of the Canadian Association of Gift Planners to thank the people or organizations that have had an impact(CAGP-ACPDP™), LEAVE A LEGACY™ is a collaborative effort on your life, than to make a contribution from your estateof donors, charities, not-for-profits and professional advisors. through a bequest in your Will?The LEAVE A LEGACY™ program’s goal is to raise awarenessof the importance of thoughtful, well-planned, tax-preferred • To leave a memorygifts and their impact on the quality of life for everyone in ourcommunities 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 communityWHY LEAVE A LEGACY? work most meaningful to you, in a way that allows these• To enrich people’s lives: important causes to be well supported now and long after you Every day, people are helped and lives are enriched by the have gone. Personal philanthropy through a Will can be anwork of registered charities and foundations, and other not- additional way to ensure that your memory lives on.for-profit organizations in our communities. Meals for isolated Surprisingly, a gift can also be a very practical addition to aseniors, summer jobs for disadvantaged high school students, financial or estate plan when tax issues are taken intofunding for mental health or cancer research or a live consideration – even for those who think they may not haveperformance by a local arts organization are just some of the tax issues. In most cases, the tax burden left to relatives isways not-for-profit organizations improve our lives. lifted significantly. Canadians give for many different reasons: for some it is a Your professional advisor can teach you how leaving away to ensure their memory lives on, for many it’s a way to planned gift can actually benefit your family after you’re gone.4 | www.exchangemagazine.com
  5. 5. The BenefitsTogether we can make a difference – the difference these of Naming adays, is that you can impact the causes you care about byincluding them in your Will or estate plan. Charity in• To contribute to the future Personal philanthropy can help contribute to thesustainability of a not-for-profit organization or charity of yourchoice. In life, many of us require some kind of assistance, Y Will ourwhether it’s physical, financial or spiritual. Perhaps a localorganization or charity has a special place in your heart.Maybe you were given a scholarship that made the dream ofcollege possible. You or a loved one may have been shownespecially compassionate care in the hospital during an illnessor injury. It is during life’s many trials when we are remindedthat more could be done to continue personal philanthropywhich support humane acts of kindness and help upholdprograms for personal enrichment. By leaving a gift that livesout your legacy, you are making a significant contribution to utting a charity in your Will is the simplest way that youthe future sustainability of those charitable organizations thatyou value most. P 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. TOP 10 THINGS YOU Your charitable gift(s) can be in the form of a fixed amount CAN DO TODAY TO or it can be a percentage of what is left after tax and other costs have been paid. If your LEAVE A LEGACY beneficiary is a registered charity, your estate will receive 1. Prepare a Will. By preparing a Will, you ensure a charitable gift that your wishes for sharing your legacy with others receipt in the are guaranteed. Be sure to share this information amount of your with your loved ones, so they too can be part of gift which will your lasting gift. offset taxes owing 2. Leave a gift in your Will to the charities that have on your estate. The touched your life. charitable tax receipt 3. Leave a specific amount or a percentage of your can be applied up to estate. By being specific, you ensure your wishes 100% in the year of for your gift will be met. death and in addition, 4. Consider gifting some of your assets, such as carried back one year. stocks, bonds, cash, real estate or art to your You may feel concern charities. that heirs will receive less if 5. Name a charity as the beneficiary of your RRSP, charity is named in a Will. Your family and others who Large RRIF or pension if possible. ydon d Gra depend on you should always re an 6. Consider leaving a charity as the beneficiary of an Deird come first. However, because existing or paid up life insurance policy. tax is almost always owing in an estate, through income and/or 7. Invest in a new life insurance policy naming your capital gain, a charitable receipt can offset tax owing and quite favourite charity as the beneficiary. simply re-direct some or all of the money in the estate that 8. Remember loved ones with memorial gifts. would go to tax. Your advisor(s) can help you to decide if this is 9. Encourage family and friends to leave legacy gifts in best for you. their Wills. It is recommended when drawing up your Will, that you 10.Ask your financial or estate planning advisor to help consult a legal advisor who can ensure your final wishes are you leave a lasting gift and to include charitable met. As well, it is recommended that you consult with family giving as part of their counsel when working with members so they are involved in your legacy decisions. clients. INTELLIGENT GUIDE TO PHILANTHROPY • MAY 2012 | 5
  6. 6. 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 Director6 | www.exchangemagazine.com
  7. 7. A Need that Had to be MetDemand for Guelph Food Bank services is increasing by eight per cent annuallyBY PAUL KNOWLES evin Cahill, founder of Canadian Legacy Builder, is not welcomed donation barrels.K 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 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.to the lives of thousands of people. The need was clear in 1987; it is much clearer, today. He is passionate about the Food Bank as his wife, Debbie, Marilyn says that “the demand has continued to go up.” Debwas the beneficiary of the Christmas hampers through the adds that requests for assistance increased by eight per cent,food bank in North Bay where she grew up. Debbie and her last year alone. “We’ve been able to meet the need,” sayssister were the children of a single mom who needed the Marilyn, “through the strong support system that’s beencompassionate, practical help of a food bank, and Kevin and developing over the past 25 years.” The food bank functionsDebbie constantly remember and remind their children to with no government funding, and no United Way funding.never forget the difference that it made. The support comes from hundreds of people like Kevin. “It Marilyn Worobec and her friends recognized a need for that gives hope to people who have experienced a tough period inkind of compassionate, practical help in Guelph, and in 1987, life. It gives them the opportunity to more forward andthey founded the Guelph Food Bank. Marilyn continues as recover.” The Food Bank, he says, “fills an enormous need.” HeExecutive Director of the food bank, today. The facility is a says that he and his wife know that they are very fortunate toministry of the Spiritwind Christian Centre. be where they are in their lives. It is their passion to give back It’s a remarkable story. The Guelph Food Bank has only two to the community that has been so great to them. Marilyn saysand a half full-time staff members, but the organization logs this kind of support is critical for the Food Bank. “If we didn’t100,000 volunteer hours each year, and provides much- have interested businesses and people like Kevin being thereneeded food to 22,400 people. And that doesn’t include to support us, we couldn’t do it.”assistance provided through other agencies. In all, the food The Guelph Food Bank is committed to providing assistancebank distributed over 1 million pounds of food last year. across the spectrum of community needs; they have launched Marilyn and her colleagues, including community outreach other programs, including a day care centre that hosts 85director Deb Cripps, are both humble and dedicated to their children, and employs a staff of 26.work. They are full of praise for their volunteers and their The success of the Guelph Food Bank has made thefinancial supporters, including their original landlord, Guelph organization a model for other communities. Food bankbusinessman John Barber, who initially rented them the food organizers have come to learn from the Guelph Food Bankbank facilities, in 1989, and nine years later, donated the from Costa Rica, Brazil, Trinidad, El Salvador, Alabama,facilities themselves to the Guelph Food Bank. The buildings Louisiana and other international locales, and have returnedcover 94,000 square feet. However, the property also carried home to found successful food banks in their communities.a $1.5 million mortgage. The Food Bank occupies 16,000 They have understood the essential motivation of the Guelphsquare feet; the rest of the property is rented out. Food Bank: “We saw a need, and the need had to be met.” The Guelph Food Bank has come a long way since it beganoperations in Marilyn’s garage, but as she says, the need is LEGACY PROFILE BROUGHT TO YOU BY:great, and therefore the facility needed to be big enough tomeet the need. The need was the reason for being. In 1987,“there was nothing here in the city.” Marilyn began to contactother churches and businesses. The response was immediate:“They have been very supportive, all of them.” She notes, bythe way, that while the Food Bank is an outreach of her church– “we do not proselytize” – the help is given with no stringsattached. The Kinsmen Club donated money to cover the Food www.canadianlegacybuilder.comBank’s first year’s rent. Deb notes that grocery stores INTELLIGENT GUIDE TO PHILANTHROPY • MAY 2012 | 7
  8. 8. LEGACY IN ACTIONGifts of Securities ifts of securities receive favorable tax treatment. In its to the work of aG 2006 budget, the Canadian federal government eliminated capital gains tax on listed stocks whentransferred directly to registered charities. These can be in the charity that you value. If instead of cash, you transfer your sharesform of publicly traded stocks in Canada and major international now worth $20,000 directly to the charity, youexchanges, mutual funds, bonds or futures. You will receive a will not have to pay tax oncharitable receipt for the market value of the securities, just as your gain. You will alsothough you had donated cash. When combined with the receive a $20,000 charitablecharitable receipt for the value of the securities, this provides a receipt to apply against yourgreat deal of tax benefit to you, the donor, while giving support taxes. Selling Shares on the Donating Market & Donating Cash 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
  9. 9. Join a Winning TeamMaking 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 • John and Jan Uren Kendra and Jasper • 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
  10. 10. 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 Jamie10 | w w w . e x c h a n g e m a g a z i n e . c o m
  11. 11. A Legacy of HopeBuilding a brighter future for children with special needsBY PAUL KNOWLES ill Spall has been a volunteer member of community And Deirdre Large speaks about her son, Graydon, who hasB service groups for his entire adult life. Heather Spall had a career as a school teacher. When this couple reachedtheir retirement years, they were aware of the needs in their 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.”community, and eager to do what they could to make adifference. The Spalls wanted to be sure that any contribution Lisa says that so much good is being accomplished throughthey made to a community organization really made a KidsAbility, but she admits that the need is greater still. “Thedifference. And so, they chose KidsAbility. need continues to grow as our communities grow.” KidsAbility’s mission is to empower children and youth with KidsAbility has evolved over the past 55 years to meet thespecial needs to realize their full potential. The Spalls agree changing needs of children and youth in Waterloo Region andthat KidsAbility is accomplishing its goals. Heather has Wellington County. Today, KidsAbility supports children andvolunteered at KidsAbility for seven years, supporting teachers youth with developmental disabilities and delays related tohere. As a result of their commitment, the Spalls have chosen premature birth, medical syndromes such as coordinationto leave a legacy through their Will to ensure the future needs disorders and autism; physical disabilities such as spina bifidaof the children and families served by KidsAbility are met. and cerebral palsy; and in Waterloo Region, communication difficulties in language, articulation, fluency and voice. The Spalls were drawn to KidsAbility because “we wereimpressed by the staff, by the support they give to the families,” KidsAbility’s impact doesn’t stop with the child. This is trulysays Heather. Bill adds, “and by the families themselves.” a family-focused organization. Deirdre Large says her husband, Peter, and sons Graydon, Garrett and Griffin have all “been The Spalls are creating an endowment fund through a guided by the people at KidsAbility the whole time.”charitable bequest in their Will because “we wanted to leavesomething to the community, to be as effective as possible.” Carly Arsenault’s family feels the same connection toWhen the gift is received from their estate, it will be managed KidsAbility. The Cambridge family includes mom Sandra, fatherby KidsAbility Foundation, with investment income annually Jamie Arsenault, Carly and sisters Lauren and Hazel. Sandrasupporting the important work of the agency. says, “Carly utilizes KidsAbility on a weekly basis for speech, physiotherapy and occupational therapy.” KidsAbility team The Spall family is supportive of this fund. Bill says, “Our members have also worked with all family members so theykids are aware of what we are doing, and they’re on board.” understand the best way to support Carly. “This kind of support is so critical,” says Lisa Talbot, Executive The word support is really the key. The dedicated team atDirector of the KidsAbility Foundation. “With the support of our KidsAbility supports children and their families; but they can onlylegacy donors, the future is bright for the children and youth do so with the commitment and support of people like Bill andwho receive life-changing services at KidsAbility.” Heather Spall, who are finding creative and proactive ways to KidsAbility relies on annual donations from individuals, help KidsAbility make a lasting impact for future generations.Rotary Clubs and other service groups, corporations,foundations, and other organizations. Nearly 10% of the $13 LEGACY PROFILE BROUGHT TO YOU BY:million annual budget comes from those sources, and theneed is greater than the resources, according to Lisa. “Our donors are very instrumental in helping us provide thebest care we can,” she says. KidsAbility families truly believe they are experiencing “bestcare”. For example, Sandra Blatt-Arsenault talks about her JOHN GRIGGS EILEEN QUINNdaughter, Carly, a little girl with Down syndrome: “KidsAbility really Partner Associatehas been essential for Carly’s development. They are fantastically Corporate and Commercial Law Wills, Trusts and Estatesdedicated people. They’re like family. They have helped teach us jgriggs@millerthomson.com equinn@millerthomson.comall the ways to assist Carly to become all she can be.” 519.593.3231 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
  12. 12. There Must be aLEGACY IN ACTIONBetter Way evin Cahill is passionate about his family, his So Kevin created his own professional category to fill a veryK community, and his vision, which is why he founded Canadian Legacy Builder with the purpose of securinglifestyles and family legacies for people who care. 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 Kevin genuinely cares about helping people help others. And few years. But no one is answering the question ‘Whathis own efforts are in synch with his business objectives – he happens next?’ after major life events. A legacy planner isvolunteers at the Guelph Food Band, is Chair of the Young someone who specializes in securing our advocates’ lifestyleProfessionals Network, and has been Area Director of Guelph while they are alive and creating a lasting legacy for the peopleBusiness Networking International, president of the Rotary and/or causes they care about after they leave this world.”Club of Guelph South, treasurer for the Canadian TherapeuticRiding Association, vice chair of the Guelph Chamber of Kevin wishes family harmony and perpetual family values asCommerce and treasurer for the AIDS Committee of Guelph goals for his clients which echo his commitments to his familyand Wellington. and his community. Everyone who has ever been loved by someone leaves a legacy of some kind. Kevin recalls being Why? Because Kevin is a man who looks for solutions. Kevin with a friend who lost both his parents in the same year andbecame involved in legacy planning because of a number of Kevin witnessed his friend write a cheque forpersonal learning experience. He began his career as a $196,000 to Revenue Canada; the memory offinancial planner, but legacy planning became the focus in his parents became, ‘How can two educated2006 when, as treasurer of CANTRA, the organization received people let this happen?’a bequest of $40,000. Due to the public process, as treasurerKevin was able to see the will and full statement of financial “There is that old saying: no one plans toaccounts, and saw that while the organization was fortunate to fail, they just fail to plan. Most peoplereceive the donation, it could have been almost $80,000, as think that a Will is an estate and legacyhalf the estate was lost to taxes and fees. plan, but it really is just one piece of the greater puzzle.” Kevin realized there must be a better way, and he set out tofind it. “I wanted individuals to be able to make a bigger Kevin says, “Our desire is to helpdifference to the people they love or the causes they care families start the conversation aboutabout and not have their hard earned wealth lost or stolen to what happens next, and work withthe government or the legal system.” them through The Ancestor Builder™ so that they can become great Canadian Legacy Builder was born in 2009 as a result of ancestors. And the best part is theanother difficult but invaluable learning opportunity as Kevin’s only cost is time.”father lost his battle with cancer. When Kevin’s grandmotherpassed away in 1996 Kevin’s dad witnessed a very large estate Kevin says that the amount of thelost, due to a variety of reasons. “Dad created a plan that estate is not important but planning towould ensure that 100% of his assets pass quickly and tax free utilize that estate for the benefit ofto the people he loved and the causes he cared about, as he family and the community is. “All thatdid not want the same fate to happen to his family.” is important is to have strong family values with a desire to make a Kevin was the executor of his father’s estate and when his difference and leave the world betterdad passed away, the estate passed to the family quickly, and than how they found it.”a substantial amount also went to his favorite charities – whilethe government received next to nothing. For more information about becoming a “great ancestor,” contact Kevin at After this experience Kevin declared, “If Dad can make the www.canadianlegacybuilder.ca.advance plans to make a massive difference, why can’teveryone!” Kevin Cahill12 | w w w . e x c h a n g e m a g a z i n e . c o m
  13. 13. The Charity ChildYour community as part of your family hen thinking about preparing a Will most touched their lives. Upon the passing of both parents, the WillW individuals divide their estate among their immediate family. They want to be sure thatthey can provide for the needs of their loved ones. But outlines that each child will receive one quarter of their parent’s estate. The fourth quarter is dedicated to the Charitywhat people may not consider are the possible tax Child and directedconsequences to this decision. to the causes that Ask yourself, “If you had a choice to give a portion are dearest to theirof your estate to the government in tax or leave a gift hearts.to a charity‚ which one would you prefer?” The By placing aanswer is probably obvious, but it might still be charitable bequest indifficult to know how to make the gift a reality. One one’s Will, the estatecreative way to give to charity is to include a will benefit andCharity Child in your Will planning. receive a charitable tax Some worry that the tax burden placed on their receipt for the gift. Thisestate will prevent their children from inheriting will help to offset anyall that they should. Some feel it’s not their taxes payable to theproblem – “the children will work it out.” government. The childrenIncluding a Charity Child could be of real will still receive thebenefit to those who are interested in portion of the estateproviding for their loved ones, leaving a legacy generously left for them asto their community and limiting their estate well. What is also veryto the exposure of estate taxes. Here’s an important is the childrenexample: can celebrate their parent’s Through careful estate planning a family legacy of making a differencewith three children divides their estate into quarters, leaving in the community throughthe last quarter to go to not-for-profits or charities that have 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
  14. 14. Gifts ofLEGACY IN ACTION Property ou can choose to make a gift of Y 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 Putting Profe nal g Professional fession now or eventually, will provide funds to support the work of your charity. Houses, cottages, commercial buildings Standar Standards First rds and land, jewelry, antiques, art and vehicles are examples of personal property that can be used to make a Advocis’ Go Golden Triangle ch olden chapter is hapter significant contribution. Because all property has a cash value, the donor is proud to be part of Advocis, e Advocis, entitled to a tax receipt for the full Ca Canada’s largest voluntary profe ’s l rgest voluntary professional association of larg tary professional association iati market value of the property. financial advi rs a planners. financial advisors and a vis sisors rs. How to Advocis members provide financial advice, pr product service roduct and employee benefits planning to Canadians in a number ben nefits Canadians of areas, including: LEAVE A Advocis members m professional development meet ongoing profe fessional LEGACY • Leave a Gift in your Will the • Gifts of Life Insurance • Gifts of RRSPs or RRIFs To find an Advocis advisor/planner in your community, Advocis advisor/ r/planner r y, • Gifts of Charitable contact: www.advocis.ca or call 1.800.563.5 www.advvocis.ca 1.800.563.5822 5822 Remainder Trusts Advocis, Th Fi The Financial Advisors Association of Canada, is the oldest and Canada, Ca , • Gifts of Securities largest voluntary membership association of financial advi larg vo rgest ry membership advisors and planners isors • Gifts of Property in Canada, with more th 11,000 advisors and planners in 41 chapters from a, than han n fr coast to coast. There are many ways to leave a gift to a not-for-profit or charity that has touched your life.14 | w w w . e x c h a n g e m a g a z i n e . c o m
  15. 15. Be a Lasting Champion ofChildrens Mental Health I no longer had any hope…you integrating back into her community school.“ have put the hope back into my life.” These words, as reflected by Emily is not alone. One out of five children struggle with some sort of mental health issue.this 14 year old girl, capture the At Lutherwood’s Children’s Mentalessence of our work at Health Centre in Waterloo we work toLutherwood – putting hope back bring hope back into the lives of childreninto lives. Emily came to us as a and their families who have beenvery isolated youth who continually deeply burdened with mental healthlashed out in anger. Her family had issues. Ranked #1 in all of Ontario (byall but given up on her. She had no Children’s Mental Health Ontario),friends. She wouldn’t get out of bed in the Children’s Mental Healththe morning for school. She struggled Centre is often the “last resort” inso significantly with depression and treatment options for these youthanxiety that she didn’t want to live. who struggle to find their way. Once at Lutherwood, the changes came But we can’t do it alone. We needslowly. But over time, with the unwavering friends in the community who will partner with ussupport of the staff team at Lutherwood, and will be a lasting champion of Children’s Mental Health.healing work began in Emily’s heart and For more information on how you can leave a legacy pleasemind. This past June, she was one of 10 youth contact Kim Lester, Manager, Donor Relations,who graduated from grade 8 at Lutherwood, and is now klester@lutherwood.ca or 519-884-1470.TAX FRIENDLY WHY IS YOUR WILLLEGISLATION IMPORTANT The LEAVE A LEGACY™ goal of advancing philanthropy is Your Will or testament guarantees that your property andsupported by federal government legislation. By implementing assets will be regulated according to your desires. Without alegislation that allows Canadians to claim donations and other Will, there is no mechanism in place to make a bequest. Herebenefits in their taxes, the federal government encourages are some steps you should take to ensure that your wishesan increase of gifts to charities from individuals and are granted:corporations. Statistics Canada reports that, in 2010, 23% of 1. Make a detailed list of your assets (financial, real estate,Canadians filling tax returns claimed a charitable donation. vehicles, jewellery, collectibles, musical instruments, etc.).These claims totaled $8.3 billion. 2. Make a list of organizations or causes you would like to Significant tax incentives make gift planning even more support.attractive, particularly for those gifts left in a Will. By making 3. Set up an appointment with your professional advisor (i.e.it easier to leave a gift, the federal government through its financial analyst, attorney, or planned giving officer) to discussbeneficiary legislation helps to promote the LEAVE A your options. Your professional advisor can help you decideLEGACY™ program message, and allows Canada to continue which option(s) will work best for you and your family.its rich history of 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 | 15
  16. 16. The Exemplary TaxLEGACY IN ACTIONBenefits of RRSPs & RRIFs aming the charity of your choice the become an incomeN partial or full beneficiary of your RRSP or RRIF is one of the most tax effectiveways to leave a legacy. This is because RRSPs of $135,000, if there is $100,000 in RRSP or RRIF income added. The income would be taxed atand RRIFs are among the most highly taxed the highest tax level, inassets in your estate, hence the charitable tax many cases, directingreceipt offsets any taxes owing approximately half theagainst your estate. RRSP or RRIF to At death, RRSPs and RRIFs taxation. A charitableare treated as if they have been receipt can be appliedcashed all at once and are added up to 100% in the year ofto income in the year of death. For death and in addition, can beexample, this could mean that an carried back one year.income of $35,000 in the year of death could 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 | Toronto16 | w w w . e x c h a n g e m a g a z i n e . c o m
  17. 17. Charitable Remainder Trusts Charitable Remainder Trust provides you with income based on the present value of the remainder interestA for life; then, after your lifetime, the assets pass to the charity for charitable work. You receive immediate taxrelief in that a charitable receipt for the remainder of the full determined by the remainder of the fair market value of the assets. The charitable tax receipt is often within a range of 20- 60% of the value of the assets.market value is provided at the time that the trust isestablished. A trust can also be set up to provide income fora surviving spouse or other family member. In that case, the Benefits include:assets would pass to the charity only after both spouses have • a steady income and immediate tax benefitsdied. A charitable remainder trust can be funded with cash, • expert financial managementsecurities or real estate. Charitable remainder trusts are • allows you to make a significant giftirrevocable gifts. The donor is most times entitled to a • avoids probatecharitable receipt at the time that the trust is created, givingtax relief during the donor’s lifetime. The receipt amount is A well-structured charitable legacy well-st tructured c depends on expert planning. s t planning. e Clien nt . Scotia Private Client Group is the leading provider of philanthr g philanthropic donor ropic ® solutions in Canada. Whether it is a Private Foundation, personal fund or Canad da. Private nal helping structure gifts, we have the means and knowledge to help you make a g means h lasting impact for generations to come. To learn more contact: contact: Elizabeth Heald, Director & Head Eli b th H ld Di t irector H d Scotia Private Client Group Clien nt Kitchener-Waterloo, Cambridge, Guelph, and area Kitchener-Waterloo, Guelph, Telephone: 519-74 519-743-4233 43-4233 Toll free: 1-866-24 1-866-240-7340 40-7340 elizabeth.heald@sc elizabeth.heald@scotiaprivateclient.com cotiaprivateclient.com ® Registered Registered trademarks of The Bank of Nova Scotia.TM Trademark of The Bank of Nova Scotia. Sc cotia. Trademark 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
  18. 18. The Amazing Benefits ofLEGACY IN ACTIONLeaving a Gift of Life Insurance ne potential application of life insurance is through full the full value of your payments that can be applied against yourO paid up policies. If you have a fully paid up life insurance policy that has value but is no longer needed, you canrealize a charitable receipt in the fair market value of the policy present taxes. The charity receives the money for its charitable purposes on your death and there is no charitable receipt to your estate.that can be applied for current tax relief. b) If you name the charity as beneficiary and continue to Life insurance can be powerful ally in increasing the amount own the policy, your estate will benefit from the charitableof the value of an estate. Through a series of smaller payments receipt on the value received at death.during your lifetime, you can make a large charitable gift at the A benefit to naming a charity directly on your policy is thatend of life. This is accomplished through the magic of there is no need for the gift to pass through probate. It passesleveraging. outside your estate, thereby saving money in your estate and For new policies or those that are assigned before fully paid, the gift is not subject to contest.tax benefits are available as follows: Life insurance can also be utilized as wealth replacement. a) If you name the charity as beneficiary and irrevocable For instance, you can replace the full value of a gift to charityowner of the policy, you will receive an annual tax receipt for 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 “For me, as both a graduate and a staff member, create a legacy at Waterloo, please contact Waterloo has become a very important part of Sharon McKay-Todd at 519-888-4567, ext. 35413 my life. I’m thrilled to be able to advance the or smckayto@uwaterloo.ca university’s cause. Creating an award, through Planned Giving | Office of Development a gift of life insurance, for students who contend development.uwaterloo.ca/plannedgiving with disabilities while they complete their degrees, is one way I can make a difference in the world.” – Ildikó Dénes (BSc ’98) 672018 | w w w . e x c h a n g e m a g a z i n e . c o m
  19. 19. Pictured Sharon, Jaxon, Jason YOU DON’T NEED TO Giles, Diane Milley and Mya Giles 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 your estate that same value on your would amount to about $8,000 per year over ten years. death. The charitable tax receipt received by your After deducting the 46% tax credit*, the annual net costestate for the value of your charitable gift will reduce tax is indeed $4,300. * This example is built with federal and Ontario tax credits. In thispayable in your estate. In this way you can: make a significant example, the donors’ annual incomes place them in the highest tax bracket.charitable gift; reduce taxes payable in your estate; replacethe amount of your charitable gift to your estate. 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
  20. 20. The Importance ofLEGACY IN ACTIONRelationshipsBY PAUL KNOWLES t’s really all about relationships. The relationship between gifts often lead to sustainable projects bringing solutions forI people and their community. The relationships between charitable and not for profit organizations and the peoplethey serve, the communities they benefit, and donors who 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 individualsbelieve in what those organizations are doing. Without key understand that there is a way forward through a shared visionrelationships, all of the good being done by these crucial for the future generations of our great community.”organizations would come to a dead stop. We asked membersof the publication’s editorial advisory board to share their “The supportive link”insights about relationships. Jesse MacDonald, of Desjardins Financial Security in Kitchener, speaks of achieving“Supporting one another” “harmony”: “Business owners know Lisa Talbot, Executive Director, KidsAbility Foundation, said, that their success rests on the“Numerous charitable organizations in Waterloo Region and acceptance of their products andWellington County are dedicated to improving the lives of ourneighbours, friends and loved ones each and every day. Thismay include providing a ‘hand up’ to a family who has fallen ondifficult financial times, providing supports to an individualdealing with a serious illness, helping a newcomer to settle.We live in a community that supports one another in timesof need. Choosing to leave a legacy to a local charitableorganization will help to ensure that the tradition of caringin our community continues today and for years to come.I can’t think of a better legacy to leave behind for thebenefit of future generations.”“Personal succession plan” Susan St. John, Executive Director of the MS Society,Waterloo District Chapter, reflected on the value of alegacy gift to the givers: “A succession plan is animportant facet of the transition of leadership. A legacygift is simply our personal succession plan, ensuring thatour values and ideals are implanted firmly in the communityin which our children and grandchildren will thrive. Athoughtfully directed legacy gift will help create a communitywhere people understand the future is only as secure as thetomorrows of its most frail and marginalized citizen.”“Shared vision for future generations” Dipali Batabyal is Development Officer, Family Campaignand Special Projects, Office of Development and AlumniAffairs, University of Waterloo. She sees legacy gifts as key tocommunity development: “Legacy gifts can be substantialdonations that have significant tax benefits to the individual’sestate while helping to mobilize community initiatives. Legacy Pictured from left Susan St. John, Darren Sweeney,20 | w w w . e x c h a n g e m a g a z i n e . c o m Lisa Talbot and Gillian Flanagan
  21. 21. services by their community. Community development creates “Investment in your community”the supports for those in our community who need assistance Sharon McKay-Todd, Associate Director, Planned Giving atnot available from their families and neighborhoods. In many the University of Waterloo, points out, “Giving and planning cases philanthropy provides the supportive link for tomorrow is an investment in your community. Leaving a between entrepreneurs and legacy to support a charitable organization significantly professionals who are not contributes to its sustainability and strengthens the fiber of physically able to be on our community. Recipients who receive benefits are inspired the front lines to help out where they see a need. by the generosity of others. Those same individuals are very The business community likely to support that or similar organizations in the future. You knows that a healthy, don’t have to possess wealth to invest in future generations. vibrant community is A bequest for most people is an opportunity to leave a the backbone of their significant gift through their will that might not have been future success and possible in their lifetime and to benefit charities they feel are growth. Community making an impact on our quality of life.” agencies help the less able participate in “A lasting legacy” making our communities Gillian Flanagan, Development Officer at KidsAbility, stated: more resilient and inclusive. What a strong “As we live in a time of unstable government funding, legacy and natural partnership giving provides an alternate structure of sustainability for our these groups make to integral community service organizations, such as KidsAbility. balance needs and efficient Legacy giving truly is a win-win situation both for donors and delivery of services.” community organizations, as it provides a secure future for community organizations and, simultaneously, enables donors Pictured, from left, Dipali Batabyal, and Sharon McKay-Todd 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
  22. 22. 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 YALZHEIMER SOCIETY OF KITCHENER-WATERLOO HOUSE OF FRIENDSHIP Debra McGonegal, dmcgonegal@alzheimerkw.com Christine Rier, christiner@houseoffriendship.org 831 Frederick St Kitchener N2B 2B4 519-742-1422 x15 51 Charles St E Kitchener N2G 4R3 519-742-8327 www.alzheimerkw.com www.houseoffriendship.orgBIG BROTHERS BIG SISTERS OF WATERLOO REGION INDEPENDENT LIVING CENTRE WATERLOO REGION Colleen Hicks, colleen.hicks@bbbswr.org Andrew Posen, andrew@ilcwr.org 7-150 Pinebush Rd Cambridge N1R 8J8 519-624-7655 x210 127 Victoria St S Kitchener N2G 2B4 519-571-6788 x7425 www.bbbswr.org www.ilcwr.org CAMBRIDGE & NORTH DUMFRIES KIDSABILITY FOUNDATION COMMUNITY FOUNDATION 500 Hallmark Dr Waterloo N2K 3P5 The Community Foundation is available www.kidsability.ca to anyone who would like to give something back to the community, and Gillian Flanagan, gflanagan@kidsability.ca at the same time, create a legacy to 519-886-8886 x1350 support the causes they care about. Lisa Talbot, ltalbot@kidsability.ca Donations are pooled into an ever- 519-886-8886 x1201 growing, permanent endowment andonly the earnings generated through its investments are distributedas grants according to the donor’s direction. Donors can be confident KITCHENER PUBLIC LIBRARYthat a gift to the Community Foundation is a gift that will give forever. You are the author of your legacy. Jane Neath, foundation@in.on.ca Please include Kitchener Public 135 Thompson Drive, Unit 7, Cambridge, ON N1T 2E4 519.624.8972 Library in your story. The countless (phone) 519.624.4032 (fax) www.cambridgefoundation.org ways KPL enriches the community are priceless, but that doesnt mean they dont come at a cost. As aCANADIAN COUNCIL OF CHRISTIAN CHARITIES beneficiary of our services, you know that a legacy gift to your public 1-43 Howard Ave Elmira N3B 2C9 519-669-5137 library will be used to enhance the opportunities afforded to the www.cccc.org next generation. Leaving your mark on this community is easy, and we can help. Working with our Development Manager, and your Wayne Kroeker, wayne.kroeker@cccc.org financial advisor, planning your legacy will be easy and rewarding. Paul Dickson, Paul.Dickson@kpl.org Milly Siderius, milly.siderius@cccc.org Kitchener Public Library, 85 Queen St N, Kitchener, ON, campaign@kpl.org 519-743-0271 x278 www.kpl.orgCOMMUNITY OF CHRIST Ken McGowan, mcgowankj@rogers.com KITCHENER-WATERLOO SYMPHONY 519-265-5349 www.cofchrist.org 36 King St W Kitchener N2G 1A3 519-745-4711 www.kwsymphony.caCOMPASSION CANADA Jana Gordon, jgordon@kwsymphony.on.ca June Dryer, jdryer@compassion.ca PO Box 5591 London N6A 5G8 519-476-2386 www.compassion.ca Paul Pedersen, ppedersen@kwsymphony.on.caCONRAD GREBEL UNIVERSITY COLLEGE KITCHENER-WATERLOO ART Fred Martin, fwmartin@uwaterloo.ca GALLERY (KW|AG) 140 Westmount Rd N Waterloo N2L 3G6 519-885-0220 x24381 The Gallery’s mission is connecting www.grebel.uwaterloo.ca people and ideas through art. For more than 50 years, KW|AG hasDOG GUIDES CANADA presented, promoted and preserved the visual arts heritage of our region. Proud caretakers of a permanent collection of approximately Heather Fowler, hfowler@dogguides.com 4,000 works, the Gallery’s dynamic programming serve all ages and 152 Wilson Ave Oakville L6K 3H1 519 648-3307 x222 interests. Free admission ensures equal access for all. The Gallerys www.dogguides.com Endowment Fund is locally managed, and an additional endowment fund is held at the Ontario Arts Foundation.GRAND RIVER HOSPITAL FOUNDATION Caroline Oliver, coliver@kwag.on.ca Jane Jamieson, jane.jamieson@grhosp.on.ca 101 Queen St N Kitchener N2H 6P8 519-579-5860 x218 Box 9056, 835 King St W Kitchener N2G 1G3 519-749-4300 www.kwag.ca x2504 www.grhf.org LUTHERAN FOUNDATION CANADAGRAND RIVER CONSERVATION AUTHORITY FOUNDATION Alfred Feth, afeth@lcceastdistrict.ca Logan Walsh, lwalsh@grandriver.ca 275 Lawrence Ave Kitchener N2M 1Y3 519-528-6500 x2218 400 Clyde Rd, Box 729 Cambridge N1R 5W6 519-621-2763 www.lutheranfoundation.ca www.grandriver.ca LUTHERWOOD CHILD ANDHAMILTON CONSERVATION FOUNDATION FAMILY FOUNDATION Joan Bell, jbell@conservationhamilton.ca Kim Lester, Manager, Donor Box 81067, 838 Mineral Springs Rd Ancaster L9G 4X1 Relations, klester@lutherwood.ca 905-525-2181 www.conservationhamilton.ca 285 Benjamin Road Waterloo, ON N2J 3Z4 519-884-1470 www.lutherwood.ca22 | w w w . e x c h a n g e m a g a z i n e . c o m