A Legacy of Giving - Bequest by Will

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, or you may choose to add a bequest to your current fund.
• 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 receipt for estate tax purposes.
• The Foundation issues grants in the name of your fund (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. The fund then makes grants addressing community needs. Your gift is a permanent source of charitable capital, helping to do good work forever. We are also open to limited-term endowments.

More Benefits

Making a bequest to the Community Foundation of Ottawa 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. You may also choose to make a gift of a life insurance policy or RRSP/RRIF directly for further tax benefits.

For samples of will text, or for more information on ways to give, please contact Bibi Patel at the Community Foundation of Ottawa at bpatel@cfo-fco.ca / 613-236-1616 ext. 226.