You can be an important part of the Foundation’s next century of doing good in the world by giving to Rotary Club of Windsor Foundation Fund. Your gift will be carefully managed to provide capital and investment earnings for our many programs. Consider making a commitment to improve lives by leaving a personal legacy with Rotary Club of Windsor Foundation Fund.

 

A legacy gift is a gift for the future.  Planning to leave a Legacy gift in your will is one of the most thoughtful ways to help others and leave a lasting impact on your community.  There are many kins of Legacy Gifts as outlined below.  These deferred gifts are most often arranged when you are preparing your Will or updating your financial plans.  The following information is general in nature.  We encourage you to seek legal and financial advice to ensure your specific wishes are carried out, and you or your estate enjoy the tax benefits of your generosity.  

 

Making a specific gift to Rotary Club of Windsor Foundation Fund can be done through your Will, or can be done by writing an amendment called a Codicil to your existing Will.  Either a specific amount or a percentage of the Estate can be indicated.

 

Insurance policies provide an easy way to make a significant future gift.  You can have Rotary Club of Windsor Foundation Fund designated as policy holder and beneficiary of an existing or new policy.  You will receive a tax receipt for the cash surrender value (if any) of the policy and further annual tax receipts on future payment of premiums.  Alternatively, you may simply name the Foundation as the beneficiary of your insurance policy, and at the end of your lifetime, the proceeds are received by the Foundation and a donation receipt is issued to your estate. 

 

Charitable Gift Annuities allow you to make a contribution to Rotary Club of Windsor Foundation Fund and in exchange, you receive guaranteed lifetime annuity income.  Gift annuities allow the Foundation to realize an immediate source of new funds and you receive a charitable donation receipt and a guaranteed flow of fixed lifetime payments at a favourable tax rate.  Depending on your age, this income will be partially tax-free or even fully tax-free.

 

With Charitable Remainder Trusts, assets (cash, securities or real estate) are transferred to an irrevocable trust with a trustee to manage the assets.  You receive the income generated by the assets in trust, according to the terms set out at the time the trust is established and the capital remains intact.  On termination of the trust (usually at death), Rotary Club of Windsor Foundation Fund receives the remaining assets.  The advantage of this type of gift is that you receive an immediate tax credit for your future donation.

 

An Endowment is a fund which is kept in perpetuity to provide interest and dividend earnings for the benefit of Rotary Club of Windsor Foundation Fund.  Gifts of $10,000 or more can be identified as a Named Endowment Gift that will honour you or your loved one while providing a source of income.  You can designate the income produced by investing the endowment to support the Foundation.

 

You may wish to consider giving the gift of property such as retirement accounts, real estate, publicly-traded stocks.  RRSP and RRIF Plans can also indicate Rotary Club of Windsor Foundation Fund as a beneficiary. 

 

The Rotary Club of Windsor Foundation Fund operates primarily with volunteers, and for many selected projects we are able to devote 100% of a donation to that project.