What
is
LEAVE A LEGACY™?
LEAVE A LEGACY™ is a community-based effort to encourage people from all
walks of life to make gifts from their estates to the non-profit
organizations of their choice.
LEAVE A LEGACY™ is an initiative of the Waterloo-Wellington
Roundtable of the Canadian Association of Gift Planners in
partnership with non-profit organization, sponsors and allied
professionals in our region.
Why
is the
LEAVE A LEGACY™ initiative important to Waterloo-Wellington?
As
governments cut back on funding, charitable non-profit organizations
are forced to look for ongoing funding from other sources. In the years ahead, experts expect a trillion dollars to
change hands from one generation to the next.
The potential for increased philanthropy to benefit
communities like Waterloo-Wellington is enormous.
It is up to this grassroots campaign to show people how they
can leave a legacy to benefit future generations.
Don’t
most people already know they can leave a gift to charity in their
will?
Apparently
not. Only about 7% of
Canadians leave a gift to charity in their will compared to 62% of
Canadians who support charities during their lifetime.
Why? The public
is generally unfamiliar with this type of philanthropy and the many
tax incentives. Many believe they can not afford to give a gift to charity,
they feel it is only something the rich can do, gifts of all sizes
are important, and non-profit organizations are deeply grateful for
them. Many smaller
non-profit organizations do not have the staff to contact and
educate their donors regarding this type of giving.
Many donors do not know how or where to get help in order to
establish a gift.
How
will
LEAVE A LEGACY™ promote planned giving in Waterloo-Wellington?
Planned activities include:
