Your legacy gift will make an incredible difference as we strive to support the unique services that only Misericordia offers to Manitobans. From the Eye Care Centre of Excellence to Health Links-Info Santé, your support today – and in the future – will make a tremendous impact on the lives of residents, patients, and all those who walk through Misericordia’s doors.
Legacy gifts have no immediate costs, allowing you to retain control of your assets during your lifetime. Below you can find information on two of the most common types of legacy gifts. Please don’t hesitate to reach out to us if you require additional information.
Legacy gifts have no immediate costs, allowing you to retain control of your assets during your lifetime. Below you can find information on two of the most common types of legacy gifts. Please don’t hesitate to reach out to us if you require additional information.
BEQUESTS
A bequest made in your will can be directed to an area of your choice, or left unrestricted allowing Misericordia Health Centre Foundation to direct it to the area of greatest need. Your estate will receive a tax receipt for the amount of your gift, which can greatly reduce taxes owing on your estate.
INFORMATION FOR YOU AND YOUR LAWYER:
Legal name: Misericordia Health Centre Foundation Inc.
CRA Registration: #119042174RR0001
Address: 99 Cornish Avenue | Winnipeg, MB | R3C 1A2
Suggested wording for a residual gift:
“My estate trustees shall pay _____% of the residue of my estate to Misericordia Health Centre Foundation Inc., Winnipeg, MB, for the purpose of supporting the highest priority needs as determined by the Foundation in consultation with the Health Centre.”
Suggested wording for a gift of a specific dollar amount:
“My estate trustees shall pay the sum of $______ (or transfer assets with an equal value) to Misericordia Health Centre Foundation, Winnipeg, MB, for the purpose of supporting the highest priority needs as determined by the Foundation in consultation with the Health Centre.”
LIFE INSURANCE
Not only can life insurance help ensure a family’s financial security after a death, it can be used as part of a financial plan to accomplish a legacy gift, while preserving the value of your estate for your family.
There are three common options available: donation of an existing policy, purchase of a new policy, or designating Misericordia Health Centre Foundation as the beneficiary of an existing policy.
Donated life insurance policies are eligible for charitable tax receipts based on the fair market value of the policy. Tax receipts are also issued for ongoing premium payments on donated policies.
A bequest made in your will can be directed to an area of your choice, or left unrestricted allowing Misericordia Health Centre Foundation to direct it to the area of greatest need. Your estate will receive a tax receipt for the amount of your gift, which can greatly reduce taxes owing on your estate.
INFORMATION FOR YOU AND YOUR LAWYER:
Legal name: Misericordia Health Centre Foundation Inc.
CRA Registration: #119042174RR0001
Address: 99 Cornish Avenue | Winnipeg, MB | R3C 1A2
Suggested wording for a residual gift:
“My estate trustees shall pay _____% of the residue of my estate to Misericordia Health Centre Foundation Inc., Winnipeg, MB, for the purpose of supporting the highest priority needs as determined by the Foundation in consultation with the Health Centre.”
Suggested wording for a gift of a specific dollar amount:
“My estate trustees shall pay the sum of $______ (or transfer assets with an equal value) to Misericordia Health Centre Foundation, Winnipeg, MB, for the purpose of supporting the highest priority needs as determined by the Foundation in consultation with the Health Centre.”
LIFE INSURANCE
Not only can life insurance help ensure a family’s financial security after a death, it can be used as part of a financial plan to accomplish a legacy gift, while preserving the value of your estate for your family.
There are three common options available: donation of an existing policy, purchase of a new policy, or designating Misericordia Health Centre Foundation as the beneficiary of an existing policy.
Donated life insurance policies are eligible for charitable tax receipts based on the fair market value of the policy. Tax receipts are also issued for ongoing premium payments on donated policies.
There is no minimum amount required for a legacy gift, and you never have to disclose the amount if you choose not to. However, if you have chosen to include Misericordia Health Centre Foundation in your will, please do let us know – we would love the opportunity to recognize you in a meaningful way.
Planning a legacy gift is a significant way to show your belief in a strong health-care system that provides innovative and compassionate care to all Manitobans. Your generous support will help MHC deliver the Future of Care as we continuously evolve to serve the needs of our community.
Thank you.
Planning a legacy gift is a significant way to show your belief in a strong health-care system that provides innovative and compassionate care to all Manitobans. Your generous support will help MHC deliver the Future of Care as we continuously evolve to serve the needs of our community.
Thank you.
If you would like a copy of the information on this webpage to bring with you to discuss with your lawyer or financial planner, please feel free to download and print this document.
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