Gifts of Bequests
Giving a bequest gift in your will allows you to make a significant charitable contribution to Grandview Kids, which may not be possible to make during your lifetime. Remembering Grandview Kids in your will is an act that is generous, powerful, and surprisingly simple. It allows you to leave a more significant gift than would be possible during your lifetime while still retaining control of your assets.
A bequest can make a real difference to Grandview kids and their families. Including Grandview Children’s Foundation in your will is vital to protect the financial stability of Grandview Kids and help ensure there are adequate funds to help kids live life to their full potential.
Benefits for you
1. Reduced taxes
Grandview Children’s Foundation will issue an official receipt for the full value of the will bequest. This receipt can then be used to reduce the tax payable on your final return.
2. Flexible and Revocable
A charitable gift can be made for any amount and is revocable at any time should your financial situation change.
3. Leave a lasting legacy
Your charitable gift will leave a lasting legacy for you, your family or anyone you wish to honour.
Types of Bequests
Pecuniary Bequest
Grandview Children’s Foundation will issue an official receipt for the full value of the will bequest. This receipt can then be used to reduce the tax payable on your final return.
Specific Bequest
A charitable gift can be made for any amount and is revocable at any time should your financial situation change.
Residuary Bequest
Your charitable gift will leave a lasting legacy for you, your family or anyone you wish to honour.
Contigent Bequest
A gift in a will made on the condition of a certain event that may or may not happen. A contingent bequest is specific and fails if the condition is not met.
