Planned Giving

A planned gift is a gift for the future that allows you to make a more substantial contribution to charity than you might have thought. It is arranged now, but realized at a later date. Please contact our Executive Director, Stacy Elia if you wish to further discuss a gift to the Grimsby Benevolent Fund at (905) 309 5664 ext. 33.

TAX EFFECTIVE WAYS TO GIVE

WAYS YOU CAN GIVE

Cash, cheque or credit card
Gift of Life Insurance (Make the Grimsby Benevolent Fund the owner of a policy and continue to pay your premiums)
Gifts from your estate (Include a bequest in your will. Our full legal name is Grimsby Benevolent Fund)
SAMPLE WORDING FOR WILLS

Specific Cash Bequest:

I direct my Executor to transfer a gift to the Grimsby Benevolent Fund the sum of $____________ or %________ of my estate, to be used for such purposes in connection with the work of the Grimsby Benevolent Fund as its Board of Directors may from time to time determine.

Residual Bequest:

I direct my Executor to transfer as a gift to the Grimsby Benevolent Fund the residue of my estate or a specific portion of the residue to be used for such purposes in connection with the work of the Grimsby Benevolent Fund as its Board of Directors may from time to time determine.

Power to Vary Clause:

This clause empowers a charity to vary the purpose for which a gift is used if circumstances make it impossible or impracticable to carry out the original wishes or purposes of the donor. It is recommended that this clause be used whenever a restricted or designated gift is made.

All planned giving decisions should be made in consultation with family members and with the assistance of legal, tax, and other financial planning professionals.

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The cornerstone of client services at GBF is the provision…

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Upon registering with GBF Community Services, clients…

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There are times where individuals will experience…

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Purpose of the Store The store benefits the community…

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