Leave your mark behind through a gift in your will
Your legacy is not only tied to how you live your life, but also to the lasting impact your life makes on others.
A gift in your will can be the promise of a future of exceptional healthcare. It can create a lasting impact on the health of your community--simply by planning ahead.
A planned gift provides Grand River Hospital with future funding – allowing us to respond to needs and provide patients with the world-class care they need and deserve.
There are several ways to leave a legacy gift to the hospital.
- Leave a specific dollar amount or portion of your estate
- Name Grand River Hospital Foundation as a beneficiary of your life insurance
- Designated Grand River Hospital Foundation s the beneficiary of your RRSP/RRIF or other pension plan
What Type of Planned Gift is Right for You?
Gift in your will
Leaving a gift in your will is easier than you might think. It’s the most popular and easiest way to make a future gift. It has no effect on your current income and significantly reduces the taxes payable by your estate. Your gift can be a specific amount, stocks or securities, or a percentage of your estate.
You can designate GRH Foundation as a beneficiary or co-beneficiary on an existing life insurance policy and your estate will receive a tax credit. Or transfer ownership of an existing life insurance policy over to us and receive a tax receipt for your annual premiums.
Retirement Plans (RRSPS/RRIFs)
You can designate GRH Foundation as a beneficiary or co-beneficiary on your residual RRSPs and your estate will receive a tax credit. This is an excellent way to reduce taxes on your estate.
Be sure to speak to your financial advisor and discuss your charitable intentions with loved ones. Once you have settled on the best path to move forward, contact your lawyer to update your will.
Ready now? We’re here to help.
Thank you for considering leaving a future gift in support of our hospitals. We are here to help with any planned giving questions you may have and would be delighted to work with you to ensure you have all of the information you need and your questions are answered.
Below you will find a link to download sample will wording to help get you started. Our team is happy to work with you to ensure your gift supports the program of your choice and your wishes are fulfilled.
Have you left a gift already?
If you have already included us in your will – thank you! We would like to know so we can thank you and ensure your gift is recognized the way you would like it to be.
When you leave a gift to GRH Foundation through a bequest, life insurance policy, trust or other estate plan, you can become a member in our Care Forward community.
Benefits of membership:
Members of Care Forward enjoy special benefits that bring them closer to the excellent health care they make possible:
- Welcome package
- Invitation to our Care Forward Luncheon and Induction Ceremony
- Listing on our Donor Recognition Wall (with your permission)
- Annual Care Forward newsletter
Our Care Forward community is incredibly special to our organization and we want to make sure that our donors know how grateful we are for their gift.