Leave a Legacy of Care

simplest and most common ways to leave a legacy. It allows you to continue supporting Prince County Hospital after you are gone, without affecting your current financial situation.

• Your gift can be a specific amount, a percentage of your estate, or the residue of your estate after other provisions are made.
• Bequests can be designated for a specific purpose or can be unrestricted to support the area of greatest need at the time the gift is received, ensuring maximum impact.
• Gifts can take the form of cash, property, or securities.
• Your estate may receive a significant charitable tax credit for the full value of your bequest.

To make a gift through your Will, please share the following sample clause with your legal advisor. They can ensure it aligns perfectly with your overall estate plan.

"I _______________________ bequeath $__________ (a specific amount, or ______ % of the residue of my estate) to the PCH Foundation with the capital and income therefrom to be used at the discretion of the Board, provided, however, that all funds are used for the benefit of Prince County Hospital."

We strongly recommend consulting with your legal and financial advisors to ensure your Will accurately reflects your wishes and provides the most benefit to your estate and the PCH Foundation.

Donating publicly traded securities like stocks, bonds, or mutual funds is a tax-effective way to support the PCH Foundation and make a significant impact.

• When you donate eligible securities directly to the Foundation, the capital gains tax that would normally apply is eliminated.
• You will receive a charitable tax receipt for the full market value of the securities at the time of transfer.
• This can be a more tax-efficient way to give compared to selling the securities and donating the cash proceeds.

To make a gift of securities:

1. Instruct your financial advisor to transfer the securities to the PCH Foundation's brokerage account. You will likely need to use our Charitable Gift of Securities form. 
2. Please notify the PCH Foundation of your intention to transfer securities before the transfer takes place. This allows us to track the gift, ensure a smooth process, issue your tax receipt promptly, and thank you for your incredible support!

Using life insurance is another flexible way to make a substantial future gift to the PCH Foundation, often with immediate tax benefits.

• Transfer Ownership of an Existing Policy: If you have a policy you no longer need, you can transfer ownership to the PCH Foundation. You will receive a tax receipt for the current cash surrender value.
• Purchase a New Policy: You can purchase a new policy naming the PCH Foundation as the owner and beneficiary. You will receive tax receipts for all future premium payments you make.
• Name PCH Foundation as Beneficiary: You can name the PCH Foundation as a beneficiary of an existing or new policy. While this doesn't provide immediate tax benefits, your estate will receive a tax receipt for the death benefit received by the Foundation.

Life insurance is a powerful tool to leverage smaller payments now into a significant gift in the future.

An endowment is a special type of gift where the principal amount is invested, and only the income earned from the investment is used by the Foundation each year. This ensures your gift supports Prince County Hospital year after year, in perpetuity.

• Endowments create a permanent source of funding for the hospital.
• They can be established to support a specific area or remain unrestricted.
• Establishing an endowment is suitable for larger gifts ($10,000 +) and is a wonderful way to create a named fund in honour or memory of a loved one.

When you inform the PCH Foundation that you have included us in your future plans through a Will or other form of planned gift, you are invited to join our special group of committed supporters: The Visionary Society.

• • Joining the Visionary Society allows us to thank you for your incredible foresight and generosity during your lifetime.
• • It provides an opportunity for us to understand your intentions and ensure your future gift will be used according to your wishes (if specified).
• • Your decision to join is not legally binding and can remain confidential if you prefer, but it gives us the chance to acknowledge your profound commitment.
• • Please let us know about your intentions by filling out our Visionary Pledge Form or by contacting us directly. We would be honoured to welcome you.