How to Donate:

Donors may donate cash, goods with cash value, stocks, bonds, and virtually anything that can be converted to cash for the endowment fund. Donations may be made directly to the Sylvan Lake Seniors Association from which you will receive a charitable tax receipt or to the Sylvan Lake Seniors Association Endowment Fund on the Community Foundation of Central Alberta website: https//rddcf.ca. In the latter case, a tax receipt will be issued by CFCAB.

Become a SLSA Supporter:

• Make a single cash donation, a monthly contribution, or pledge an annual donation.

• Donate something with cash value and benefit from a tax deduction for that donation.

• Make a donation in kind by volunteering your time to assist in the development and promotion of the endowment fund project.

• Promote our endowment fund to friends and relatives and ask them to consider in­cluding the Sylvan Lake Seniors Association endowment fund in the annual charita­ble donations.

Become a Member of Our Legacy Club

Those who have benefitted from the presence of the Senior Association in Sylvan Lake and who would like to see it continue to serve seniors can recognize the Sylvan Lake Seniors Association with a tax-deductible bequest in their wills. Those who do and who make the bequest known to the Association will become members of our Legacy Club of donors.

click for direction for gift of securities form

Preparing Your Will: Bequest* Options

 Your will is an excellent way to make a charitable contribution to an organization you respect. Bequests can be in the form of cash, securities, real estate, tangible personal property or other assets and can minimize taxes after you’re gone.

Specific Bequest

Sylvan Lake Seniors Association Endowment Fund would receive a specific amount, a percentage of your estate, or all, or a portion of, what is left after you have made gifts to your family and loved ones.

Residuary Bequest

Sylvan Lake Seniors Association Endowment Fund would receive a percentage of all of the remainder of your estate after other specific bequests have been paid out. The actual value would be sensitive to any change in the value of your estate between the date you make your will and the date of your death.

Contingent Bequest

Sylvan Lake Seniors Association Endowment Fund would receive a share of all of your estate only if other beneficiaries have passed away by the time bequests to them would be made.

Other items you can bequeath

 • property(ies)                                 • art

 • vehicle(s)                                        • stock options

 • cash                                                  • mutual funds                                 

 • life insurance policies                 • jewellery                         

 • RRSPs, RESPs                                 • family heirlooms                          

* Bequests are gifts that are made as part of a will or trust. A bequest can be to a person, or it can be a charitable bequest to a nonprofit organization.

 

 

Writing a Bequest

Here is some suggested wording to provide for a charity, such as Sylvan Lake Seniors Association Endowment Fund, in your will. Be sure to provide this information with the exact spelling and charitable registration number to your legal counsel. Similar wording would be used to designate others you would like to provide for in your will.

Specific Financial Bequest

 I hereby give, devise and bequeath the sum of _________ ($) or transfer assets with equal value to Sylvan Lake Seniors Association Endowment Fund (Charitable Registration #).

Percentage Bequest

 I hereby give, devise and bequeath __________ (%) to Sylvan Lake Seniors Association Endowment Fund (Charitable Registration #).

 Residual Bequest

 I hereby give, devise and bequeath __________ (all or %) of the residue of my estate to Sylvan Lake Seniors Association Endowment Fund (Charitable Registration #).

Specific Other Items Bequest

 I hereby give, devise and bequeath ____________ to Sylvan Lake Seniors Association Endowment Fund (Charitable Registration #).

 In making changes to or when drafting a new will, you should consult with your own legal advisor. It is the lawyer’s/notary’s responsibility according to your province of residence to write the actual words. Note: You should consult your charity of choice to ensure that they are properly named in your will and to make sure your bequest can be used in the way you intend.