Making a legacy gift is a wonderful way to support Brescia for decades to come. No
matter the size, your gift will help the women leaders of tomorrow with opportunities
to be transformative, purposeful and empower.
Making a Bequest
Why give through your estate?
One of the most important choices you can make during your lifetime is the impact
you wish to make through your Will. After taking care of the people closest to you
– family or friends – you may wish to leave a gift through your Will, known as a bequest
to support a charitable organization. A bequest allows you to defer your gift which
gives you the opportunity to provide a significant gift without impacting your existing
finances or lifestyle.
Why choose a charity for a bequest?
You might select an organization that had a significant impact on your life achievements,
or through which you can help someone else or advance a cause that has deep personal
meaning. Or, you may hold several causes close to your heart and want to remember
more than one of them in your estate plans. There are many personal reasons why you
might choose a charity for a bequest.
What is the most common way to leave a bequest?
The most common way and often the simplest way to leave a gift is through your Will.
A bequest may specify a specific dollar amount, a particular asset or percentage of
the residue of your estate to be donated to Brescia. Our team is available to discuss
other future gift options with you such as life insurance, securities or registered
What are the benefits of making a bequest?
One of the great benefits of making a bequest is that you might be able to provide
a greater level of support to Brescia through your Will than possible during your
lifetime, especially if you need to keep most of your assets available. There are
also tax advantages to making a bequest that benefit your estate.
What if I wish to change my estate plans?
You can modify a gift in your Will at any time. Your always remains in your control
of your Will. It is important, however, to keep your Will up-to-date so that it best
reflects your wishes. This may provide you with peace of mind that everyone and everything
you care about will be looked after.
What areas of Brescia benefit from bequests?
You can designate your bequest to support the area of Brescia closest to your heart.
For some alumnae, this means setting up a scholarship or bursary to help future students
achieve their dreams; for others, this means supporting a particular School or program.
You can establish an endowment through an estate gift to provide long-term support
for Brescia. You can also leave funds to support Brescia’s highest priorities, knowing
your gift will have a great impact on students, faculty and researchers when the time
How would someone go about making a bequest to Brescia?
When considering a bequest, it is important to seek the guidance of qualified financial
and legal advisors. Brescia is available to provide sample language for your Will,
discuss options with you or your representative, and provide support to ensure your
wishes will be followed. We want you to have full confidence in your decision. Brescia’s
students, faculty and staff know that it is a great honour to receive your bequest
and we sincerely value your trust and commitment to Brescia’s future.
Statement of Intent
If you have already made this wonderful commitment, please let us know so we can honour
and celebrate your personal legacy to Brescia.
Statement of Intent Form
Ways to leave a legacy gift
The most common type of planned gift is a bequest, but there are many ways to give.
The Brescia team can help you discover what best suits your needs.
The most common way and often the simplest way to leave a legacy gift is through your
Will. A bequest may specify a specific dollar amount, a particular asset or a percentage
of the residue of your estate that you would like donated to Brescia.
Giving a life insurance policy to Brescia allows you to make a significant, lasting
gift with minimal disturbance to your current savings or income.
By leaving a gift of securities in your Will, you are able to take advantage of generous
tax incentives for gifts of publicly traded securities. There are no capital gain
taxes on gifts of publicly traded securities to public charities. To benefit from
this tax incentive, you would have to transfer the ownership of the securities to
Brescia rather than selling the securities and then donating the proceeds.
RRSPs and RRIFs
Remaining funds in a RRSP and RRIF can be gifted to Brescia by naming Brescia University
College as the beneficiary of the plan. Upon your passing, Brescia will receive the
proceeds and your estate will receive the charitable tax receipt.