For more than 34 years, we’ve been educating, supporting, nourishing and inspiring people making the world better. Leaving a gift in your will help ensure that Hollyhock exists for generations of change-makers to come.
To include a gift to Hollyhock in your will, please follow these three simple steps.
1. Include our full name and charity number in your giving details.
- Nextwave Foundation
- Charitable Number #898471115RR0001
2. Share the following clause with your legal advisor to include in your will.
I give ________________________ [insert gift details: a portion or all of the residue of the estate or a specific sum] to Nextwave Foundation, charitable registration number #898471115RR0001.
3. Please advise us of your intentions and the contact information of your lawyer and/or accountants.
We strongly advise you to consult a lawyer and/or financial advisor to determine which options are best for you and your family, and to maximize the tax advantages of your gift.
If you are interested in making the next step in planning your legacy gift to Hollyhock, or if you have already arranged your legacy gift, please contact Penny Naldrett, Development Associate at firstname.lastname@example.org or 604-803-4400.
The Nextwave Foundation holds the title to the Hollyhock Land- 44 acres that encompasses the Hollyhock campus. The purpose of the foundation is to fund, facilitate, promote and carry out research and activities to assist and enhance the protection of the environment, the provision of assistance to poor and disenfranchised persons, and the support of education, social welfare, health and both visual and performing arts within Canada.
FAQs About Making a Gift Through Your Will
- Specific Bequest: You designate a specific dollar amount or piece of property, such as real estate, stocks, bonds or works of art.
- Residual Bequest: You donate all or a portion of your estate to the beneficiary after all your debts, taxes, expenses and other bequests have been paid.
- Contingent Bequest: Your gift takes effect only if the primary intention cannot be met (e.g. if the primary and alternate beneficiaries do not survive the donor).
- Deferred Bequest: Your gift takes effect after your loved ones no longer need the support of the income from your estate.
Your legal advisor can prepare a simple document, called a codicil, that adds a new bequest while reaffirming the other terms of your will. Your will does not need to be rewritten.
This information is general in nature and is not legal or tax advice, and we encourage you to work with your legal advisor to ensure the details of your gift reflect your needs.