Planned giving is a way to support a charity in the future by arranging a donation now, often through estate or financial planning. It includes legacy gifts like bequests in a will, as well as other options such as trusts, annuities, life insurance, and retirement fund donations.

A legacy gift is a type of planned giving that focuses on making a lasting impact, often through estate planning. One common type of legacy gift is a bequest, where someone leaves money or assets to a charity in their will.

A bequest is a type of legacy gift made from your will or estate plans. It will reduce your estate taxes. You can give as much or as little as you want and you can always change your mind. You can name a specific dollar amount or a piece of property, such as a home or securities.

A legacy gift not only provides the resources necessary to sustain Hollyhock’s mission of nurturing inspired leadership through collective and immersive experiences for decades to come, but it also offers you valuable benefits:

Cost-Effective: A legacy gift requires no immediate financial commitment while ensuring a secure future for Hollyhock.

Retain Control: You maintain full control over your assets during your lifetime.

Flexibility: Your plans can be modified if your circumstances change.

Tax Benefits: A bequest is a gift from your estate. It will reduce your estate taxes, providing financial advantages.

Recognition: By sharing your intentions, you’ll be honoured as a member of our Legacy Circle.

There are various ways to include a bequest to Hollyhock in your plans:

Specific Amount: You can specify a dollar amount.
Suggested Wording: “I give to Nextwave Foundation, charitable registration number # 898471115 RR0001, the sum of $_______.”

Percentage of Estate: Leave a percentage of your total estate.
Suggested Wording: “I give to Nextwave Foundation, charitable registration number # 898471115 RR0001, ____ percent of the residue of my estate.”

Residual Gift: Allocate a portion of what remains after providing for your loved ones.
A bequest will reduce your estate taxes.

To ensure your legacy gift is processed correctly, please use our legal name and charitable registration number:

Legal Name: The Nextwave Foundation (DBA Hollyhock)
Address: PO Box 127, Manson’s Landing, BC V0P 1K0
Charitable Registration Number: # 898471115 RR0001