Keeping Us in the Loop

There are always people in Canada who demonstrate, during their lifetime and beyond, their tremendous loyalty and generosity to various Canadian charities. It is their sense of confidence from the preceding years of knowing that their favorite charities are here for the long-haul; that 25 or 50 years in the future, their charities will still be here, financially supporting their specific cause, through the generosity, from you – the loyal supporters.

Every couple of weeks when I open the mail, I receive an envelope from a lawyer or executor, from somewhere in British Columbia, Alberta or Saskatchewan, indicating that Covenant House Vancouver is the beneficiary of a legacy or bequest in the Will of a generous donor who has recently passed away.

It gives me a wonderful feeling of anticipation of how many more homeless youth Covenant House will be able to help, by this person’s planning for the future in their Will.

Most of the time, our charity name is spelled correctly and is not mixed up with other charities. Their legacy to us is usually a percentage or share of the estate after other beneficiaries are listed, and usually it is noted that it be used by Covenant House for the priorities that we have at that moment.

That is to say, it is not designated to a specific program or piece of equipment, because who knows what the priorities may be 30 to 40 years in the future. However, sometimes the wording is wrong, our charity name is incorrect and long delays can result with lawyers and executors in determining what you, the donor, really meant.

There are always people in Canada who demonstrate, during their lifetime and beyond, their tremendous loyalty and generosity to various Canadian charities. It is their sense of confidence from the preceding years of knowing that their favorite charities are here for the long-haul; that 25 or 50 years in the future, their charities will still be here, financially supporting their specific cause, through the generosity, from you – the loyal supporters.

Every couple of weeks when I open the mail, I receive an envelope from a lawyer or executor, from somewhere in British Columbia, Alberta or Saskatchewan, indicating that Covenant House Vancouver is the beneficiary of a legacy or bequest in the Will of a generous donor who has recently passed away.

It gives me a wonderful feeling of anticipation of how many more homeless youth Covenant House will be able to help, by this person’s planning for the future in their Will.

Most of the time, our charity name is spelled correctly and is not mixed up with other charities. Their legacy to us is usually a percentage or share of the estate after other beneficiaries are listed, and usually it is noted that it be used by Covenant House for the priorities that we have at that moment.

That is to say, it is not designated to a specific program or piece of equipment, because who knows what the priorities may be 30 to 40 years in the future. However, sometimes the wording is wrong, our charity name is incorrect and long delays can result with lawyers and executors in determining what you, the donor, really meant.

So, it is a good idea for you to advise us that you are making a charitable legacy in your Will. We don’t need to know the size of your gift, only the confirmation that you plan to support us through a bequest. This way, we can ensure that you have our name shown correctly and that your legacy gift in the future will go to the right place, the right people and the right mission, just the way you intended it to be.

Don’t worry. Your information is kept private and confidential. All you have to do is ‘keep us in the loop’.

With special thanks to Gift Planning in Canada and Peter Chipman.

If you need any further information please contact Crystal Montecalvo at 604-639-8934 or by e-mail at cmontecalvo@covenanthousebc.org.