If you or a loved one has benefited from our care, a gift in your will to St. Paul’s Hospital Foundation of Vancouver is an effective way to create a lasting legacy of caring that will live on to support future generations.
Benefits of gift in will
- Leave a long-term legacy on patient care, research and medical teaching at St. Paul’s.
- Make a gift without affecting your current finances.
- Create tax benefits for your heirs.
Types of gifts in will
Your gift in will can take one of the following forms:
- Setting aside a certain dollar amount.
- Designating a percentage of the residue of your estate (the remainder of the estate once all designated gifts have been made and administrative expenses and taxes have been paid).
- Bequeathing a specific piece of property like a home, securities (for instance, stocks or mutual funds) or other financial asset.
Once you decide what form your gift will take, you simply need to prepare a will or codicil and include a phrase about your intention to make a gift.
How to refer to St. Paul’s Hospital Foundation in your will or codicil
- Charitable tax number: 11925 7939 RR0001
- Legal Name: St. Paul’s Hospital Foundation of Vancouver
Bequest of a specific value
“I give to St. Paul’s Hospital Foundation of Vancouver the sum of $______ from my estate to be used for the greatest needs of the hospital.”
“I give to St. Paul’s Hospital Foundation of Vancouver ______% of the residue of my estate to be used for the greatest needs of the hospital.”
“I give to St. Paul’s Hospital Foundation of Vancouver ______% of the residue of my estate to be designated for______________________.”
*Note: It is recommended that if you wish to designate your gift to a specific department or project at St. Paul’s Hospital that you:
- Include the paragraph below (Power to vary clause) in your will.
- Discuss the wording of your gift with the Manager of Planned Giving (604 806-8271) so that your intention can be assured.
Power to vary clause
“If in the opinion of the Board of Directors of St. Paul’s Hospital Foundation of Vancouver, it should become impossible, inadvisable, or impractical to use this gift for the specified purposes indicated in my Will, then the Board may in their discretion use the gift to the best advantage of St. Paul’s Hospital, keeping in mind my original wishes.”