Leave a Legacy

Thinking about what the future holds? Let's talk about your legacy. 

Your legacy can help deliver excellent health care, to the thousands of Durham residents who turn to Lakeridge Health here in Whitby and Oshawa. We understand that it has taken you a lifetime to build your family, your home, and your community, upon the values that make you who you are. At Lakeridge Health Foundation, we believe you should take as much care in deciding how to share your assets as you did in building them.

Planned giving allows you to make a financial contribution that you may not be able to currently give. By reflecting on your personal philanthropic goals, including tax considerations and family needs, you can determine the best way to leave your legacy.

There are many options for you to leave your legacy, including:

• RSP, RIF, Tax Free Savings Account

• Endowment Funds: a restricted fund investmented through Lakeridge Health Foundation in perpetuity as a reliable and ongoing commitment to local health care. 

• Donating Stocks 

• Your Will​

  • ​Sample Bequest Language

• Life Insurance

Key information you might need for your planning:
Legal Name: Lakeridge Health Foundation
Mailing Address: 1 Hospital Court, Room 116, Oshawa, ON L1G 2B9
Charitable registration #:   11924 9126 RR0001

Including  Lakeridge Health Foundation in your Will

A gift in your Will to Lakeridge Health Foundation will help advance local health care and improve the resources available to your family, friends, and neighbours. We’d be happy to speak with you to answer your questions and to help you decide on a way to give that works best for you and your family. 

Who can leave a gift in their Will?
Anyone can leave a gift in their Will.  Leaving a gift in your Will provides you with a unique tax advantage, while extending your legacy of caring about your community beyond this lifetime.  Your future gift will help our Hospitals care for the growing population of Durham Region – everyone who relies on having exceptional health care, close to home.

How do I provide for my loved ones and support a charity?
You can do both! You can make a lasting impact while ensuring your loved ones are taken care of financially through a residual gift. After all debts, taxes, administrative expenses and specific bequests have been paid, what is left over (the residual) can be donated to Lakeridge Health Foundation. Your support will impact local health care for generations to come by funding state-of-the-art equipment and resources for our Hospitals.

What other types of gifts can I leave in my Will?
There are many options for you to leave your legacy, including:

• RSP, RIF, Tax Free Savings Account

• Endowment Funds: a restricted fund investment through Lakeridge Health Foundation, held in perpetuity to provide an ongoing commitment to local health care. 

• Donating Stocks 

• Life Insurance

For more information about these options, please contact Steve MacDonald.

What if I already have a Will?
If you already have a Will, you can simply ask your lawyer about making a codicil to include a gift to Lakeridge Health Foundation.  This option may eliminate the need to re-write your Will in its entirety.  For more information, please contact Steve MacDonald.

Why should I inform Lakeridge Health Foundation that I've left a gift in my Will?
We are committed to ensuring that we honour the intentions of your gift and acknowledging your generosity during your lifetime. It would be our pleasure to get to know you and say thank you.  As part of this, we would provide you examples of the impact donor support is having on patient care in our Hospitals right now, which would give you a strong indication of the impact your future gift will have on our community.
 
We are committed to working with you and your family to ensure your philanthropic goals with Lakeridge Health Foundation are met. When you are ready to learn more, please contact Steve MacDonald.