Why legacy gifts matter
Planned giving is a solution to giving now
The Mount Royal experience transforms our students into the engaged citizens and community leaders of tomorrow. Our supporters' commitments are essential in sustaining Mount Royal's academic promise to our students — provide the best in teaching and learning so that our diverse students have the education, skills and mindset to be successful within their studies, their communities and throughout their lives.
There is no doubt we have all been impacted by the economic downturn. You can still continue your philanthropic contributions without immediate out-of-pocket expenses.
These contributions are a deeply personal testament and acknowledgement of what is important to you — your commitment to, and personal belief in, advancing education and making it accessible to all aspiring students. The people who benefit from your gift may never know you personally, but the profound impact of your gift will last in perpetuity.
Mount Royal needs supporters like you to help us uphold our commitment to expand our programming, provide more financial support through scholarships and bursaries, and create the exceptional undergraduate educational experience that we promise.
Your contribution offers benefits for Mount Royal’s future generation of students and your estate. Creating a planned gift or bequest for Mount Royal entitles you to a charitable income receipt or estate tax deductions, enabling you to leave a lasting legacy at Mount Royal, all while still providing for yourself and your loved ones — costing you nothing during your lifetime.
In your will, there are only three possible beneficiaries:
What your gift can look like
After taking care of your family and friends, you may choose to set up scholarships and bursaries, contribute to specialized facilities, including buildings, classrooms, labs and study spaces or simply areas of greatest need. Bequests can be made in a number of ways like cash, a gift in-kind such as a home or cottage, publicly traded securities or the remainder of your registered retirement fund. You can choose to gift either a specific amount or a percentage or fraction of your estate after all other legacies have been paid.
Charitable bequests, in the form of marketable securities in your estate, are one tax-efficient method of making a bequest because the capital gain realized on the securities is reduced to zero.
Leaving a legacy and bequests to Mount Royal
Although the students who will benefit from your generosity may never know you personally — or you them — the profound impact you will make on their lives is both priceless and eternal. If you have already made a gift in your will, we invite you to share your intentions with us.
A gift in your will is an acknowledgement of what is important to you. It is an opportunity to demonstrate your belief in a Mount Royal education while providing future generations with the means to secure an education.
Anyone can leave a gift in will or a bequest to Mount Royal, regardless of age or income. All you truly need is foresight and willingness to help others, and a belief in education. There are several ways you can leave your gift, including:
- Bequests and Gifts in Wills
- Gifts of Securities
- Life Insurance Policies
- Real Estate
- RRSPs and/or RRIFs
We strongly encourage you to speak with a financial advisor who can assist you in making the right decisions for you. That way, you can ensure that your bequest reflects your philanthropic wishes and includes Mount Royal University.
Join the Legacy Challengers
Investing in education is an investment in our community — giving students access to the educational resources they need to be successful today in their studies and throughout their lives. Legacy Challengers are people like you who have chosen to support students by making a gift in their will to Mount Royal University.
To help future generations of students overcome the financial challenges of balancing school, family and work, Tom and Charlotte Fredericks made a gift in their wills to Mount Royal University. Their contributions will give single parents the financial support to pursue an education and build a better life for their families. Now, Tom and Charlotte are challenging others to make a gift that will have a lasting impact on Mount Royal students.
“Being a Legacy Challenger is about looking forward and choosing to affect other people's lives in a positive way. It is about making a commitment now and not waiting until the last minute to make your wishes known.”
Tom and Charlotte Federicks, Legacy Challengers
- Leave a Legacy
- Canada Revenue Agency’s Giving to Charity: Information for Donors
- The Law Society of Alberta
- Canadian Donor’s Guide
To learn how you can make a difference in unlocking the potential in all of our students, please contact:
Senior Development Officer and Planned Giving Manager
Mount Royal University
Please note: The information provided here is of a general nature and is not intended to constitute advice to any particular person. Please consult your financial and/or legal advisor before arranging a gift in your will. Mount Royal University will keep all requests for information confidential. A request for information does not obligate the requestor to make a planned gift to Mount Royal University.