Becoming a Legacy Builder

Below are some brief descriptions on some of the ways to participate and become a Legacy Builder.

Bequests

A charitable bequest refers to a disposition in a will to a charity of a particular amount of money, specific property, or a percentage of the estate.

Donors are invited to provide Ronald McDonald House^® Southern Alberta information about their bequests.

Life Insurance

A donor may make a gift of life insurance to Ronald McDonald House^® Southern Alberta by:

• Irrevocably assigning a paid-up life insurance policy to the organization;
• irrevocably assigning a life insurance policy to the organization on which premiums remain to be paid; or,
• naming the organization as the primary or successor beneficiary of the proceeds of a policy.

Gifts of Residual Interest

A residual interest gift is an arrangement under which property is deeded to Ronald McDonald House^® Southern Alberta, but the donor retains use of the property for life or a specific period of time.

A common residual interest gift is when a donor gives a residual interest gift in a principal residence and continues living there.

Charitable Remainder Trusts

A Charitable Remainder Trust is a form of Residual Interest Gift. The donor (settlor) transfers property to a trust where it is held and managed for a set period of time.

Gifts of Real Estate

Gifts of real estate may be made in various ways.

Reinsured Gift Annuity

Gift of Securities

Gifts of Shares in Privately Owned Companies and other Business Interests

* When a donor wishes to remain anonymous, Ronald McDonald House^® Southern Alberta will ensure such wishes are respected.