Why leave a gift in your Will?
A gift in your Will to Cuso is an undeniable commitment to reducing poverty and empowering people. Your generosity will be vital in creating a planet that is equitable and sustainable for each and every person, especially women and girls. This level of impact doesn’t happen in a day. It happens over a lifetime.
This is an unprecedented time in our collective experience, and we know that our donors and the people who care deeply about our mission are intensely impacted by the global pandemic, as are our volunteers, our staff, our partners and the people we serve around the world. Donors have been reaching out to discuss their own personal values as expressed through a future gift in their Will and we are so thankful for this expression of generosity and action.
The joy of learning, and of giving back
Growing up in Winnipeg in the 1950s, Ann Speak remembers being intrigued by the broader world that would filter into her prairie life.
“In the wintertime I would go to bed with my transistor radio, moving the dial around and hearing different languages,” Ann explains. “I didn’t understand anything, but I remember thinking, ‘Wow, there is a whole world out there speaking in different languages.’ That inspired me and made me really curious.”
Her interest in learning more about other cultures led her to Cuso International, where she accepted a two-year placement in Nigeria. It was a life-changing experience that shifted her perspective of the world and how she wanted to live in it.
“As a volunteer, you’re always learning something new, you’re exploring, and it’s very humbling because of course you’re always making mistakes,” says Ann. “It changes you forever. You come home, and you see people differently.”
Over the years, she has spoken to many Cuso volunteers and says they often told her the same thing about their experiences – that they learned more during their placements than they felt they had to offer.
“Even though their job was to deliver a certain skill set, really what they got out of it far outweighed what they possibly thought they could have left behind.”
Ann felt it was a natural progression for her to give back to Cuso through a gift in her estate. But, even though she has worked in fundraising much of her life and has heard many wonderful stories from donors, she didn’t expect the immense joy she felt after making that decision.
“I was just so happy. It gave me great joy,” Ann says. “Offering a gift to a place that has meant so much to me – it really made me happy.”
Ways to leave a legacy
A residual gift fulfills all other commitments of your estate (such as gifts to loved ones) first. Then, the remainder is given to Cuso.
If you wish to amend an existing Will to include Cuso International, here is sample codicil language you can consider in consultation with your financial planner: “I give to Cuso International one hundred per cent (100%) of the rest, residue and remainder of my estate for its general purposes.”
This allows you to divide your estate into equal portions, with a specific portion as a charitable gift. This way, Cuso can be treated like an additional family member in your estate plans.
If you wish to amend an existing Will to include Cuso International, here is sample codicil language you can consider in consultation with your financial planner: “I give to Cuso International ___ per cent of the value of my estate to be used for its general purposes.”
A fixed amount allows you to give a specific dollar amount. This is a good option for those who feel confident in their estate’s ability to meet all their priorities and commitments.
If you wish to amend an existing Will to include Cuso International, here is sample codicil language you can consider in consultation with your financial planner: “I give to Cuso International the sum of $____ to be used for its general purposes.”
Life insurance is an asset you may not think of donating until you hear how simple and powerful it can be for both the people we support and for your estate. A gift of life insurance is an affordable way to make a real difference.
Ways to donate life insurance:
- Transfer ownership of a paid-up policy with Cuso International named as beneficiary. You can receive a current charitable tax receipt for fair market value of the policy or defer the tax receipt to your estate.
- Transfer ownership of a partially paid-up policy with Cuso International named as beneficiary. You will receive a charitable tax receipt for fair market value of the policy and an annual tax receipt for your on-going premium payments.
- Take out a new policy with Cuso International as owner and beneficiary, and receive an annual charitable tax receipt for on-going premium payments.
- Assign Cuso International as the beneficiary of your individual or workplace policy. Your estate will receive a charitable tax receipt.
Sample language and charitable number
I deliver, pay or transfer the sum of $_____ (___% share of the estate) to Cuso International currently located at 44 Eccles Street, Suite 200, Ottawa, ON K1R 6S4, for its general purposes. The receipt of an appropriate officer of Cuso International shall be a sufficient discharge of my Trustees.
Charitable number #81111 6813 RR0001
We are here to support you every step of the way
If a legacy of strong communities, healthy families and stable livelihoods is something that speaks to you, connect with us today. Please contact Laurie Buske toll-free at 1.888.434.2876 ext. 263 or by email at firstname.lastname@example.org.
Legal Name: Cuso International
Charitable Registration Number (CAN): 81111 6813 RR0001
Charitable Registration Number (USA): EIN 30-0545486