Diana Hill-Stringer Memorial Fund

It is with great sadness that we announce the passing of our dear colleague Diana Hill-Stringer. Diana was a passionate leader who served as our Director of Home Support Services for more than 12 years. She was instrumental in guiding our Home Support team through significant growth during this time, and led many initiatives to improve our services to those in need. Diana was always a strong advocate for our clients and our staff and truly loved her job. Our thoughts and prayers are with her husband Brad and her family.  
 
If you would like to make a donation in memory of Diana, we have created the Diana Hill-Stringer Memorial Fund. All of the proceeds will go to directly support our clients, per Diana’s wishes. 

To make a donation, you may send a cheque payable to GVCSS at  
#500 - 1212 West Broadway, Vancouver, BC,  V6H 3V1,or follow the link below which will lead to the Canada Helps website.  

Click here to donate online and select the Diana Hill Memorial Fund.

If you would like to speak to someone directly about your donation, please contact Fund Development and Communications Officer Laura Johnson at 778.877.5304 or email ljohnson@gvcss.bc.ca

How to Leave a Legacy with a Planned Gift

A Planned Gift is an excellent way to help the Greater Vancouver Community Services Society care for the elderly, people with disabilities and those who require support to retain or regain their health and independence. A planned gift gives you the opportunity to leave a lasting legacy within the context of sound financial and estate planning.

Planned giving can and often does result in significant tax advantages for the donor. 

The most common form of planned gift is a bequest. Other forms include gifts of securities and life insurance.

Bequests: How to designate GVCSS in your will

To include a gift to Greater Vancouver Community Services Society in your will, record our full legal name (Greater Vancouver Community Services Society),our charitable registration number (BN:119281681RR0001) and choose one of the following sample clauses which you can share with your legal advisor.

Although your lawyer will review the terms of your will, we suggest the follow wording depending on the type of bequest you wish to make:

Suggested wording for an unrestricted specific bequest:

I give the sum of ___________ (insert a specific sum) to Greater Vancouver Community Services Society for its general purposes as the Society sees fit.

Standard wording for unrestricted residual bequest:

I give____ % of the residue of my estate to Greater Vancouver Community Services Society for its general purposes as the Society sees fit.

For further information about making a Planned Gift, contact GVCSS's Chief Financial Officer Sam Davison by phone (604-714-3503) or email.

Standard wording for endowment residual bequest:

I give ____ % of the residue of my estate to Greater Vancouver Community Services Society to establish a named Endowment Fund.

How to donate Securities (Stocks, Bonds and Mutual Funds)

Donors can make a gift of a publicly-traded security, including shares mutual funds and options.

The advantage to the donor is that there are significant tax savings associated with this type of gift.

To speak with someone personally and confidentially, contact GVCSS's Chief Financial Officer Sam Davison by phone (604-714-3503) or email.

How to Give Through Life Insurance

A gift of life insurance is an excellent way to provide a legacy gift to GVCSS.

By giving through life insurance you can:

• Make a substantial gift for a relatively small premium.
• Become a major benefactor immediately, rather than waiting years to make your gift from accumulated assets.
• Gain present and future tax benefits and guarantee the value of your gift will not be reduced by taxes, probate or administrative costs.
• Make a significant gift that is considered independent of your estate, and therefore cannot be challenged.

Life Insurance Options:

Option #1:Transfer ownership of an existing, fully-paid policy. If you have a fully paid up policy that is no longer required to meet your family’s financial needs, you can transfer ownership to GVCSS and name it the beneficiary. You will receive a donation receipt for the cash surrender value immediately, just as if you made a cash donation.

Option #2: Sign over a partially-paid policy. When you transfer ownership of a policy that is partially paid and name GVCSS as beneficiary, you will receive a tax receipt for the cash surrender value. You will also receive a tax receipt for your payments of the annual premiums.

Option #3: Purchase a new policy and make GVCSS the owner. When you make GVCSS the owner and beneficiary of a policy, you are entitled to tax receipts for premium payments.

Option #4: Make GVCSS the beneficiary of your policy without transferring ownership. The proceeds of the policy will be paid to GVCSS immediately upon your death. Your estate will receive a charitable tax deduction for the amount of the insurance policy.

We welcome the opportunity to discuss life insurance as a gift planning tool with you. To speak with someone personally and confidentially, contact GVCSS's Chief Financial Officer Sam Davison by phone (604.714.3503) or email.