Page 3 - Wellspring Legacy Giving Society News
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MESSAGE FROM THE CEO
Donations to
HOW DOES THIS PLAY OUT IN REAL LIFE?
Wellspring Help
A 40-year-old woman, in good
health, whose husband was People Live Better
supported by Wellspring, would
like to leave a gift of $125,000 to
Wellspring in her will. With Cancer
Canadian Cancer Statistics released sobering
statistics in November, which estimated that
over 239,000 Canadians were expected to
She purchases a life-insurance
policy with a face value of be diagnosed with cancer in 2023. Numbers
$125,000 and pays an annual are expected to rise again this year, meaning
premium of $2,206 for 20 years. more Canadian’s will be needing non-medical
cancer support services. That’s where
Wellspring fits in.
2024 is set to change the game for Wellspring.
With a dedicated and mission-led team of staff
Upon her passing, Wellspring and volunteers finding new and innovative
receives $125,000. The gift only ways to increase our support, we are
cost her $44,120 — that doesn’t transforming our digital platform, expanding
take into account the tax benefits our reach to serve underserved communities,
of making a charitable donation. developing inclusive programming for the
2SLGBTQIA+ community, and creating strong
partnerships with trusted organizations,
including the RxFood app and Horizon Health
Network in New Brunswick.
That’s the power of planned giving
using life insurance. Our work is only made possible through the
generosity of YOU—our amazing donors.
Thanks to you, Wellspring can expand in ways
that benefit people living with cancer and
those that care for and love them.
Q What if I don’t qualify to buy a Legacy giving is just one part of this. When
new life-insurance policy? you choose to leave a lasting legacy towards
Wellspring, you are choosing to help people to
Consider donating all or a portion of an live better with cancer for years to come.
existing life-insurance policy to Wellspring.
Using this strategy, you will receive a tax Thank you for your continued support of
receipt during your lifetime based on the Wellspring.
fair market value of the policy.
Sincerely,
“With proper planning of Christina Smith
your estate, your donation CEO
will help people living with
cancer for years to come.”
