Bayshore's Healthy Tomorrows is a region-wide radio campaign to encourage everyone to leave a legacy to their local hospital through a gift in their Will (or other legacy gift) - and to raise public awareness about legacy giving. Healthy Tomorrows runs during April/May and August/September. Hospitals from Goderich to Orillia benefit from donated spot advertising and talk shows focussed on legacy giving, the work of local hospitals and their supporting foundations.
Bayshore Broadcasting is proud to be the exclusive sponsor of the campaign.
Headquartered in Owen Sound, Bayshore Broadcasting Corporation is an independent broadcaster operating six radio stations in Grey, Bruce, Simcoe and Huron counties in southern Ontario.
Just a few Words in Your Will Can Ensure Healthy Tomorrows for Future Generations in Grey Bruce.
What is a Charitable Bequest?
A bequest or gift by Will is the simplest and most popular way of making a legacy gift to the Owen Sound Regional Hospital Foundation. It is a convenient and effective way for you to leave a lasting legacy or honour the memory of a loved one. A bequest also ensures our health care professionals are able to provide the best care to their patients for generations to come.
Bequest gifts support the purchase of medical and diagnostic equipment as well as facility upgrades at the Owen Sound Regional Hospital.
What are the Benefits?
Convenient - Can be made no matter how old you are and in any amount you want.
Easy to arrange - Instruct your lawyer to include a bequest to the Foundation in your Will.
Cost-effective - No extra out-of-pocket costs. Your present income will not decrease.
Tax Relief - a highly effective way to reduce Estate taxes. The Foundation will issue a charitable
tax receipt for the full value of your bequest. This receipt will be used to reduce the tax payable
on your final tax return. If your bequest exceeds 100% of your net income, the excess may be
carried back to the previous tax year.
Flexible - Can be for a specific amount, a percentage of your Estate, or the residue of your
Estate (a gift after your debts, taxes and specific legacies have been paid).
Control - Retain use of all your assets for the duration of your lifetime.
Peace of Mind- Make changes to your Will at any time.
How Do I Make a Bequest?
Making a bequest is simple. If you have already prepared your Will, your lawyer can easily add a supplementary clause detailing your gift intentions to your present Will, at modest cost.
If you have not yet prepared a Will, we recommend you do so! This is an important “first step” to ensure that your intentions for your Estate are documented and that your loved ones will be properly cared for.
You may make a specific bequest, which means that you designate a specified amount to the Foundation; or you may make a residual bequest, which means that you designate all or a percentage of the remaining portion of the Estate to the Foundation after specific legacies, debts, taxes, and administrative expenses have been paid. You may also choose to direct your gift to an area of interest at the hospital such as Women & Childcare, Diagnostic Services or staff education & training.
Language for Your Will
The following are examples of language you might consider for leaving a bequest to the Foundation:
Unrestricted Use - Specific Bequest
To pay to the Owen Sound Regional Hospital Foundation, the sum of $........ to be used
for such purposes for the benefit of the Foundation as its Board of Directors may from time to
time determine.
Precatory:
To pay to the Owen Sound Regional Hospital Foundation, the sum of $........ Without
imposing any restrictions upon this bequest, it is my wish that it be used
for....................................... under the direction of the Board of Directors of the
Foundation.
Restricted Use:
To pay to the Owen Sound Regional Hospital Foundation, the sum of $............ to be used
for................................................................ (e.g. the purchase of medical equipment,
the support of staff education and training).
Unrestricted Use - Residual Bequest:
To pay or transfer to the Owen Sound Regional Hospital Foundation, the whole of the residue
(or a percentage of the residue) of my estate to be used for such purposes for the benefit of
the Foundation as its Board of Directors may from time to time determine.
Restricted Use - Gift of Tangible Property:
To transfer and deliver to the Owen Sound Regional Hospital Foundation, 1,000 shares
of Bell Canada Enterprises (BCE) in kind to be used for ......................................... (e.g. the
purchase of medical equipment, the support of staff education and training).
The legal name of the Foundation is Owen Sound Regional Hospital Foundation. Our charitable number is BN 124052507 RR0001.
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To request additional information or personal assistance with planning your bequest gift to the Owen Sound Regional Hospital Foundation, please contact Development Officer, Willard VanderPloeg at (519) 372-3925 or via .