BCBusiness

September 2024 – A Clear Vision

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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SPECIAL FEATURE C R E A T E A L E G A C Y T he first step in planning your legacy giving is to decide what legacy you want to leave behind. "Is there a particular cause that was close to your heart? What do you want to be remembered for?" says Craig Hikida, vice president, donor services, Vancouver Foundation. "Remembering your favorite charities in your legacy plan is an act that is generous, powerful and surprisingly simple," says Kim Findlay, BC director of development at The Salvation Army. "Legacy gifts provide vital, stable support for our work and whether your estate is large or small, you can make a difference for so many men, women and children in our communities for years to come." Because legacy gifts can be of various sizes and invested to fulfill or contribute to a long-term giv- ing strategy, they are often used to fund specific, ongoing programs. "Legacy gifts are vital to the tremendous advancements we have seen over the years in kidney care," says Ramya Hosak, director of philanthropy with the Kidney Foundation, BC & Yukon Branch. Some examples include prediction and prevention of kidney disease, developing and improving of dialysis treatment, so kidney patients can dialyse at home, and breakthroughs in life-saving organ transplantation and success. "Legacy gifts will be key to even more discoveries in the years to come," she says. "We have the power to relieve the burden of kidney disease, but it's only possible with donors' help." CHOOSING A BENEFICIARY When choosing a charity, think of organizations that may have supported you or your family in the past. "Leaving a legacy gift to an organization that has benefitted your family is a wonderful way to ensure the organization of your choice can carry out its mission for many years to come," says Greta Shuting Lin, manager, individual giving, Family Services of Greater Vancouver. "People should also think about the services they want their loved ones and neighbours to have access to in a moment of crisis—like counselling, community connection, or literacy and life skills workshops—the things that make life a little easier in a stressful world." Mike Leland, vice-president, engagement & philanthropy, Easter Seals BC/Yukon, recommends " Remembering your favorite charities in your legacy plan is an act that is generous, powerful and surprisingly simple. Legacy gifts provide vital, stable support for our work and whether your estate is large or small, you can make a difference for so many men, women and children in our communities for years to come. " –KIM FINDLAY, BC director of development, The Salvation Army SALVATION ARMY

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