Community Foundation of Ottawa 2008 ANNUAL REPORT Deferred Gifts

DEFERRED GIFTS

We wish to acknowledge donors who have advised the Community Foundation of Ottawa that they are planning to leave a future gift through their estates.

BEQUESTS

Gifts in a will are the most common way that individuals provide for a future gift to the Community Foundation of Ottawa. The Foundation works with many lawyers and notaries to ensure that the wording used in the will is appropriate to carry out the donor's wishes.

INSURANCE

The gift of a life insurance policy can be a convenient way to make a substantial charitable gift for a relatively modest annual cost. Donors can use a paid-up policy they no longer need, or purchase a new policy. Donors may assign ownership of the policy to the Community Foundation of Ottawa for tax savings today, or simply change the policy's beneficiary to defer this benefit to their estate.

Deferred gifts established in 2008 are listed in bold.