20 MB - University of Toronto Magazine

YES, YOUR BEQUESTCAN CHANGE PEOPLE’S LIVES.Right now, chemical engineering at U of T is doing award-winning research intobiological degradation in groundwater, while nanotechnology is targeting canceranswers to the world’s tough questions than any other Canadian university. Yourbequest, whatever the size, helps make that happen.A bequest is a gift in your will, which you can donate to the University in general or designateto a particular faculty, college, program or other area of interest. It’s also a tax-smart way toa tax receipt for the amount donated, which can then offset taxes owing on your death. If youappreciated publicly listed securities, which come with tax advantages of their own.We’re here to help too, of course. The gift-planning experts at U of T would be pleased to talkwith you about setting up a bequest. They can even provide sample wording to ensure your gift canbe used as you intended. This is especially useful when establishing awards or making larger gifts.WHAT ONE DONOR AND ONE RECIPIENT HAD TO SAY.“I wanted to make sure that future students have the same opportunity I had to help– Margaret Reid, donor (BA 1940, BSc 1949)– Ron, a PhD candidate in mathematics