Planned Giving

Leaving a legacy gift is a powerful gift that will impact generations of students and contribute to the successful future of the University of Regina. These gifts fund students, scholars and researchers in many ways, including research projects, teaching or research chairs, student travel, library resources, facilities, educational equipment, bursaries, awards, and scholarships.

When making or revising your will, consider how your bequest can provide a lasting legacy of your support for your university, the University of Regina. At the same time, you can enjoy the satisfaction of knowing that the gift you have provided is vital for future support of students, faculty, facilities, or programs throughout the University of Regina.

We are committed to helping you, your family, executors and/or financial planners meet your financial and philanthropic goals, and help you navigate the process.

Bequests

A charitable bequest to the University of Regina is made through your will and distributed through your estate. A Charitable bequest can be designated for a specific purpose and can be a specific dollar amount, a specific asset, or a percentage or remainder of your estate.

Life Insurance

A gift of life insurance can be an affordable way to make a real difference. A modest annual premium, paid over time, can result in a significant future legacy.

Immediate tax benefits:

• If you purchase a new policy: by making the University the owner and beneficiary of the policy, you receive immediate tax-creditable receipts for any premiums paid. You then continue to pay the premiums and receive a charitable tax receipt for those payments. This designation cannot be changed.
• If you transfer an existing policy: by making the University the owner and beneficiary of the policy, you receive an immediate tax-creditable receipt for the policy’s market value. Any continued premium payments also qualify for a charitable tax receipt.

Deferred tax advantages:

• When you name the University as the beneficiary of the policy (but not as the owner of the policy), your estate is entitled to a tax-creditable receipt. The gift remains outside the estate and is not subject to probate fees.

Registered Plans

It’s easy to donate the proceeds of your Registered Retirement Savings Plans (RRSPs) and Registered Retirement Income Funds (RRIFs) or Tax Free Savings Account (TFSA) to the University of Regina. Simply change the beneficiary information on the plan document and advise the institution holding your retirement account of the change.

This deferred donation is one of the most advantageous because, when plan assets are directly designated they are not included in your estate and are not subject to probate fees. Your estate will receive a tax credit.

Please consult your income tax, financial, and/or legal advisors before arranging a legacy gift.