Leave a Legacy

“We make a living by what we get, but we make a life by what we give.” - Winston Churchill.

Through your donations, the community programs and services offered by the United Way have a tremendous impact across PEI. Since 1962, we’ve been helping your family, friends and neighbours by investing in social, community and health programs that make a lasting difference in the lives of Islanders. You can create a lasting legacy and make sure that these programs and services will be there for those who need them year after year.

In this section you’ll find answers to the most common questions about leaving a legacy, including the importance of thoughtful, well-planned, tax-preferred gifts. A gift of any size has the ability to change your community for the better. 

We are happy to work with you, your family and your advisors on a confidential basis to ensure all your objectives are met based on your personal priorities. If you would like to discuss a gifting option, please email inquiries@peiunitedway.com or call (902) 894-8202 or toll-free at 1-877-902-4438.

Our Charitable Status Information
Legal Name: United Way of Prince Edward Island
Charitable Registration Number (CRN): BN119278356 RR 0001
Address: 180 Kent Street, 2nd Floor, P.O. Box 247, Charlottetown, PE, C1A 7K4

Wills & Bequests

A bequest through a will is simple and straightforward. By including the United Way of Prince Edward Island in your will, you can create a lasting legacy to perpetuate your tradition of annual gifts to support your community. Gifts of a specific cash amount or asset or a percentage of the remaining estate are popular bequest choices. Your estate receives a donation receipt for the value of your gift, providing a tax credit to reduce tax otherwise payable on your final tax return.

Please click here to view sample will clauses to be used for discussion purposes with your lawyer or notary in preparation of your will. Unless otherwise directed by the donors, the United Way of PEI places all gifts received by bequests where it is needed the most.

Gifts of Life Insurance

Life insurance, whether fully paid or with premiums still owing, is a popular and easy way to make a significant future gift at an affordable current cost. Naming United Way of Prince Edward Island as the owner and beneficiary of an existing or new policy entitles you to a current donation receipt on the cash surrender value (if any), and further receipts on payment of subsequent premiums.

An alternative is to simply name United Way of Prince Edward Island as beneficiary, and your estate will receive tax benefits.

Gifts of Real Estate and Personal Property

You can donate properties such as personal residences, vacation homes, jewelry or shares in privately held corporations to United Way of Prince Edward Island.

These can be an outright gift or a gift of residual interest. Both types of gift have unique tax advantages. As an example, you may decide to transfer your residence to United Way of Prince Edward Island now, but continue to use it during your lifetime.

Gifts of RRSPs, RRIFs, TFSAs, and Retirement Plans

You can transform tax liabilities into a charitable gift by simply naming United Way of Prince Edward Island as the beneficiary of your RRSP, RRIF, TFSA or pension plan. This arrangement also means that no probate fees are payable on these assets.

Charitable Remainder Trusts

You can make a significant future gift by transferring assets into an irrevocable trust. Under the terms of the trust you can continue to enjoy the income of these assets for your lifetime or a specific duration. United Way of Prince Edward Island will receive the remaining assets upon your passing.

You will also receive an immediate tax credit as a result of a donation receipt issued on set-up of the trust. The donation receipt represents the present value of the remainder trust to be received by United Way at a future time.

Donor Advised Funds

Donor advised (preventative services) funds are individual “named” funds established to facilitate gifts to be held for a longer term to ensure increased, permanent funding is available for preventative programs and services.

Through an agreement with United Way, you can make a substantial irrevocable gift – usually cash or securities – to establish a capital base that is then invested with United Way of Prince Edward Island’s investment manager. You receive a donation receipt for this initial gift.

Distributions from the fund are then made on an annual basis according to United Way’s established policies and our agreement with you. The United Way programs that these distributions fund can be set out in the original agreement, through annual consultations, or can be unspecified and used for general United Way purposes.

A donor advised fund can allow continued donor input into the distribution of their gift, including distribution of all or a portion of the capital base at a future date.

Legacy Giving FAQs

How do I leave a gift to United Way of Prince Edward Island?
It’s easy and flexible with several giving options. The most common type of planned giving is a charitable gift through a Bequest in a Will. Gifts of a specific cash amount or asset or a percentage of the remaining estate are popular bequest choices. You can leave a fully paid life insurance policy, securities, a retirement account or other financial investments. Some donors also give through property, including real estate, jewelry or art.

What name do I include in my Will to make a bequest to United Way of Prince Edward Island?
The legal name you should include in your Will to make a bequest is United Way of Prince Edward Island.

What is United Way of Prince Edward Island’s Charitable Business Number?
119278356 RR 0001

Must I have an estate in order to leave a planned gift?
Everyone can leave a gift in an amount that they deem appropriate. “Estate” is simply a word used to describe everything that you own at the time of your passing.

Do I have to include my wish to leave a gift to United Way of Prince Edward Island in my will?
A charitable bequest will not take effect unless you state your intention in your Will. A well-prepared, up-to-date Will is one of the best ways you can make your wishes known so that your legacy is exactly what you want it to be.

Is making a will expensive and time consuming?
Making a will doesn’t have to be complicated or expensive. It usually takes less time than most people think and can usually be completed in one or two short meetings. While there are sometimes reasons to make a more complicated will, contact a notary or solicitor and ask for their estimations.

Do I tell United Way of Prince Edward Island that I’ve left a gift and the specifics?
No, you don’t have to disclose any details about your bequest. However, it would help us greatly in planning for the future programs and in recognizing your generosity. If you choose to inform us of your plans, it is not binding in any way.

Can I leave a legacy to fund a specific program?
Community needs change from time to time. For the United Way of Prince Edward Island to have the flexibility to focus on the greatest needs of the community, we encourage you to leave an undesignated gift. However, you can always direct your caring gift to a specific area or project or to United Way of Prince Edward Island’s highest priority needs. We are available to provide you with appropriate bequest wording to help ensure your gift is used as you wish and directed to the fund or area you have chosen to support.

Can the United Way of Prince Edward Island help me arrange for a gift?
While we will do everything we can to assist you in creating a legacy gift for the United Way of Prince Edward Island, we cannot offer legal advice or financial planning. A professional advisor, like a financial or estate planner, lawyer, accountant, trust officer or insurance agent, is able to assist you in leaving a gift.

Is my gift tax deductible?
Yes, gifts are eligible for tax credits or tax deductions. However, tax benefits will depend on several factors: the type of gift, the timing, outright or deferred, or has any income payments. Professional advisors can direct you and help to ensure you realize your philanthropic goal while enjoying the maximum tax and legal benefits.

If I create a bequest, will United Way of Prince Edward Island ask me for annual contributions?
Yes, as the commitments address two different needs. Through your annual gift, United Way of Prince Edward Island is able to help vulnerable children, youth and seniors in immediate need. However, to allow United Way of Prince Edward Island the ability to meet future challenges and opportunities, your planned gift is significant. It will allow us to help the most vulnerable members of our communities for the generations to come.

"The United Way funding helps our members to; be less shy, make new friends, and become more active. It is important for Islanders to continue supporting the United Way as it allows organizations such as ours to help kids realize their full potential."

- Christina, Boys & Girls Club of Charlottetown

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Behind every changed life is someone like you who made it happen. All donations to the United Way of PEI stay on PEI to help Islanders.

Contact

Charitable Registration No. BN119278356 RR 0001

For all general inquiries, please contact:
United Way of Prince Edward Island
180 Kent Street, 2nd Floor
PO Box 247
Charlottetown, PEI
C1A 7K4

Toll Free: 1-877-902-4438
Phone: 902-894-8202
Fax: 902-894-9643

Office Hours: Monday - Friday, 8:00AM - 4:00PM

Donor Privacy Policy

The United Way of PEI is committed to protecting the privacy of our donors, volunteers, employees and other stakeholders. We value your trust, and we recognize that maintaining this trust requires us to be transparent and accountable in safeguarding the confidentiality of the personal information that you choose to share with us.

The United Way of PEI embraces the principles of the Personal Information Protection Act to ensure that all personal information is properly collected, used only for the purposes for which it is collected, and is disposed of in a safe and timely manner when no longer...

Complete policy information