A Legacy Gift is one that allows you to arrange now for a donation that in most cases will be received by the Foundation of St. Joseph Seminary and Newman Theological College (the “Foundation”), the St. Joseph Priests’ Foundation of Edmonton and/or the Catholic Archdiocese of Edmonton upon death.
Legacy gifts make a clear statement about the importance of faith in the life of the benefactor, while at the same time providing vital support for priestly formation and theological education, our retired and disabled priests, or other initiatives of the Archdiocese.
Many legacy gifts are arranged through estate plans. It is not only the rich who have an estate. An estate is defined as “the assets and liabilities left by a person at death”. So we are all estate owners!
Download our Estate Planning Guide for Catholics (PDF, 36 pages)
The most common ways to make planned gifts are:
- Through gifts in your will
- By designating the Foundation or the Archdiocese of Edmonton as owner and/or beneficiary of a life insurance policy
- Through a trust whereby assets pass to the Foundation or the Archdiocese of Edmonton after your death (called a Charitable Remainder Trust
- Donations of publicly traded securities, real estate and other assets
- Through named endowment funds.
Bequests can be unrestricted or designated for a specific purpose. By making it known to us that you have included the Foundation or the Archdiocese of Edmonton in your will/estate plan, you become eligible for membership in the Archbishop Joseph MacNeil Society, an honorary recognition program.
Legacies of Faith newsletters feature information on the following gift types:
- Issue 4 – Publicly Traded Securities
- Issue 3 – Bequests
- Issue 2 – Endowment Funds
- Issue 1 – Life Insurance
For more information about legacy gifts, contact Maria Baca at 780-469-1010 ext. 2137