York University Foundation

2010 Report

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Page 55 of 79

LEGACY GIVING A Lasting Choice Philanthropist Seymour Schulich (Hon. LLD ’03) once said: “You only die when you’re forgotten – a gift in your will can have you live forever in the hearts and minds of students.” Many supporters of York are realizing the powerful impact of legacy giving. In just three years, the number of individuals who have committed to supporting the University through legacy gifts, including bequests, life insurance policies, retirement plan accumulations, and other vehicles, has more than doubled. With an estimated $10 million raised through the campaign, legacy giving is an increasingly important part of York’s long-term health and ability to serve its future needs. For some donors, legacy gifts are an excellent way to enhance their annual and campaign contributions. For others, who feel they may not be able to give now, legacy giving is perhaps the best option to ensure their contribution will have a meaningful impact on the future. Legacy gifts have made the difference throughout the campaign. Bequest gifts realized from donors like Thomas J. Bata, Ronald Brash, Jean Burnet, Charles Dubin, Michael Lawee, Betty Isobel MacKay, Vernon Stong, and many others have supported a range of initiatives including academic programs and student awards, scholarships and bursaries. We thank alumni, faculty, staff and friends who have thoughtfully made a provision to leave a legacy gift to the University as part of their estate plans. p. 54

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