QUINTE WEST-BRIGHTON ON. February 3, 2021: Twenty-five years ago, the community lost a legend. Not because she was an Olympic athlete, award winning actress, or high profile politician but because in her death she would donate more money to help her community than she did while she was alive. That woman was the late Kay Stafford who lived modestly and worked as postal clerk, but upon her death in 1996 left a bequest in her WILL of $1.2 million to the Trenton Memorial Hospital Foundation. Her gift, was endowed, and annually the investment income is gifted to TMH staff for education and the community for healthcare grants and has given out over $1.8 million. Nearly 100 different local organizations have received funding for defibrillators, medical transport vehicles, first aid training, various medical equipment and much more than can be listed here. Who says an ordinary person can’t do extra-ordinary things, Kay Stafford did.
Once again TMHF is putting out their call for Applications that are available online at tmhfoundation.com and due by Friday April 9, 2021. They can be sent electronically to firstname.lastname@example.org. They are looking for projects that will benefit or enhance Trenton Memorial Hospital, i.e. reduce emergency visits, health care prevention etc. This year, projects that relate to Covid-19 will also be considered from not-for-profit groups, although not mandatory.
Leaving a bequest in your WILL for your favourite charity is quite simple and it should form part of your estate to ensure that your intended beneficiaries get the gifts you intend for them. A simple bequest, even just 1% is an easy way to seek tax breaks and reduce estate taxes (consulting your financial advisor is always recommended as each situation is different). If the hospital was important to you, like it was to Kay Stafford, you may want to discuss with the Foundation how you too can make your mark on the health of your community to benefit your family and friends long after you’re gone. Other locals have done this, like the late Ed Meyers, Roli and Audrey Terrill, Wes and Doris Rees, Joan Wheatly, Gordon and Pearl Woodcox and S.O. Graham.
“You have three options and only two choices of where to leave your estate: your heirs, the government and/or a charity. What many don’t know is that without adding a charity, your estate will pay taxes that will reduce the amount your loved ones will actually receive. It’s a simple concept, but very beneficial for all concerned.” Says Wendy Warner, Executive Director of TMHF.
Choosing to leave a gift in your Will for your favorite charity, brings meaning, dignity and purpose to a life well lived.
The Trenton Memorial Hospital (TMH) has a legacy of saving lives by diagnosing and treating people in ill health. As a donor to TMHF, you share this belief that TMH plays a critical role in delivering excellent health care to the residents in your region, both now and in the future. Call the TMH Foundation to find out more. They have “preferred list” of volunteers who are professionals that can give you advice, free of charge. Please go online to tmhfoundation.com for more information or call 613-392-2540 ext. 5403.