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Home > Help Us > Planned Giving
Planned Giving
What are the causes that are most important to you? What do you want to be remembered for? There are a variety of ways that you can make a special legacy gift through House of Friendship to assist low-income people in perpetuity and also maximize your tax savings. The most common ways include bequests in wills, trust deposits, shares and mutual funds, life insurance and gift annuities. Consult your personal professional advisors about what works best for you.
In 1995 we established the Friendship Fund to provide financial stability for our community ministry. It is an endowment fund where the capital is not spent but the interest income is used to support our chaplaincy and community outreach programs in perpetuity. The Friendship Fund is managed for House of Friendship by the Mennonite Foundation of Canada (MFC). Founded in 1973, MFC provides gift planning, fund management and stewardship education services to Christian charities across Canada.
Our General Capital fund is another long-standing fund that is used to purchase and maintain our properties. Income from this fund helps us to develop and maintain the properties needed to deliver our programs.
Unless otherwise specified by the donor, special one-time planned gifts are placed by our Board of Directors into either the General Capital Fund or the Friendship Fund and are not used for annual operating purposes.
House of Friendship is a member of Leave a Legacy™ Waterloo-Wellington, an initiative of the Waterloo-Wellington Round Table of the Canadian Association of Gift Planners (CAGP-WW). The purpose of Leave a Legacy™ is to promote interest in charitable giving to not-for-profit organizations and agencies through bequests or other planned gifts.
For more information about planned giving opportunities to House of Friendship please contact our Development Director, Christine Rier, at (519) 742-8327 or e-mail christiner@houseoffriendship.org.
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