Your Legacy

When you include a gift to St. Bonaventure’s College in your estate plans, you are helping us prepare future students to become confident men and women of competence, conscience, compassion and commitment.

A gift to St. Bonaventure’s College in your will or revocable trust proclaims your confidence that we will continue to serve our mission of the formation of men and women for others. A bequest is simple to arrange and will not alter your current lifestyle in any way.

Residual Bequest Language:

A residual bequest comes to us after your estate expenses and specific bequests are paid:

I give and devise to St. Bonaventure’s College, located in St. John’s, in the Province of Newfoundland and Labrador, all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund, bursary or program).

Specific Bequest Language:

Naming St. Bonaventure’s College as a beneficiary of a specific amount from your estate is easy:

I give and devise to St. Bonaventure’s College, located in St. John’s, in the Province of Newfoundland and Labrador, the sum of $___________ to be used for its general support to be used for its general support (or for the support of a specific fund, bursary or program).

Contingent Bequest Language:

St. Bonaventure’s College can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:

If (insert name) is not living at the time of my demise, I give and devise to St. Bonaventure’s College, located in St. John’s, in the Province of Newfoundland and Labrador, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund, bursary or program).

Retirement Plan Giving

Making a charitable gift from your retirement plan is easy.  Simply request a change of beneficiary form from your plan administrator. When you are done, please return the form to your plan administrator and notify St. Bonaventure’s College. We can also assist you with the proper language for your beneficiary designation to St. Bonaventure’s College.

You may name St. Bonaventure’s College as a beneficiary of your RRSP or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts.

Retirement Plan Beneficiary Language:

Should my death occur before I receive the benefits of my Registered Retirement Saving Plans I declare that St. Bonaventure’s College, located in St. John’s, in the Province of Newfoundland and Labrador, is my designated beneficiary of any RRSPs, RRIFs or similar plans within the meaning of the Income Tax Savings Plan Act.

Or:

Should my death occur before I receive the benefits of my Registered Retirement Saving Plans I declare that my __________, if living at the time of my death, is my designated beneficiary of any RRSPs, RRIFs or similar plans within the meaning of the Income Tax Savings Plan Act.  If, however, my __________ is not then living, and if I have not otherwise named beneficiaries in my RRSPs, the proceeds of my plans are to be paid to my Trustee and distributed to St. Bonaventure’s College, located in St. John’s, in the Province of Newfoundland and Labrador, for its general support (or for the support of a specific fund, bursary or program).

Customized Language:

If you or your lawyer would like St. Bonaventure’s College to provide you with customized beneficiary language that is specific to your goal and interest, please contact us at presidentsoffice@stbons.ca or 709-726-0024.