Legacy Giving

What is Legacy Giving?

Create a Legacy that Inspires Generations

Legacy gifts are acts of vision. They reflect your values, honour your connection to St. Andrew’s College, and ensure that future generations of Andreans benefit from the same opportunities that shaped your or your child’s experience.

By including SAC in your estate plans, you make a powerful statement: that you believe in the school’s mission, its students, and its enduring role in developing complete men and well-rounded citizens.

Your legacy becomes part of SAC’s story – shaping the lives of students for generations to come.

What Is Legacy Giving?

Legacy giving allows you to plan a future gift that supports SAC’s mission while often achieving financial and tax advantages for you and your loved ones.

Legacy gifts can take many forms, including:

A bequest in your will
A gift of life insurance
Publicly traded securities (shares or stocks)
RRSPs or RRIFs
A charitable gift annuity

These gifts provide future support for the areas of SAC that matter most to you and can often result in a larger contribution than might be possible during your lifetime.

Popular Types of Legacy Gifts

There are many ways to make a legacy gift to St. Andrew’s College. Each offers different benefits and can be tailored to your financial and philanthropic goals.

Bequests in Your Will

A bequest is one of the simplest and most flexible ways to support SAC. You can leave a specific amount, a percentage of your estate, or the residue after other commitments are met. Bequests can support scholarships, programs, or areas of greatest need.

Sample Bequest Wording - Sample Codicil Wording

Gifts of Life Insurance

A gift of life insurance allows you and your family to make a significant future contribution to SAC – one that may not be possible during your lifetime. Instead of making monthly or annual donations, you receive tax benefits for contributions made to a life insurance policy held by the SAC Foundation.

When the policy matures, typically after a 10-year period, the proceeds can be used to establish a named scholarship or bursary, creating a lasting legacy for students or be directed at the discretion of the Board of Directors and/or the Head of School, supporting the areas of greatest need at that time.

This is a flexible and tax-effective way to make a transformational gift.

Gifts of Securities

Donating publicly traded securities, such as shares or stocks, can provide significant tax advantages, including eliminating capital gains tax on appreciated securities. This can make it possible to make a larger gift to SAC than through cash alone.

RRSPs or RRIFs

Naming SAC as a beneficiary of your RRSP or RRIF is a straightforward way to make a future gift. This option can help reduce estate taxes while supporting the school’s mission.

Charitable Gift Annuities

A charitable gift annuity allows you to make a gift to SAC while receiving a steady income stream during your lifetime. This option can provide financial security and meaningful long-term support for the school.

The Benefits of Legacy Giving

A legacy gift is both meaningful and strategic. It can:

Provide immediate tax relief
Generate lifetime income for you or another beneficiary (in some cases)
Reduce estate taxes
Reflect your values through a lasting legacy
Make a significant impact on future SAC students
Grant membership in the 1899 Andrean Legacy Society, which honours all planned gifts

Make Your Legacy Gift Today

Planning your legacy is one of the most meaningful ways to support SAC’s future.

St. Andrew’s College has engaged Epilogue to simplify this process. This secure, trusted Canadian online platform lets you create or update your legal will from home in just minutes.

With Epilogue, you can:

Create or update your will quickly and securely
Easily include a legacy gift to SAC
Gain peace of mind knowing your wishes are documented

Leave a legacy that lasts a lifetime.

Why Your Legacy Matters

Every legacy gift – large or small – strengthens SAC’s future. Your support helps:

Sustain exceptional academic, arts, and athletic programs
Fund scholarships and bursaries that open doors for talented students
Maintain and enhance our historic campus
Launch new initiatives that prepare students for the future

When you share your plans with us, you’ll be welcomed into the 1899 Andrean Legacy Society, which recognizes and celebrates donors who have made a lasting commitment to SAC.

Let’s Start the Conversation

Leaving a legacy gift is personal and meaningful. Our Advancement team is here to help you explore options that align with your goals, your family’s needs, and your vision for SAC.

To learn more about legacy giving or to share your legacy plans, contact Marla Lambert, Associate Director of Advancement at marla.lambert@sac.on.ca or 905-727-3178 ext. 381.

Together, we can build a legacy that endures.

Estate Planning Webinar Recordings

Our estate planning webinars bring together trusted professionals and community members to share practical advice and inspiring ideas. Watch recent sessions below to deepen your understanding of planned giving and explore ways to create a lasting impact at St. Andrew’s College.

Estate Planning 101 Webinar with Epilogue

In this online forum, Daniel Goldgut, CEO and co-founder of Epilogue presented a session on will planning. As a former tax and estate planning lawyer for high-net-worth clients, Daniel shared invaluable insights on why having a will is one of the most important decisions for your family’s legacy along with key decisions involved in creating a will and options for leaving meaningful gift to charity.

Ten Tax-Saving & Charitable Strategies

During this online discussion, Mark Halpern of WEALTH Insurance unravelled valuable tips to maximize wealth preservation while supporting meaningful causes. In this engaging 45-minute session, Mark shared strategic insights into how smart estate planning can integrate philanthropy for powerful financial and personal impact.

How to Successfully Leverage Life Insurance, an Estate Planning Session

David Miklas '07 examined why families and business owners incorporate life insurance programs into their estate plans. We explored the following:

Estate preservation by minimizing tax and transferring wealth tax efficiently to the next generation
Liquidity for tax, equalization, inheritance, share transfer, and charity
How to include safe capital and diversification of your portfolio

Family Cottage: Love it or List it? – Allen Church and Hilary Laidlaw

The session was an informative panel discussion on disposing of your cottage (or recreational property) in a thoughtful, workable, and tax-effective manner. Our presenters, Allen Church and Hilary Laidlaw, shared their knowledge and experience on disposing of a recreational property in Canada, including tax implications, succession issues, and probate considerations.

The Role of An Executor – Hilary Laidlaw

Hilary Laidlaw is a certified specialist in estate and trust law. She shares with us practical advice on choosing your executor and explaining the duties of an executor should you be asked to accept this role. Hilary is a past parent, Trustee of the SAC Foundation, and lawyer whose practice focuses on estate planning and administration with extensive experience in contested estates.

Tax Effective Charitable Planning – Jamie Golombek

Jamie Golombek, managing director, tax & estate planning at CIBC Private Wealth, presented a charitable giving education session.

In the online forum, Jamie provided an overview of charitable giving opportunities that are tax efficient for Canadians and suggested types of gifts you may wish to pursue as you consider making a gift to support charities such as St. Andrew’s College.

Is Your Estate in Order? – Laura Ross

Laura Ross, of Laura Ross Estate Consulting, walked us through how to get your estate in good working order. As a certified executor advisor, Laura has many years of experience working with estates as an executor and helping others in an executor role. She shared valuable lessons in preparing estates to minimize family conflict and ease administrative duties after death.

The charitable registration number for St. Andrew's College Foundation is 119163434 RR0001

The information provided on this webpage, in associated videos, and through third-party resources such as Epilogue is intended for general informational purposes only and does not constitute legal, financial, or professional advice. St. Andrew’s College does not provide legal, financial, or tax advice and is not endorsing any specific estate planning products, services, or solutions. Estate planning is a personal process, and the information shared may not apply to every individual’s circumstances. We strongly encourage you to consult with qualified legal, financial, or tax professionals to ensure your estate plans are comprehensive and comply with all applicable laws.

We are committed to building a sense of belonging in our community.

By dedicating ourselves to creating a diverse, inclusive, and equitable environment, we will foster and accept the unique individuality of each of our citizens, ensuring all members feel valued and respected.