Technion Canada is very grateful to receive support from individuals through Planned Giving. Planned Giving helps to sustain the Technion for the future while providing benefits to you including solidifying lifetime family income and reducing taxes. These statements of caring make a great impact on the students attending Technion - Israel Institute of Technology and advance ground-breaking research and innovation.
PLANNED GIVING INCLUDES:
GIFTS OF LIFE INSURANCE
You may purchase a new policy designating Technion Canada as owner and beneficiary or transfer an existing policy.
A GIFT IN YOUR WILL
A bequest in your will is a simple and thoughtful way to leave a legacy. A donation receipt is issued for the gift, which may be claimed in the year of death or the preceding tax year.
RRSPS, RRIFS AND TFSAS
You may designate Technion Canada as the beneficiary of your RRSP, RRIF or TFSA in your will, or you can sign a beneficiary designation form naming Technion Canada as the beneficiary.
CHARITABLE REMAINDER TRUST (CRT)
Leave a capital donation of assets or real estate and receive an immediate tax receipt for the present value of the assets.
CHARITABLE GIFT ANNUITY
A charitable gift annuity can benefit both you and Technion Canada. Depending on your age, a charitable annuity allows you to save tax, enjoy a guaranteed predetermined income for life and give a gift today. This type of gift may be especially appealing if you are over the age of 65.
Please consider Technion when reviewing your financial and estate plans. Together, we can make a difference and meet the challenges of tomorrow.
DONOR STORIES - LEAVING A LEGACY
JACK & PHYLLIS CHISVINZ"L
Jack and Phyllis Chisvin z”l were devoted volunteers who were passionate about bettering the community and the Jewish value of tzedakah. Jack was an electrical engineer and the first designated Consulting Engineer in Ontario. Jack and Phyllis were regular donors to Technion Canada, and Jack served in leadership roles including National President, National Chair, and National Vice-President. He was awarded an Honorary Fellowship from Technion-Israel Institute of Technology and appointed as a Lifetime Member of the Board of Governors.
"Jack was a respected and thoughtful leader," said Gary Goldberg, Past President, Technion Canada. "Those who were fortunate enough to know and have worked with Jack were enlightened and inspired by his sage advice and guidance."
In honour of Jack and Phyllis' long-time commitment to Technion Canada, the family created a philanthropic fund with the Jewish Foundation of Greater Toronto to provide an ongoing annual gift to Technion Canada. There is no doubt that Jack and Phyllis would be proud to see their lessons of tzedakah and their love of Israel endure, as their philanthropy continues to make an impact for future generations.
MARK BERNSTEIN z"l
Mark Bernstein z"I and his wife Zita z"I were long-time supporters of Technion Canada. A proud graduate of engineering chemistry at Queen's University, Mark bought the family business, Phillips Paint Products, from his father and uncle in 1968.
Mark felt a close bond with the Jewish community both in Winnipeg and in Israel. He supported the Rady JCC in Winnipeg, Magen David Adom in Israel and served on the Board of Technion Canada. He was proud to see Israel lead in scientific endeavours of all kinds.
Through Mark's bequest to Technion Canada, his executors established an endowment providing bursaries for the Archimedes program at the Technion. This program enables 50 outstanding 10th grade pupils to enroll in courses at the Schulich Faculty of Chemistry each year. These talented youth acquire the guidance, tools and knowledge to reach their academic potential.
"Dad found his career in chemistry very intellectually satisfying," said his daughter, Sandra Bernstein. "He would have been delighted to know that his gift was enabling young people of limited means but similar aspirations the opportunity to follow their dream."