A belief that higher education can transform someone’s life led Brenda Hattie, MA ’01, to include Mount Saint Vincent University as part of her estate plan by naming the University as a beneficiary in her will.
Brenda is a part-time faculty member at the Mount teaching in the departments of Women’s Studies, and Family Studies and Gerontology. She is also a researcher at Dalhousie University, and a PhD student at the Mount. She is actively involved with a number of initiatives at the Mount including the Alexa McDonough Institute for Women, Gender and Social Justice.
“I am particularly pleased with the Mount’s commitment to the education and advancement of women, and to social justice in general, and have a desire to help, in particular, female and transgendered students who would not otherwise have access to a university education,” notes Hattie. “At this stage of my life I am not in a position to make the financial contribution to establish an endowed scholarship. However, I can do this in the future with a bequest in my will.”
Not only are bequests the most popular vehicle for making a planned charitable gift, they are often the simplest. In providing a future gift through a bequest, donors benefit in the following ways:
- You have the use of your assets during your lifetime.
- Your estate receives a tax receipt for the full value of the bequest. If the total bequest exceeds 100% of the net income of your final tax return, the excess may be carried back to the previous year.
- As a revocable gift, bequests provide flexibility and can be altered at anytime should your circumstances change.
If you are considering a bequest or any other type of planned gift, please consult with your financial advisor to make certain it is the best option for you and your family. Donors are also encouraged to contact and work with the charity. Hattie explains, “By working with staff in University Advancement at the Mount and having an agreement on file at the University, I have the criteria for my scholarship already established and know that as per my wishes, this scholarship will provide support to female and transgendered students for many generations to come.”
At the Mount, alumnae and friends notifying the University of their intent to include the Mount in their estate plans are recognized through the 1873 Society which allows the University to extend its thanks now for gifts in Wills and other future gifts. Hattie adds, “I am happy to be included amongst the members of the 1873 Society at the Mount and in doing so, hope to encourage others to consider a gift to charity or charities whose work aligns with their values as part of their estate plan.