Creating A Better Calgary.
What is the Tomorrow Fund?
United Way partners with donors, agencies and local leaders to build a great city for all. Together, we are making a significant impact in our community thanks to your loyal support. The Tomorrow Fund is another way you can help shape the future of our city by culminating a lifetime of giving with a one-time transformational gift. By making a planned gift to the Tomorrow Fund, you can build upon the impact your giving has already made, and continue to partner with us to improve the lives of individuals and families in the future.
For more information, please view our 1 pager.
Tomorrow Fund's Impact
The Tomorrow Funds goal is to address significant social issues in Calgary by elevating the important work of
United Way. The Tomorrow Fund supports United Way’s work in addressing:
- Kids Success – helping kids to be ready for kindergarten and do well in school.
- Financial Stability – helping families and individuals achieve financial stability.
- Connecting Seniors – helping seniors to be active members of their community.
For information on the impact made by the Tomorrow Fund in 2015, please read our Annual Report.
How to Give
We can provide you and your advisors with confidential information on the various ways to give. Whether giving today or planning for the future, we can help you plan a gift that meets your charitable, financial and tax goals.
- Cash or cheque
- Bequest - you can decide to leave a portion of your estate to United Way in your will. Please click here for our Will Wording Document
- Gift of Securities - a highly beneficial way of giving to United Way that can result in significant tax benefits
- Life Insurance Policies - you can name United Way as a beneficiary in an existing policy, or purchase a new policy in United Way’s name
- RRSPs - if a portion or the entire amount of an RRSP is donated upon death, most or all taxes owing can be eliminated through careful planning.
- More options are available, contact Jenny McLeod for more details.
This information is general in nature and does not constitute legal or financial advice. It is not a substitute for professional advice; United Way encourages you to seek professional legal, estate planning and/or financial advice before deciding upon your course of action.
Will Planning Guide
If you need help on how to get started, including a gift to the Tomorrow Fund, please see our Will Planning Guide.
Gift of Life Insurance
Make a gift in the future while receiving tax benefits today through life insurance. For more information, please see our Gift of Life Insurance 1 pager.
Donating and Acknowledging Your Gift
If you wish to be anonymous, we respect your wish to keep your intentions confidential.
Please see the Tomorrow Fund Donation Form
Information for Professional Advisors
Please visit our Information For Professional Advisors page.
2016 Tomorrow Fund Committee
Adam Waterous, Vice- Chair - ScotiaBank
Frequently Asked Questions
Q: What is the purpose of United Way’s planned giving effort?
A: The Tomorrow Fund gives you a unique opportunity to make an imprint on the future of our city. Making a one-time gift to the Tomorrow Fund means those dollars will continue to grow year-over-year and provide constant, annual support for the community. This support elevates United Way’s annual work with a sustained approach focusing on some of the more difficult issues in our community.
Q: Are you promoting planned giving or the endowed and non-endowed investments of the Tomorrow Fund?
A: Both! We’re trying to grow the Tomorrow Fund which has two distinct investment opportunities in order to build a strong foundation for the future. Planned giving is one of the options in which donors can contribute to the Tomorrow Fund.
Our Endowment Fund is permanent. They are funds with the requirement that the principal is never spent. The balance of these funds is invested, earning income that is then spent to support United Way’s charitable work in perpetuity.
Our Non-Endowed Fund is similar to our endowed fund. Unlike the endowment fund, all or a portion of, non-endowed gifts can be used immediately to create impact in the community.
In general, a planned gift is any gift given for any amount for current or deferred use. In addition, it includes any gift which is carefully considered by a donor in light of estate and financial plans.
Q: Does my planned gift to the Tomorrow Fund need to be irrevocable?
A: No, you can make both irrevocable and revocable contributions to the Tomorrow Fund.
Q: Who controls the money?
A: Mawer Investment Management Limited is employed by United Way to manage the assets of The Tomorrow Fund. Mawer adopts a conservative approach to its investment practices that emphasizes preservation of capital and at the same time generates an acceptable return. Mawer continues to invest funds in accordance with United Way’s Investment Policy and the overall investment process is stewarded by the Investment Committee of United Way’s Board of Directors.
Q: How will my money be distributed?
A: 4% of the market value on December 31 of each year shall be distributed in the following year in to the community. In 2015, $860,000 will be distributed from the Tomorrow Fund to support United Way's work in addressing financial stability, kids’ success and connecting seniors.
For more information about the Tomorrow Fund, contact Erika Jahn, Planned Giving Officer.
Telephone - 587.573.3467