Summer 2017
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1879 Society
Creating your legacy for the future of Lakefield College School inscribed on back LAKEFIELD COLLEGE SCHOOL
David Hadden on
Why I Give
“T
he truth is, giving makes you feel good. So it’s actually self-serving. Giving is all about feeling good about doing it.”
David Hadden leans back on his couch with that impish grin we all know so well. The former Lakefield College School Head of School, who retired almost nine years ago, is trying to convince me that making a bequest to the school benefited him the most. I try again. Why did he choose to make a bequest when he and Susan have already given so much to LCS, including yearly donations and countless
David Hadden, Former Head of School, Closing 2008
volunteer hours over the last nine years?
“Frankly, I can be more generous with
He looks away, pondering the question.
a bequest. I can make a difference to
“I have a very deep belief in the difference Lakefield
a place I believe in and have so much
makes to its students,” he says, fixing me with his
affection for in a way I can’t in the here
Hadden gaze. “It really is a unique place. Lakefield
and now.”
not only permits, it encourages students to discover who they are. To be themselves. To know themselves.
“Also, I could direct the bequest where I wanted
Lakefield does that. Not all schools do.”
it to be. I fervently want students who deserve to
The passion David Hadden feels for The Grove is palpable. I ask him why he felt a bequest was a particularly smart way to give.
be there—but can’t afford it—to be there. Their contributions to the quality of life at Lakefield are enormous; they help other students grow by Continued on back
WHY I GIVE
| THOUGHTFUL AND DELIBERATE
| IMPACT AND APPRECIATION
Thoughtful
and Deliberate Because the future matters
Eight years ago, Lakefield College School began a journey on the student experience at LCS. to reinvigorate its planned giving program and provide interesting and creative opportunities for our LCS community to invest in its future through gifts in their estates. What we realized early on was that, for many, making a gift in their will was not driven solely by tax incentives and asset distribution. It was, in fact, nostalgia:
Would Hugh Lumsden, Class of 1901, have ever imagined that today, 116 years later, we would still be acknowledging his kindness? Since receiving an estate gift in 1997 from Rickey Crang ’54, his endowed memorial bursary has provided more than 70 students with the financial assistance necessary for them to experience an LCS education.
“The opportunity to give back; to leave this world a better place; to make a difference in someone else’s life; to be remembered.”
Liz Ketchum, who grew up on campus in the late 30s and
As one of our alumni parents said, “Planned giving is
respond back immediately with a note of her own—full
proactive philanthropy. It is thoughtful and deliberate, designed not to fix something but to make things possible.”
40s, supported the school every year without fail. Each year, within days of receiving a note of thanks from the Hugh and Jean Ketchum Bursary recipient, she would of encouragement and congratulations. Thrilled that the memory of her parents was being honoured. Courtney Foster, who to our knowledge never
It is. And it does.
stepped foot on campus, made a bequest in his will to
wasn’t that long ago, it was his love for the school and all that it made possible for him that inspired him to create a bursary for other young people. Each one of these individuals believed in “the possible.” They believed in the Lakefield of the future and in the young people who would, because of their generosity, have an opportunity to experience it. To those of you who have made a gift through your estate, or are considering one, or until now, never dreamed it was possible—thank you. We thank you on behalf of every student who benefitted or will benefit from the generosity of a planned gift, past, present and future. We thank you for being proactive in your philanthropy, for being thoughtful and deliberate by including Lakefield College School in your estate plans. Most importantly, we thank you for believing in the little school on the shores of Lake Katchewenooka and making the future—one we can’t even imagine or understand—possible. By Theresa Butler-Porter, LCS Foundation, CFRE, Member of the 1879 Society
acknowledge, with gratitude, a kindness he had received
Proactive? Absolutely.
from a friend—and LCS alum.
Thoughtful and deliberate? Without a doubt. Make things possible? This is the part where the skies open and the angels sing. It is what inspires and motivates people like David Hadden to commit to future gifts to The Grove. But there are those who, with their passing (see opposite page), have already made a difference. Their visionary gifts have already had, and will continue to have, impact
Bill Kilbourne, an alumni parent and board member, was key in ensuring the coed future of the school. His children, who had no idea that he had included LCS in his will were, and continue to be, thrilled and honoured that he did. The Bishop Family Bursary was initiated through the estate of Darren Bishop ’03. While Darren’s time at LCS
What is the 1879 Society? The 1879 Society was established to honour and recognize alumni, parents and friends who have chosen to enhance opportunities for future generations of Grove students by including Lakefield College School in their estate planning. The 1879 Society recognizes the generosity and special foresight of those who have made a gift to provide for the school’s future. These provisions include gifts in a will, life insurance policy, charitable remainder trust, charitable gift annuity, or the proceeds of an RRSP/RRIF. To learn more, visit lcs.on.ca/LegacyGiving
F O C U S F O R WA R D
CREATING YOUR LEGACY FOR THE FUT
Thank You to the individuals who
have passed and whose belief in the future of LCS inspired these legacy gifts.
Hugh Lumsden, Class of 1901
Realized: 1976—Centennial Bursary
John Davidson, Class of 1914
Realized: 1987—Area of Greatest Need
RA Pearson (Friend of LCS)
Realized: 1987—Bob Armstrong Endowed Bursary
Blair Angus ’83
Realized: 1997—Angus Art Room
James Harold (Rickey) Crang ’53
Realized: 1997—James Harold (Rickey) Crang Jr. Memorial Bursary
William Gibson ’48
Impact and
Appreciation Event
May 11, 2017
Granite Club, Toronto
“Spending time with these great young people reminds me why it is so important to keep supporting LCS and its students.” Impact and Appreciation Event Attendee Every two years, members of the 1879 Society and
Realized: 1997—Sport Equipment Room / Day Student Locker Room
their families are invited to a special appreciation
Hugh Charles Harvey ’35
event to demonstrate the impact that estate gifts
Realized: 1997—Tennis Courts, Technology, Bursaries
Rod Pringle ’29
Realized: 1997—Endowment
have, and will continue to have, on students of LCS. Forty-five special guests and 20 students interacted
George Walter Booth
during the 90-minute programme. Guy McLean,
Realized: 1998— Library
Head of School, Shane Smyth ’96, Foundation COO,
Jerald B. Potts ’37
Theresa Butler-Porter, Philanthropic Relations and
Realized: 2000—Hadden Hall
Dr. Heather Avery, updated guests on school and
Stephen Gilbert ’39
foundation activities.
Cliff Abraham ’74
Guests were inspired with a heartfelt address by
Realized: 2004—Cliff Abraham Memorial Bursary
alumna Hilary Windrem ’07, who shared why she
Donald Brennan ’52
chose to include Lakefield College School in her
Realized: 2002—Area of Greatest Need
Realized: 2004—Library
Willy Williams ’57
Realized: 2004—Waterfront
John ’34 and Joyce Frewer (Alumni Parents) Realized: 2005—Bursaries
Verne and Ramona Stevenson (Alumni Parents)
Realized: 2008—Verne and Ramona Stevenson Memorial Bursary
Tim Dunn ’35 and Pam Holt Dunn (Alumni Parents)
estate plans. “It’s what I can do for a place that will always be so special to me.” The 20 student Lorelei Consort members opened and closed the event with beautiful music and had the opportunity to have many conversations with our guests, sharing their Lakefield experiences and the
Realized: 2011—Gwyllym Dunn Memorial Bursary
impact LCS has had on their lives.
Richard ’43 and Julia Warren
Visit lcs.on.ca/ImpactAndAppreciation2017 to see video of the event.
Realized: 2012—Bursaries
Courtney Foster (Friend)
Realized: 2013—Area of Greatest Need
Bill Kilbourne (Alumni Parent) Realized: 2013—Bursaries
Darren Bishop ’03
Realized: 2015—Bishop Family Fund
Elizabeth (Liz) Ketchum
Realized: 2015—Hugh and Jean Ketchum Bursary
Peter Perry ’42
Realized: 2017—Bursaries
TURE OF LAKEFIELD COLLEGE SCHOOL
Half of Canadians are making this
unforgivable money mistake “One of the great mysteries of personal finance is why so many people fail to have a will drawn up. Fail is exactly the right word here. Epic fail.
The latest evidence of this behaviour comes in a poll from Toronto-Dominion Bank that suggests half of Canadians don’t have a will. Almost 30 per cent of those who lack a will are between the ages of 53 and 71, an age range when people may have accumulated significant assets. Without a will, your assets are distributed according to a formula that varies by province. You would have no say in how much your spouse or children get. If you don’t have a will, make getting one your No. 1 personal finance project for the remainder of 2017. A 2015 fee survey from Canadian Lawyer Magazine says simple wills cost $441 on average, while complex wills for a couple averaged $1,357. For most people, the time of life to start thinking about a will is when they have kids. Update the will as you get older to reflect the changing needs of your children and the assets you’ve accumulated.” Reprinted from Carrick On Money, Globe and Mail May 26, 2017
David Hadden visits the Grade 10 WW1 Reenactment
“If you believe in the school and love it; if you’re engaged with it; if you’ve benefitted from being a part of it—it’s a
David Hadden speaking with students, 2004
Why I Give
great way to pay it forward. And it’s pretty painless.”
David Hadden
Continued from page 1
association. So I directed the bequest to a bursary.”
Should everyone involved in The Grove make a
Did David think bequests were more beneficial for the
bequest—alumni, parents, even teachers and staff
school than moderate annual donations?
who are neither alumni nor parents?
“Both are essential. It isn’t a matter of one or the
“Absolutely. If you believe in the school and love it; if
other. “For LCS to offer the best to its students—without hefty fee increases—it must have a substantial
you’re engaged with it; if you’ve benefitted from being a part of it—it’s a great way to pay it forward. And it’s pretty painless.”
endowment. To support our distinct programs
So what gets in the way of making a bequest?
and values; to bring the many deserving young
“I think some people are uncomfortable about
people who could not otherwise attend Lakefield to
planned giving, as though it’s macabre to make a
Lakefield; to have the most talented and motivated
donation that won’t materialize until you’re gone. But
teachers—to be a truly great school—it must have a
I feel the opposite. Like planting an oak tree you know
great endowment. We’ve managed to increase the
you’ll never sit under, there’s something noble and
endowment from $2 million when I started in 1985 to
gratifying about helping young people—who may not
$33 million today, which is wonderful. But it has to
even be born yet—flourish in a place you’ve come to
keep growing.
love. I can’t imagine any other gift or cause that would give me greater satisfaction.” By Stephanie Edwards, Alumni Parent
Lakefield College School Foundation
Please contact Theresa Butler-Porter T | 705.652.3324 ext. 329 E | tbutlerporter@lcs.on.ca 4391 County Road 29, Lakefield, Ontario, Canada, K0L 2H0 www.lcs.on.ca/LegacyGiving
1879 Society
The information and opinions contained in this newsletter are obtained from various sources believed to be reliable, but their accuracy cannot be guaranteed. Lakefield College School and its employees and agents assume no responsibility for errors or omissions or for damages arising from the use of the published information and opinions. Readers are cautioned to consult their own professional advisors to determine the applicability of information and opinions in this newsletter in any particular circumstances. This newsletter is under copyright; its reproduction in whole or in part without the written permission of the copyright owner is forbidden.