Tunisiniq Nunarjjuaq Piuniqsauqumut

Ensure your love for Inuit art lasts forever.

You can leave a legacy that supports artists, inspires community and continues to show your commitment to Inuit art.

Translated from Inuktitut to English, Tunisiniq Nunarjjuaq Piuniqsauqumut means “to leave the world a better place”. And that’s exactly what folks do when they make a legacy gift.

It’s easy for you to create a legacy that ensures artists can always have the best possible opportunities and visibility.

Thank you to those who have already dedicated legacy gifts. The Tunisiniq Nunarjjuaq Piuniqsauqumut Circle was created because of you, The IAF is honoured by your generosity and wanted to find a way to celebrate you now, while you’re still with us.

We’re happy to speak with you anytime about ensuring your commitment matches your passion, and what program options there are.

Everyone and every financial situation is different, and there are many potential tax advantages to gift planning. Please speak with your lawyer, accountant or financial advisor to create estate plans that are the most beneficial for you.

Some frequently asked questions are below, for your review.

By making the Inuit Art Foundation a beneficiary in your Will you are guaranteeing that your legacy will live on for generations — all it takes is a simple clause.

What is a legacy gift?

Legacy gifts come in many forms: gifts left in your Will, gifts of securities, annuities or insurance-related gifts. Any of these options might allow you to support at a level that is not possible during your lifetime.

Inuit artists have the best possible opportunities and visibility.

Making a gift to the IAF as part your will has benefits:

By making a bequest, you ensure your assets are distributed according to your wishes.
Other than the cost of preparing your will, there are no additional costs for you to make a generous gift.
A gift in your will allows you to make a tax-effective gift, often eliminating the taxable impact on your beneficiaries.

For legal purposes, please refer to the Inuit Art Foundation (charitable registration #896568417RR0001 in Canada and #980140282 in the US)

Frequently Asked Questions.

Can I designate how my legacy gift will be used?
We encourage you to first consider an unrestricted donation, which gives us the flexibility to utilize funds in the areas of greatest need – and greatest promise. However, if you do decide to designate your gift to a specific area, let us know so we can help with the wording and ensure that your gift goes where you want it to.

How does benefit me and my estate?
When the funds from your legacy gift is transferred to the IAF, a tax receipt for the full amount of your donation will be issued and may offset capital gains or other taxes payable to lessen the financial cost on your estate.

How do I include a gift in my will?

Speak to your lawyer about drafting or revising your Will by adding a codicil, an essential step to protect your family’s future and to ensure that your assets are distributed according to your wishes.

Add the appropriate bequest wording in your Will, which our team can help tailor to your specific area of interest. (For sample wording, see “How should I word my bequest?” below).
Let us know about your bequest so we can show our appreciation and ensure your intentions are properly understood and honoured.

How should I word my bequest?
Specific wording depends on the type of gift and its designation, but here are some examples:

RESIDUAL BEQUEST - “I give, devise and bequeath to Inuit Art Foundation, 1655 Dupont Street Toronto, ON XX% of my gross estate, to be used in the area of greatest need as the governing body may designate.
DOLLAR AMOUNT BEQUEST - “I give, devise and bequeath to Inuit Art Foundation, 1655 Dupont Street Toronto, ON the sum of $XXXX , to be used in the area of greatest need as the governing body may designate.

If you would like your gift to be designated for a specific purpose (e.g. KAMA or IAQ) contact us so we can help with the wording to ensure that your gift goes where you want it to.

Is there a minimum amount needed to put the Inuit Art Foundation in my Will?
No. Gifts come in all shapes and sizes, and we are grateful for every dollar. Even 1% of your estate can make a huge difference for our organization.

Should I let the Inuit Art Foundation know that I have left a gift in my Will?
Yes, we want to be able to celebrate you, with you! By letting us know you’ve included us in your Will, we can recognize your gift during your lifetime by capture/sharing your story and ensure we know exactly how you want your legacy gift to be used.

Please contact us at [email protected] or 647-498-7717 for more details.