Cool Aid Receives Large Estate Gift “for Christmas”
To Support Endowment and Access Health Centre
December 21, 2010 – Today, the Victoria Cool Aid Society received a generous gift of $84,554.88 from the late Leslie Magill Andrews – who remembered people in our community who are homeless and marginalized in her will. Ms. Andrews was not known by the Society and had not previously donated to the organization. Cool Aid will receive an additional amount in a future year from her beloved pets’ trust fund after her dogs pass away. The gifts flow from a portion of the sale of her Shawnigan Lake home as well as other assets.
“We are genuinely surprised and so very grateful that such a generous woman – whom none of us knew – thought of Cool Aid’s clients in her will,” said executive director Kathy Stinson. “Leslie Magill Andrews’ thoughtful bequest, a portion of her overall estate, shows by example the true spirit of Christmas giving. She challenges all of us to think of others less fortunate at this time of year and at the end of our lives.”
According to her obituary: “Leslie Magill Andrews [July 5, 1956 to February 3, 2007], was born in Tokyo to Leslie Bratton Andrews and Richard Magill Andrews, Jr. Her maternal grandfather was Colonel Rufus S. Bratton, Chief of the Far Eastern Section of the Intelligence Branch of the Military Intelligence Division (G-2) in the US War Department, and was instrumental in deciphering the transcripts from the Japanese government to the Japanese ambassador on December 7, 1941, the day the Japanese bombed Pearl Harbor. Her paternal great-grandfather, William Henry Andrews, was appointed American Consul to Hankow (modern day Wuhan) in 1890. Her paternal grandfather, Richard Magill Andrews, Sr., was an American trained mining engineer raised in Japan. The family company, Andrews & George, imported machinery from the US into Japan and it is purported that it imported the first motor vehicle into Japan.”
Her bequest will be spent in ways that enrich the lives of the poorest people in the region:
- $50,000 will help pay for the reconstruction of the Access Health Centre – a new community partnership that serves over 6,000 patients and clients annually. One of Cool Aid’s seven medical examination rooms will be named in her honour. Including other recent gifts of over $25,000 (and growing) in December from Cool Aid supporters, $20,000 from Coast Capital Savings, a memorial gift of $5,000 honouring Dr. Henry Ross from J.R. Shaw (Shaw Communications), and $2,000 from the Rotarac Club of Victoria (young Rotarians at the University of Victoria) – the Access Health Centre is now just over $800,000 short of its $5.3 million campaign goal.
- The Cool Aid Endowment Fund, managed by the Victoria Foundation, will receive $30,000 of the bequest – to support the Cool Aid’s housing, shelter, health care and other services in perpetuity.
- The remaining $4,500 will be invested in promoting bequests (a donation left in one’s will) and other gifts, such as appreciated stocks, to the Victoria Cool Aid Society.
“The unusually large estate gift inspired Cool Aid’s volunteer Board of Directors to establish a new policy for the investment of bequests and planned gifts,” said Kathy Stinson. Cool Aid will now utilize undesignated bequests over $5,000 as follows to ensure that life-end gifts continue to help the community for many, many years:
- 30% or more will be invested in the Cool Aid Endowment Fund
- 30% or more will help build capital projects such as housing and the
Access Health Centre
- Up to 10% will be used to promote others making planned gifts and bequests
The Victoria Cool Aid Society is among over 80 organizations which have entrusted their funds to the Victoria Foundation. “The Victoria Foundation is honoured to receive an endowment contribution from the Victoria Cool Aid Society through this generous bequest from the late Leslie Magill Andrews,” said Sandra Richardson, CEO of the Victoria Foundation. “By adding to their endowment fund, organizations such as Cool Aid are investing in their future, building assets, moving towards greater strength and building capacity. We are proud to assist them in their efforts to make our community and our province the best it can be.”
The Victoria Cool Aid Society has been building hope, lives and community in the Capital Region for over 42 years, since 1968, through a wide range of programs including supported housing, emergency shelter, community health and dental services, employment services, mental health support and recreation and exercise programs for adults who are homeless or in need of help. For more information visit www.CoolAid.org or call 250-383-1977.
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Kathy Stinson, Executive Director, Cool Aid
Shannon Drew-Burrows, Director of Communications, Victoria Foundation