Coquitlam Foundation Donor Story

Sue’s Story: Helping Those She Had in Her Heart

Roch Ripley
Chair
Coquitlam Foundation

The Coquitlam Foundation, which has existed for almost 30 years, recently received one of the largest bequests in its history. Margaret Susan Price (Sue) left nearly $800,000 to the Foundation, helping to raise the Foundation’s endowment from $3.2 million to almost $4 million. The Coquitlam Foundation is immensely grateful for Sue’s generosity and is committed to giving life to her gift, both to honour the faith she placed in the Foundation and to help those she had in her heart with her charity.

As Sue wanted, the income her fund generates will benefit two types of organizations.

Sue, who was born in New Westminster, worked at RBC in various positions for most of her career. She was a talented seamstress who enjoyed baking and cooking. Sue had two cats, Syndi and Charli. Earlier in her life she had four older cats, who passed away shortly after she lost her mother, which was an emotionally difficult time for her. It was her experience with cats, and older cats in particular, which informed her understanding of how cats can provide companionship for seniors, that led to her bequest and the consequent establishing of the Margaret Susan Price Fund.

As Sue wanted, the income her fund generates will benefit two types of organizations. She’ll be helping organizations that rescue, rehabilitate and/or find adoptive homes for cats, with an emphasis on placing adult/senior cats and following up on placed cats in Coquitlam and neighbouring municipalities.

Her generosity will also support organizations that foster cats to live out their senior years with willing and able seniors. These can include programs that provide boarding for cats in the event of holiday or travel plans and cover all vet bills including transportation to and from pet-related appointments.

We at the Coquitlam Foundation are humbled by Sue’s gift, and look forward to working for her in the years to come.

Assuming a reasonable rate of return, Sue’s gift will allow the Foundation to donate thousands of dollars annually, in perpetuity, to charities that support her vision. Community foundations can help people like Sue leave a powerful legacy. With a bequest, people can realize a tax benefit in addition to the reward inherent in giving.

“We at the Coquitlam Foundation are humbled by Sue’s gift, and look forward to working for her in the years to come,” says Roch Ripley, the Foundation’s Chair.

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