Seminar to Guide Philanthropists on Leaving a Lasting Legacy

Ray Dowse of the Niverville Nighthawks accepts a large donation from Cameron Rennie.

Cara Dowse

Cameron Rennie of Niverville understands the importance of philanthropy. More specifically, he and his team at IG Private Wealth Management understand the importance of gifts that keep on giving.

In May, Cameron Rennie and Associates plan to host a seminar in Niverville on legacy giving that makes a lasting impact.

“It’s about how to leave a lasting legacy, not just a one-time gift,” Rennie says. “I’ve served on charitable boards before and there is so much more value to a recurring gift than there is to a one-time lump sum. Not only that but it’s about how to make the most of your investments and save the most tax when making the donation.”

Legacy donations can be drawn up in a person’s estate plan, he says, but they could just as easily be part of a person’s living plan, allowing the beneficiary to witness the impact of their gift firsthand.

Rennie is someone who puts his money where his mouth is. At this year’s Nighthawks fundraising gala, he was quick to jump on board when long-time junior hockey supporter Tom Kleyson put out a challenge.

Kleyson’s offer was to match donations, up to $250,000, for the construction of the Nighthawks’ much-needed dressing room.

“I saw the opportunity and I knew that I wanted to help out, so I stepped up at the gala with a cheque made out for $10,000,” Rennie says. “But then I said, ‘There’s a Sharpie in my pocket and I’m not afraid to use it. If other people step up, I’ll go as high as $25,000.’”

With a head for finance, Rennie recognizes the power in donation-matching strategies. With his and Kleyson’s offers on the table, his donation had the capacity to effectively quadruple in size—and Rennie’s goal was achieved that night.

These are the kind of powerful financial strategies that Cameron Rennie and Associates have become known for. From their office on Sterling Lyon Parkway, they cater to a rather niche market in ways that go well beyond financial planning.

“The majority of what we do is investment, retirement, and tax and estate planning,” Rennie says. “We also do mortgages and insurances and [pretty much] everything. We lead with the financial planning—that is very important to our approach—and then we just identify shortfalls and opportunities within the plan. We then recommend mortgages or insurances to fill those gaps.”

Rennie’s credentials alone include CFA (Certified Financial Planner), RRC (Registered Retirement Consultant), and more recently he’s become certified as a master financial advisor specific to philanthropy.

He has a team that includes lawyers, accountants, and insurance specialists to offer a complete private wealth planning experience. They collectively offer more than 20 years in the business.

“We love to start young families off on the right foot, but we do our most impressive work with the nearly and newly retired,” he says.

In his free time, Rennie is a hockey dad to two young sons and a billet parent to a Nighthawks player, Dawson Zeller.

“When the CRRC was built, we didn’t know we were getting a junior hockey team at that point,” Rennie says. “So their current dressing room has been an ATCO trailer out back. It’s pretty awful that, after the game, they have to walk outside in a towel just to go use the shower.”

Thanks to Rennie, Kleyson and a host of other generous donors at this year’s Nighthawks gala, the team is almost $300,000 closer to their goal of building a Junior A-calibre dressing room of which the players can be proud.