Vancouver heiress Judith Jardine bequeaths $40 million to three
VANCOUVER, May 23, 2013 /CNW/ - Vancouver Foundation, the University of
British Columbia and the BC Conference of The United Church of Canada
today announced the receipt of one of the largest charitable bequests
in BC history - approximately $40 million from the estate of Judith
Little is known about Judith Jardine. She was sole heir to the wealth
of the Kitchen/Jardine families of Vancouver. In her will, Jardine left
part of her estate ($6.4 million) to the UBC Faculty of Medicine and
$50,000 to the Vancouver School of Theology. The bulk of her estate
(approximately $34 million) was bequeathed to Vancouver Foundation, to
create a permanent endowment that supports the Foundation and the BC
Conference of the United Church. In total, the donation amounts to
about $40 million.
"We were completely surprised by this generous estate gift," said
Vancouver Foundation President and CEO Faye Wightman. "It's the largest
single bequest Vancouver Foundation has received in its 70-year
"Judith Jardine is a bit of an enigma to us. She never had a fund with
Vancouver Foundation. But she appears to have done her research, and we
are honoured that she decided to put her trust in our community
Part of the proceeds of the estate will come from the sale of the family
home "WilMar Estate" at 2050 SW Marine Drive, estimated to be worth
approximately $8.5 million, as well as numerous investments. The
bequest of Judith Jardine was made in the memory of her father, William
Jardine, to set up a fund called the W.E. Jardine Memorial Fund. When
invested, the estimated $34 million W.E. Jardine Memorial Fund, which
will be managed by Vancouver Foundation, will generate about $1.4
million in income every year. As instructed by her will, income
generated from the fund will be split in two -- half going to BC
Conference of the United Church, and half to Vancouver Foundation. The
Foundation will use its portion of the annual income from the fund
(approximately $700,000 per year) to support a wide variety of
worthwhile community projects in BC.
The President of BC Conference, the Reverend Jenny Carter, stated "this
is an amazing, hugely generous, and unexpected gift. I am heartened to
know that The United Church of Canada was such a part of Judith
Jardine's life that she wanted to contribute to the life of the church
as we continue to help nurture the faith lives of others. Judith
Jardine's generosity will allow us to bring even more wonderful and
exciting things to the people of this Conference, the likes of which I
can only imagine!"
At Judith Jardine's request, the estate gift to UBC will go towards
medical research and medical student scholarship. A permanent endowment
has been created and named the Willard Kitchen Memorial Fund to
commemorate her maternal grandfather.
"We are extremely grateful to Ms. Jardine for supporting medical
education and research at UBC," said Dr. Gavin Stuart, UBC Dean of
Medicine and Vice Provost, Health. "Her generosity will make an
indelible difference in the lives of British Columbians through the
training of future doctors and advancement of life-saving research."
Judith Jardine was born October 4, 1924 to Gladys (Kitchen) Jardine and
William Jardine. Judith's maternal grandfather, Willard Kitchen, lived
and worked in New Brunswick building railways, where he apparently
amassed his fortune. After moving with his family to Vancouver, he
became a director of the Pacific Great Eastern Railway, which later
became BC Rail.
Judith was active in Vancouver's arts community, serving as board
secretary of the Community Arts Council of Vancouver from 1962 to 1979
and co-authored a book on the history of the council. She never married
and had no children or heirs. She suffered from dementia in her final
years, and passed away on May 7, 2006 at the age of 82.
"From what we know about Judith Jardine, she lived a relatively quiet,
unassuming life, but upon her death in 2006 she made an
uncharacteristically big splash with this bequest," said Ms. Wightman.
"The ripples of her generosity will be felt for generations to come."
With almost 1,500 funds and assets of more than $814 million, Vancouver
Foundation is Canada's largest community foundation. Since it was
founded in 1943, Vancouver Foundation, in partnership with its donors,
has distributed more than $917 million to thousands of community
projects and programs.
SOURCE: Vancouver Foundation
For further information:
Martin Livingston, Vancouver Foundation Communications