Gifts for Today
Make a donation of cash, stocks, bonds, mutual funds, real estate to Vancouver College. You will receive chartibale tax credits and we'll put your gift to work right now.GIFTS OF CASH
The simple cash gift is the most widespread form of charitable giving. If you choose to donate a gift of cash to VC, you will receive a donation receipt for the full amount of your gift. We encourage you to direct your gift towards an area in which you feel passionate, whether Athletics, Academics, Faith Formation, the Arts, or the Bursary Fund.GIFTS OF CASH CORPORATE MATCHING GIFTS
Many companies encourage their employees to contribute to charities by offering a "matching gift" program. This means the company will donate funds equal to your contribution to the same fund, effectively doubling the gift. Check with your employer to see if they offer a charitable gift matching program.
GIFTS OF SECURITIES
Publicly traded securities include shares, bonds and mutual funds. Tax savings are substantially greater when donating publicly traded securities directly to VC rather than donating the cash proceeds from the sale of these same securities.
In the May 2, 2006 federal budget, the government announced the elimination of the capital gains tax on such donations. This means even more tax savings for donors. VC can accept both electronic and certificate shares, as well as gifts of publicly traded options. If you choose this gift type, you will immediately receive a donation receipt for the value of these gifts.
COMMEMORATIVE GIVING: IN HONOUR AND IN MEMORIAM
Vancouver College can help you create a legacy in honour of a loved one. From creating named scholarships and bursaries to establishing a personalized bench, VC has a number of commemorative possibilities available.
Often, when a class celebrates a special reunion year, the classmates will make a class donation to Vancouver College. Gifts could include establishing scholarships and bursaries, purchasing new computers and providing other resources for Vancouver College.
Do you have a valuable collection of books or memorabilia? Are you able to donate equipment or other supplies that VC could use? If so, you could make a gift-in-kind donation. A gift-in-kind is a non-cash donation and includes items such as personal effects, artwork and real estate. VC will gladly accept any gifts-in-kind for which there is a use on campus. Once the gift is appraised, a donation receipt will be issued for the fair market value of the gift.
IMMEDIATE GIFT OF FUTURE INTEREST IN REAL ESTATE
By arranging a gift of a future interest in real estate to VC, you may increase your after-tax income now. You retain the right to live on the property for a period of years or for the rest of your life and continue to possess, use and enjoy the property as before. VC will immediately issue a donation receipt for the value of the future interest in your property. If the property is your principal residence, there is no taxable capital gain when the gift occurs. Upon your passing or at the end of an agreed-upon period, VC automatically becomes the full owner. The property is not part of your estate, resulting in lower probate and other estate-settlement fees in the future.
For more information, please email Ronith Cogswell, Director of Advancement , or call 604-261-4285 (269)
Disclaimer: The information provided above is general in nature and is not intended to constitute legal advise. Since each individual's financial circumstances are unique, consultation with a qualified professional advisor is recommended.