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Donate

Without support from the community, scholarships, bursaries, awards, programs, and activities would not exist.  On behalf of the students of School District 68, we thank you for considering a donation.

If you would like to make a donation to help our students reach for tomorrow; there are several options.  For more detailed information, contact Executive Director Erin van Steen by email evansteen@sd68.bc.ca or by phone 250 753-4074.

Donation Options

Student Support Fund - helping students who are most in need.  Donations for this fund will go directly to high school principals to use for the highest priority needed of vulnerable students at their schools.  These will include food programs, clothing, transit passes, and equal-opportunity sports and arts participation.

In Kind Donations  - services provided to the foundation at reduced or no cost

Staff Donations - monthly deductions from paycheck; $100 retirement gift from district can be donated to the foundation

Celebrate a Life - memorials for loved ones can be set up for future generations

Annual pledges - Many of the foundation's donors contribute on an annual basis.The society ensures you receive an annual reminder at a pre-determined time of year, and confirm that your pledge is going to the purpose you intended, and that your tax receipt is returned to you promptly.

Gifts of stock or securities - There are definite tax benefits to making donations of publicly-traded stock or units of mutual funds to the society, rather than cashing them and donating the proceeds.  Revenue Canada has now removed the capital gains tax on gifts of qualified stock to charities, making this an even more attractive medium for philanthropy and tax relief.  The foundation receives the gifted stock in one of the holding accounts at major financial institutions, and credits you with the value of the stock on the day of the transaction.

Endowments - An endowment is a permanent fund invested by the Nanaimo-Ladysmith Schools Foundation with the annual dividend used to benefit a student with an award.

Making a bequest in your will - Everybody should have a will, and making a bequest to a charity is a traditional way of passing on some benefits from one's life to succeeding generations.  Consult with your lawyer about the legal and tax implications for a charitable bequest in your will.  In general your estate can claim the full value of your bequest in the year of your passing. 

Should you consider the Nanaimo-Ladysmith Schools Foundation in your will, the foundation would like to know of your intentions so we can ensure it will be implemented as you plan.

Donating a life insurance policy - Donating a life insurance policy to the society offers the unique potential to eventually create a significant future gift, often much greater than an individual or family would normally be able to achieve.  The annual premiums on a donated policy are also tax-deductible.  Assigning an existing policy to the foundation means the paid-up value is also a tax-deductible gift.  Together these make a donated life insurance policy a very effective way of creating a major gift for the future legacy while enjoying ongoing tax relief.

Charitable remainder trust - Like the annuity, a trust enables you to make a planned gift for the future while you enjoy tax benefits in your lifetime.  You designate capital, stock or other income-producing assets, or even real estate as a future commitment from your estate to the foundation.  You continue to receive the income or live on your property, with an immediate tax receipt for the future gift.

Pledge Form

                                                                     For every donation, a tax receipt will be issued