Give to the Foundation
Make a real difference in the lives of our students
Thanks to our donors, the Schools Foundation is able to provide scholarships, bursaries, awards, and student support programs. On behalf of students of Nanaimo Ladysmith Public Schools, we thank you for your financial support.
There are several ways to give. For more detailed information, please contact Executive Director Erin van Steen email@example.com 250.753.4074.
-- Our charitable registration number: BN#11905 2801 RR0001.
-- Canada Revenue Agency: financial information about us.
-- Donor Bill of Rights
First Time Donors: you may qualify for the federal government's First-Time Donor's Super Credit - http://www.cra-arc.gc.ca/gncy/bdgt/2013/qa01-eng.html
Ways to Give
Student Support Fund - to help students who need support due to poverty issues in their homes. The fund will aid principals and teachers at elementary and secondary schools to meet identified, immediate needs of vulnerable students. Needs may include lack of food, clothing, shoes, glasses, bus passes, equal-opportunity sports and arts participation.
Scholarships, Bursaries and Awards - to encourage deserving graduating Grade 12 students to pursue post-secondary education. Donors receive a tax receipt, have an opportunity to promote their professional field, and are kept updated on the activities of the Foundation. All donors of financial awards over $500 are invited to personally present their award to the winning student at the District Honours Night at The Port Theatre.
In Kind donations - to provide goods to the Foundation at reduced or at no cost.
Staff donations - to make donations through payroll deductions; retirement gifts from the school district can also be donated to the Foundation.
Celebrate a Life - to establish a memorial fund to honour a loved one and help future generations.
Monthly giving - to give monthly without having to write cheques. When you complete a pledge form, we will make automatic withdrawals from your account on the 15th of each month.
Annual pledges - to contribute funds on an annual basis. The Foundation will send an annual reminder, at a pre-determined time, and confirm that your pledge is going to the purpose you intended, and will issue you a tax receipt promptly.
Gifts of stocks or securities - to donate publicly traded stocks or units of mutual funds (rather than cashing them and donating the proceeds) to the Foundation will provide you with definite tax benefits. Canada Revenue Agency 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 - to establish an endowment allows a donor to honour a loved one or a respected colleague or mentor, giving a permanent reminder to others of this special person. It is a permanent fund that will be invested by the Nanaimo-Ladysmith Schools Foundation with the annual dividend used to benefit a student with an award.
Bequest in your will - to make a bequest through a will 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.
Life insurance policy - to donate a life insurance policy to the Nanaimo-Ladysmith Schools Foundation 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 - to set up 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.
For every donation of $20 or more, a tax receipt will be issued.