There are many ways to make a gift to the Fundy Community Foundation. With increasing demands for support it is important to take the time to determine how to make "the best gift"š the gift that provides maximum benefit to the community within one’s capacity to give.
The Fundy Community Foundation accepts the following gifts:
This information is intended to provide general examples for understanding the ways in which charitable gifts may be made to the Fundy Community Foundation. Every effort has been made to ensure the accuracy and currency of the information presented. Donors reviewing this information should consult with professional advisors for independent advise on the optimal way to achieve their objectives.
A very straightforward way of making a gift to the Fundy Community Foundation is by way of cash or cheque.This is an attractive form of gift for the donor who has cash readily available and wants to make an immediate donation. The Foundation is able to invest the donation immediately to generate funds to support charity. The donor enjoys immediate tax savings.
Gifting appreciated securities enables the donor to give the most to the Fundy Community Foundation for the least cost. Donating appreciated securities that are publicly listed to the Foundation allows you to eliminate capital gains and receive an immediate tax receipt for the market value of the securities. To donate securities, please complete this Share Transfer Authorization Form describing the securities you wish to donate.
A gift of life insurance, by either making the Foundation the owner and beneficiary of an existing policy or purchasing a new policy and making annual premium payments, has many benefits. It allows you to make a significant gift at a fraction of the value from your disposable income. You can provide for your gift now.Your annual payments are generally modest and eligible for tax credit, giving you annual relief on your income tax return.
A bequest in your will may specify a certain sum of money, a particular asset, ora portion of your estate, to be donated to the Fundy Community Foundation.You may specify that your bequest be used to establish a new fund in your name, be added to an existing fund or be added to a fund that you or your family have established during your lifetime.
Charitable Remainder Trust
This is an arrangement under which you irrevocably transfer property (cash,securities or real estate) to a trustee, usually a trust company. You retain the right to the income from the trust, either for life or for a specified term of years. At the end of that time, the residual capital is payable to the Fundy Community Foundation. Expert council is needed to complete this type of transaction.
Other Assets (property, art, royalty interests, closely held corporate securities, gifts-in-kind)
The Foundation will consider gifts of other assets on an individual basis because there are a number of factors to consider with each type of gift. Please contact the Foundation office if you are considering this type of gift.