Ways to Give
Seed the future
When you support Okanagan College, you demonstrate the high value you place on access to education, academic achievement and commitment to community. Most importantly, 100% of your gift goes to students, programs or facilities that you designate.
Designate your gift to:
- A new or existing student scholarship, bursary or award
- Honour a friend, family member or organization
- Support a specific area of study
- Support a specific program or capital project at any campus
Make your donation with ease
Members of our Foundation team are pleased to work with you to create a gift that best suits your needs. We will also work together to provide you with the appropriate recognition that acknowledges the special relationship between you, Okanagan College and the Okanagan College Foundation.
Donations can be made through a variety of means and measures:
- One-time donations
- Monthly donations
- Gifts in Kind
- Legacy Giving
- Gifts of securities
Charitable tax benefits
The Okanagan College Foundation is a charitable organization so your donation entitles you to a tax benefit. You can calculate the benefits of making a donation by using the charitable donation tax credit calculator provided by the Canada Revenue Agency.
Also, new federal legislation means first time donors are also eligible to receive the First Time Donor's Super Credit. This can result in an extra 25 per cent tax credit for cash donations up to a maximum of $1,000. More information on this new Super Credit is available on the Canada Revenue Agency website.
Donation details, accompanying forms plus access to our online donation option, are available below.
Or contact the office and one of our development officers can help.
Toll-free at 1-888-650-6968, or email firstname.lastname@example.org.
Our Charitable Business Number is 86248 8194 RR0001.
Donations may be made as one-time gifts or over a period of time, through cash, cheque or credit card. Complete and submit the Okanagan College Foundation Donation Form (below), designating the area you wish to support. You can also donate online through CanadaHelps.
Setting up a monthly giving plan is as easy as completing the Okanagan College Foundation Donation Form (below), designating the area you wish to support and determining the monthly contribution that suits your financial plan. Installments can also be set up easily online through Canada Helps.
Donations of equipment, materials or other supplies provide tangible support for Okanagan College programs. Every year, thousands of dollars in goods, such as cars, lumber and other building materials are donated. These gifts are of great value and eligible for the same kinds of tax benefits and recognition as other gifts to Okanagan College. A gift-in-kind must be assessed before a charitable receipt can be issued for current fair market value. Initial arrangement for gifts-in-kind are made at the Department level, to ensure the donation is acceptable and will benefit learning.
Legacy Giving (also known as Planned Giving) is a way to make clear your intentions and ensure you receive significant tax and estate planning benefits that reflect your personal priorities.
There are no limits and no restrictions when it comes to legacy gifts – you can give regardless of your current assets or income. This gives you the freedom to support causes you believe in, often in ways you may not be able to accomplish during your lifetime.
Our planned giving experts can speak with you and your professional advisors about
- Donations of cash or securities
- Assignment of a life insurance policy
- RRSPs or RRIFs
- Annuities/Charitable Remainder Trusts
- Gifts of real estate and personal property
- Gifts of stocks and securities
We can also assist you with appropriate wording for your will, including adding an amendment or codicil to an existing will, and if you have already established an Okanagan College award, we can work with you to ensure that it is included as part of your estate plan.
Gifts of Securities
Many people hold various securities, including shares, bonds, mutual funds and stock options. When people choose to directly donate such funds from publicly trades securities to a registered Canadian charity (rather than selling the securities first, then donating the proceeds) there is an elimination of capital gains. The result is an immediate donation receipt for you for fair market value as of the date the Foundation receives those funds. We suggest you consult with your professional advisor before making a gift of publicly trades securities.
For more information on planned giving, email email@example.com, or contact us toll-free at 1-888-650-6968.