Together, opportunities expand
WAYS OF GIVING
Ashbury is a non-profit organization and registered charity. Tuition covers the basic operating expenses of the school; however, in order to continue to provide an exceptional educational experience, respond to emerging priorities, and provide needs-based financial assistance to more than 10% of current students, Ashbury College relies on philanthropic support from our community. All donations to Ashbury are a statement of support for the school’s mission. Your gift has a meaningful, direct, and immediate impact on the lives of our students, supporting academics, athletics, arts, clubs and increased opportunities for students and faculty.
GIFTS OF CHEQUE/CREDIT CARD
Donations made by cheque or credit card can be made in support of Ashbury College. Donations can be made through our website or by mail:
362 Mariposa Avenue, Ottawa, ON K1M 0T3 www.ashbury.ca/give
• Does your company have a matching gift program? Companies of all sizes will often match donations their employees make to non-profit organizations. A matching gift can double the impact on our students!
• Donations are eligible for a charitable tax receipt.
GIFTS OF STOCKS AND SECURITIES
A charitable gift of appreciated securities is a tax-effective way to support Ashbury.
• The donor makes a gift-in-kind of eligible securities directly to Ashbury College and receives an immediate tax reduction for the fair market value of the securities on the date of transfer.
• The donor’s gift is exempt from any capital gains tax.
• Ashbury College sells the securities and directs the proceeds to the school’s strategic priorities (or per donor’s designation).
AMERICAN DONORS
Would you like to receive an American tax receipt? Ashbury College is pleased to partner with FRISBE (Friends of Independent Schools and Better Education).
• American donors can forward gifts directly to FRISBE, and will receive a charitable gift receipt that can be used when preparing their U.S. taxes.
• www.frisbe.org/credit-card
LIFE INSURANCE
A gift of life insurance can be an effective way to turn small monthly premium payments into a significant gift.
• Generally, there are three categories for donations of life insurance:
1. Apply for a new policy, naming Ashbury College as the beneficiary.
2. Donate an existing policy.
3. Donate a paid up policy that the donor no longer requires.
• As there are a variety of options when considering a gift of life insurance, there are also charitable tax benefits associated with each type.
WILL OR TRUST
Planned giving is an opportunity to leave a legacy of lasting impact that reflects one’s values.
• Making a gift in one’s will is simple and the donor still retains control of their assets. Donors can change their will or bequest at any time.
• Naming Ashbury College as a beneficiary of one’s will can, when properly planned, reduce the rate at which one’s estate is taxed.
• Leaving a gift of a registered plan, such as an RRSP, RRIF, or TFSA, designating Ashbury College as the named beneficiary, is another option.
• Donors who inform Ashbury College of their planned gift will be ushered into Ashbury’s “Legacy Society”.
Note: This information is not intended to provide any financial, legal or tax- related advice. You are encouraged to seek independent professional advice from a qualified accountant, lawyer, or financial advisor to ensure proper planning and donation administration.