ON LINE DONATIONS NOW POSSIBLE. People who like doing business "on line" will be happy to learn that the West Vancouver Community Foundation has linked up with CanadaHelps.org to make donating really easy. | The advantages to using the on-line donation method are its convenience, and the fact that the written request to have the donation endowed in perpetuity is not necessary. The Canada Revenue Agency supports this method of making gifts to your community. West Vancouver Community Foundation - CRA # 13217 1679 RR0001 |
The West Vancouver Community Foundation provides a vehicle for interested donors to support specific charities, fields of interest, or the general welfare of our communities forever. A memorial tribute made to the Foundation not only honours the loved one but can support their causes annually. Donations to the West Vancouver Community Foundation are held in a permanent capital fund, the earnings on which support projects in West Vancouver in perpetuity. All donors are recognized in the reports and records of the Community Foundation unless they request anonymity. The Community Foundation manages its funds carefully, employing a conservative investment strategy. Ways to Give Gifts of Cash - A very popular way of making a gift to West Vancouver Community Foundation is by cash or cheque. This is an attractive method for a donor who has cash available and who wants to make an immediate donation. West Vancouver Community Foundation is able to invest the donation immediately to generate income to support community projects. The donor is provided with a receipt for income tax purposes. Gifts of Appreciated Securities - A gift of publicly traded securities can be an attractive option. The Income Tax Act provides that donors who give such securities to a registered charity are required to include for tax purposes only one half of the capital gains otherwise applicable. The donor will receive a tax receipt for the value of the stock at the time of transfer, and may carry forward for up to five tax years any unused portions of the gift. Please talk to a director, your professional advisor, or broker to make stock transfers easily. Gifts of Life Insurance Policies - Donors may name West Vancouver Community Foundation as the owner and beneficiary of a new or existing life insurance policy. Tax receipts are given for either the cash surrender value of an existing policy, or for premiums paid. This is one of the most popular “planned giving” vehicles. Because there are several options available, please talk to your professional advisor for help in making this gift. Gifts by Will - A donor may provide for a gift to the community in his or her will. There can be considerable tax advantages when charitable gifts are included as part of an estate plan. Please talk to a director, your lawyer, or other professional advisor to simplify the process and maximize tax advantages. A charitable tax receipt will be issued for all donations over $25.00. | 
