Donation Opportunities At Fleming College
Types of donations and ways to give
The Fleming College Foundation is committed to assisting donors in structuring their gifts to meet their personal objectives. Planned giving, because of its flexibility and tax advantages, is increasingly the giving option of choice.
The college welcomes and encourages donations of all kinds.
Gifts of Cash
Gifts of cash can be designated for a specific program or project, or they can be unrestricted. Donations without restrictions allow the college to respond quickly to new ideas, initiatives and needs.
Gifts-In-Kind
These gifts take many forms - equipment, books and real estate for example.
Gifts of Securities
Securities are the most tax effective way to make a gift. Gifting an appreciated security will totally eliminate any capital gains tax while still allowing you to receive your tax credit.
Endowment Funds
Endowment funds can be established with a minimum investment of $6250.00. Funds are established in perpetuity to meet long-term needs.
Planned Giving
Planned gifts are generally gifts from one's assets that occur upon death. They are also flexible arrangements and can be designed to provide lifelong income to the foundation, while generating gift receipts and significant income tax benefits now. Planned gifts range from bequests of appreciated property to balances of RRSP’s or RRIF’s.
Bequests
Often referred to as "deferred gifts" or estate gifts, bequests are specified in a donor's will.
Charitable Life Insurance
A life insurance policy naming Fleming College as the owner and beneficiary allows the donor to make a significant future gift to the college for only pennies on the dollar and provides substantial tax benefits.