Why a Legacy gift?

Including Shawnigan Lake School in your long-term financial or estate planning is an important decision. It’s one that encompasses more than financial goals and tax benefits. It’s about harnessing your passion to make a lasting impact on the people and places important to you.

Legacy gifts are as unique as the people whose passion and creativity inspire them to give. Whether you want to endow a scholarship for future students or give a boost to a particular program, legacy gifts provide meaningful support to Shawnigan while helping you achieve your own personal goals.

You may be surprised how big an impact you can make. Shawnigan offers a range of imaginative giving strategies that allow you to unleash your “inner philanthropist” while at the same time maximizing tax advantages and financial flexibility.

Legacy giving to Shawnigan can be tailored to your own unique financial circumstances. Your advisor, lawyer or tax planner can help you find the way that works best for you and your family.

Legacy gifts are as unique as the people whose passion and creativity inspire them to give.

Types of Legacy Gifts

List of 5 items.

  • Bequests

    Naming Shawnigan as a beneficiary of your Will can, when properly planned, reduce the rate at which your estate is taxed. You may make a charitable bequest of a specific dollar amount, a percentage of your estate or the remainder of your estate after planning to care for your family and friends.
  • Life Insurance

    A gift of life insurance is a simple and straight forward way to make a commitment now that allows for a significant gift in the future. You also receive a charitable tax receipt for the premium payments.
  • Charitable Gift Annuities

    Charitable gift annuities enable you to make an immediate gift to Shawnigan and receive guaranteed income for life.
  • Charitable Remainder Trusts and Gifts of Residual Interest

    You and other beneficiaries can receive income for life or for a set number of years. Donors will receive an immediate charitable income tax deduction, immediate income and relief from tax on capital gain. When the trust expires, the assets remaining in trust go to support the mission of Shawnigan Lake School.
  • Gifts of Shares

    If you own publicly traded securities (ie. stocks, bonds, mutual fund units or shares) that have appreciated in value, it may be advantageous to donate them directly to Shawnigan, rather than cashing them and making a donation. Why? If you donate the securities directly to Shawnigan, you don’t pay capital gains on the appreciated value of the shares, and you receive a charitable tax receipt for the value of the shares.

Blog

List of 1 members.

  • Hilary Abbott 

    Advancement Associate
    250-743-6236
    Bio
Shawnigan Lake School is an independent boarding school for Grades 8-12 on Canada's West Coast. Our modern, diverse and innovative programming helps shape the next generation of global leaders.