Outright gift of land. Based on appraised value. Donor may continue to live there.
Covenants on land. Future use is restricted to protect natural values. Ownership is not relinquished. Trust does annual inspections.
Bequests. Donations by Will may be a specific property or a specific amount or a % of net estate or the residue after other specific bequests.
Commemorative gifts and endowments. The Trust has an endowment fund with the Central Okanagan Foundation.
Gifts of cash. Gifts of cash may be made in support of specific preservation projects of the Trust.
Gifts of securities. Rather than selling the securities to donate the proceeds, there are advantages to donating the actual securities.
Gifts of existing life insurance. The Trust may be made the beneficiary and owner of a policy now, or the beneficiary of a policy upon death.
Gifts of new life insurance. Donors may choose to take out new life insurance, pay the annual premium and make the Trust the owner and beneficiary of the policy.
Gifts of items of value. Property, such as works of art, may be given to item.
Donors will receive a receipt that may decrease their income taxes payable by
about 40% of the value of the gift (check with your
advisor). Contact:
250-769-4541