Planned Giving Programs - "Because We Believe"
The decisions we make may have a profound impact
on our lives and those around us. Many individuals have generously
donated both time and financial resources annually to Villanova
College, which has been invaluable. Leaving a legacy after
a lifetime of working and saving can provide for long-term
security of those people and charities that we care about.
The different ways that you can plan a gift to
Villanova College, depending on your specific circumstance
include:
VC Bequest
Make a gift of cash or property by including St. Thomas of
Villanova College as a beneficiary in your Will. It is an
easy option to arrange and has great tax advantages. To have
your estate handled according to your wishes, you should have
a will. Please consider having Villanova included.
VC Gift-In-Kind
This is the gifting of properties including such items as
real estate, securities, artwork, jewelry or collectibles.
Your item would be subject to an independent appraisal, at
which time Villanova could issue a tax receipt.
VC Life Insurance Option
You can consider a larger gift by naming St. Thomas of Villanova
College as the owner and beneficiary of a new or existing
life insurance policy. The premiums you pay qualify as a tax
credit. When you transfer ownership of an existing policy
to Villanova, you would receive a tax receipt for the cash
surrender value of the plan. This would be separate from your
estate and have no effect on your assets.
VC Endowment Fund
This is a donation that is invested, with the earnings from
the principal used to support Villanova’s operations
and development. You can designate a specific area that you
would like to see your funds utilized or let Villanova decide
the current need. This could include specific departments,
scholarships, facilities, arts or athletics. Your gift could
be named in your honour or someone of your choosing in recognition
of your support.
VC Charitable Remainder Trust or Gift Annuities
In this case, your gift of property or cash would be used
to establish a trust or annuity. You receive the income from
the trust or annuity, which you would determine the terms
at the time it is established. You would get a tax donation
receipt for the remainder. Villanova would receive whatever
remains in the trust or annuity after your death.
VC Monthly Giving Program
An option is for you to consider giving regularly through
our monthly giving program. You determine how much you are
comfortable giving each month and authorize Villanova to deduct
it automatically from your banking account or your Visa or
Mastercard. It is an easy process and your can cancel or change
the amount at any time.
VC Listed Securities Donation - No Capital
Gains Tax
You can now make a gift of listed securities to Villanova College,
and any capital gains on the securities donated is tax-free, but you would still get a full donation receipt.
The Federal Government has eliminated taxes on capital gains of eligible stocks
if they are donated to registered charities.
This is a great way to donate and do some tax planning at the same time
Please consider St. Thomas of Villanova College
as you can make a world of difference in the lives of our
future leaders. We are committed to providing the best educational
and life foundation for our students but we need your help!
For further information on any of the following planned giving platforms,
please call us at Villanova to discuss:
- Bequest
- Gift-In-Kind
- Life Insurance Option
- Endowment Fund
- Charitable Remainder Trusts and Gift Annuities
- Monthly Giving Program
This is provided as general information, and should
not be taken as formal tax or legal advice. Donors should
consult with their legal, accounting and/or financial advisors
prior to taking any action.
For details about how you can show your “belief”
in St. Thomas of Villanova College, its future and how you
can leave a legacy, please contact:

Stephen Morris
Director, Business Development Office
Telephone: 905-833-1909 ext. 363
Email: smorris@villanovacollege.org
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