There are many creative ways you can give to Ambrose University College that will result in immediate benefits to the recipient. Before making a gift, it is advisable to consider your charitable objectives, the types of assets you own, and your tax situation to ensure that you are making a wise choice in how you give. Ambrose can accept outright cash donations, as well as the following current gifts:

• Gifts of Securities
• Gifts of Life Insurance
• Gifts of RRSPs, RIFs

Gifts of Listed Securities

Making a gift of securities (including equities, bonds, futures, and mutual fund units) or property that have appreciated in value, make a wiser gift can be more cost-effective than donating an equal amount of cash. For instance, the Canada Revenue Agency (CRA) allows the transfer of securities directly to Ambrose with a reduction in capital gain liability-the taxable gain of 50% is reduced to 0 % for charitable gifts of securities. This means that the value of the gift is maximized because you are now able to give to our schools funds that would have been paid in taxes.

Options for making a Gift of Securities:

1. Electronic transfer of securities from donor's brokerage account to the Ambrose brokerage account. This is the easiest way to make a gift of securities as you simply instruct your broker to make an electronic transfer through a letter of authorization. You will receive a charitable donation receipt for the fair market value.
2. Donor endorses the securities certificates to Ambrose.

Outright Gifts of Real Estate

It is not unusual for people with rental properties or vacation homes to face sizeable capital gains taxes when these properties are sold. Donors of real estate will receive the same capital gains tax advantages as outlined in the section on donating Listed Securities. Only 0% of the capital gain will be taxed at a donor's marginal rate of tax when the property is donated to the schools. A charitable receipt is issued for the fair market value of the property.

Gift of Life Insurance

Life Insurance is an easy and accessible means of supporting Ambrose. By making a gift of life insurance, you ensure that Ambrose will receive the death benefit of the policy. You can donate an existing policy, a new policy, or even name Ambrose as a beneficiary of a new policy.

Your gift will generate significant tax savings which you can benefit now or reduce the taxes payable by your estate. In addition, life insurance is not subject to probate fees or delays in settlement.

Gift of RRSP/RIF

A gift of registered retirement or investment funds allows you to make a significant donation to the Ambrose while arranging important tax savings for your estate. By naming Ambrose as the beneficiary of one of your registered savings plans, you can make a charitable donation that will benefit Christian higher education.

Reducing Estate Tax By Naming Ambrose as a Beneficiary

Naming Ambrose University College as the direct beneficiary of part of your estate rather than a cash amount from the estate reduces the tax on the gifted portion to zero. The net effect is an overall reduction of the estate taxes.

For further information about planned giving please contact Harry Huebner at 1.306.586.0325 (Regina home office) or hhuebner@ambrose.edu.