Join Us in Leaving a Legacy for your Community.
Your Community Makes You and You Make Your Community.
A donation to BC Interior Community Foundation will provide sustainable funding for the community and causes you love – forever.
Learn more with the resources on this page, or connect with us today – call 250.434.6995 or email firstname.lastname@example.org.
Five Great Giving Options - Learn More About Different Fund Types
Five great giving options. Choose the one that’s right for you.
Unrestricted Funds. You can use your gift to meet ever-changing community needs – including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being – arts and culture, education, environment, health and social services, youth, and more. The flexibility of your unrestricted gift makes it possible to respond to the community’s most pressing needs, today and tomorrow.
Field of Interest Funds. You can target your gift to address needs in an important area of community life. The arts. AIDS. Aging. At-risk youth. You identify your personal interest area when making your gift; our board awards grants to community groups and programs that are making a difference in the area you select.
Designated Funds. You can direct your gift to a specific charity or issue area. Help provide ongoing funding for a senior centre, museum, your church, or virtually any nonprofit charitable organization. You identify the recipient you wish to benefit through your gift; our staff manages the annual distribution of funds.
Donor Advised Funds. You can have ongoing involvement in the use of your gift. You work with our professional grantmaking staff, identifying ways to use dollars from your Donor Advised Fund to address the issues and needs you care about most. Your recommendations are submitted to our board for approval; we then distribute grant dollars. Here’s a great article about Donor Advised Funds.
Agency Endowment Funds. An attractive option for local charities that currently manage, or are interested in establishing their own endowment fund. An Agency Endowment Fund through your local community foundation makes it easy and efficient to create and manage a permanent endowment for your organization. You build the fund. We take care of the rest.
There are Many Ways to Give - Learn More about Giving Methods
A variety of giving methods tailored to your unique situation.
Outright Gift. You can make a gift of cash, stocks, bonds, real estate, or other assets to your community foundation. Your gift qualifies for maximum charitable benefit under federal law.
Appreciated Securities. You can give appreciated securities to your community foundation to eliminate capital gains tax and get an immediate tax receipt for the market value of those securities.
Bequest. You can designate a gift or portion of your estate to your community foundation and, in some cases, receive a substantial reduction in federal gift and estate taxes.
Life Insurance. You can designate the community foundation to receive a portion or all or of the proceeds from your life insurance, reducing your estate taxes, or you can transfer the policy to the foundation’s name and receive an immediate tax receipt for the cash surrender value.
Charitable Remainder Trust. You can place cash or property in a trust that pays annual income to you (or another named beneficiary) for life. After your death, the remainder of the trust transfers to your community foundation, and is placed in a charitable fund you’ve selected. You receive income tax benefits the year you establish your trust.
There's a Correct Method to Wording - Learn More about how to Write Will Clauses
We’re Here to Help
Preparation is important – especially when it comes to your final wishes. A well prepared, up-to-date Will ensures your legacy will live on by providing financial security for your family. Did you know that Charitable Giving through your Estate can provide significant tax savings? When you include a gift to the BC Interior Community Foundation, you are not only reducing expenses that loved ones need to pay on your behalf, but you are also making a lasting contribution to your community.
You can help your community create a better tomorrow with a gift in your Will. Call our office today to learn more about how to word a bequest in your will – 250.434.6995.
Bequests and Sample Wording
When you leave a charitable bequest, your Will can specify a specific dollar amount, a percentage of your Estate, or a gift of the residue, which consists of whatever remains in your Estate after all expenses have been paid, and gifts to your loved ones have been dispersed.
The following sample Will clauses provide a few options for charitable giving at the BC Interior Community Foundation through your Estate. There are many ways your legacy can be structured – we encourage you to talk to your family, lawyer and contact us to find out more.
Legal Name: British Columbia Interior Community Foundation Our Address: 2-219 Victoria Street, Kamloops, BC, V2C 2A1
Give where the Need is Greatest
At BC Interior Community Foundation, we know that the world is changing at a rapid pace, and the causes and concerns of today may be solved tomorrow. When you give where the need is greatest, you support changes in our communities.
To give where the need is greatest:
To give [ $___ / ___ % / the residue ] of my Estate to British Columbia Interior Community Foundation, charitable registration #11897 7107 RR 0001, to establish a fund known as the ___________________, the income of which shall be paid for general charitable purposes in conformity with the objectives of British Columbia Interior Community Foundation.
Give to a Charitable Cause Closest to Your Heart
When you write your Will, you may want to focus your giving to a specific cause, but be unsure which charity that exists today may be leading the way in the future. BC Interior Community Foundation offers a solution to this by ensuring your cause will remain funded, even if the charities continuing the work of this cause change. When you donate to a charitable cause, we ensure that your support helps fund charity projects that reflect your cause. Project grant applications will be invited from charities across our geographic region and funding will be distributed based on guidance by skilled volunteers on our Grant Committee who offer their expertise to the BCICF.
BC Interior Community Foundation offers the following charitable causes to choose from: Arts & Culture, Children & Families, Education, Environment, Recreation, Heritage, and Seniors.
To give to any one or more of these charitable causes:
To give [ $ ____ / _____ % / the residue ] of my Estate to BC Interior Community Foundation, charitable registration #11897 7107 RR 0001, to establish a fund known as the ___________________, the income of which shall be paid for general charitable purposes, having regard to my interest in _________________[ insert one or more of the above listed charitable causes].
Give to Your Favourite Charities
At BC Interior Community Foundation, an endowment fund can support one or more of your favourite charities. Your annual giving will then continue, long after you are gone, helping your favourite charities to stabilize and plan for the future. We recommend that you contact us in advance to ensure that the charity’s name is correct and that it is in good standing. Should any of your chosen charities cease to exist, BCICF will select a similar charity with a similar charitable purpose.
To give to your favourite charities:
To give [ $ ____ / _____ % / the residue ] of my Estate to BC Interior Community Foundation, charitable registration #11897 7107 RR 0001, to establish a fund known as the ___________________, the income of which shall be paid to _______________________ [list designated charity or charities, & their charitable registration number].
Give to An Existing Fund
BC Interior Community Foundation acts as Trustee to more than 200 endowment funds, established by individuals, families, corporations, and charities. Many of our donors establish a Fund during their lifetime in anticipation of a future bequest gift, as it provides peace of mind and flexibility for their Estate planning. There is no minimum amount to make a gift to an existing fund. We recommend that you contact us in advance to confirm the proper fund name.
To give to an existing fund:
To give [ $ ____ / _____ % / the residue ] of my Estate to BC Interior Community Foundation, charitable registration #11897 7107 RR 0001, to be added to the ____________________Fund [insert exact Fund Name – contact us for the exact Fund Name].
Talk to Us
We encourage you to contact us, to find out more about how BC Interior Community Foundation can support your legacy vision. There are many options that we’d be happy to explore with you. If you choose to let us know about your legacy gift, we can offer assurance that your wishes can be fulfilled.
Please contact us at 250.434.6995 or email email@example.com for more information on Planned Giving. We appreciate your support of A Better Tomorrow for Our Community.