There are many reasons to give.
Some people want to say thank you. Life has been good to them, and this is a chance to give back to the community that enriched their life.
Others give because they want to feel part of something bigger. They want to have an impact, or they give to create something that will last beyond our lifetime.
Some want to support a very specific part of their community, such as arts, social programs, or the environment.
Some want to teach their children about the importance of philanthropy.
Others want to memorialize a loved one who has passed away.
Most give because it feels good.
Whatever your reason, Bowen Island Community Foundation offers convenient giving options that will align your charitable intentions with your values, life experience and interests.
You don’t need to be wealthy to make a difference. Creating compassionate, caring and livable communities doesn’t necessarily require enormous funding initiatives— just thoughtful, committed people—people like you.
Why choose the Bowen Island Community Foundation?
The Bowen Island Community Foundation is the only local option to create an endowment fund for the benefit of the local community for all the generations to come.
Your gift will be prudently and expertly managed by the Vancouver Foundation‘s professional fund managers. The Vancouver Foundation, with over $1 billion in their consolidated trust fund, works to preserve the principal of your gift and generate investment returns that will result in grants for the Bowen Island community. See Vancouver Foundation’s Investment Policy. By pooling all the gifts from donors in the wider community, the Foundation is able to offer the advantage of reduced fund management fees.
The Bowen Island Community Foundation is able to create many different types of endowment funds. Funds may be created in the name of the donor or in honour of someone or something that holds meaning for the donor. Please contact us for sample fund agreements and more information about how to create your own fund.
The foundation also offers flexible gift options to donors.
Donor directed grants
In some cases, donors ask to flow their charitable giving through the Foundation rather than contributing to or setting up a permanent endowment fund. This happens for a variety of reasons as varied as the donors. It can simply be a small gift to top up the annual granting of a fund, or a desire to remain anonymous as a donor in the community.
In recent years flow through donations have supported these projects:
- enhanced computer technology at the Bowen Island Library
- the unexpected budget shortfall when the BC government decreased lottery funding to the Bowen Children’s Centre
- construction of a kitchen at Tir-na-nOg Theatre School
- augmenting the music program at the Bowen Island Youth Centre
- buying a composter and vegetable garden for the Bowen Children’s Centre
- buying a heat sensing camera for the Bowen Island Fire Department
There are many ways to give
By credit card
Make a one-time or re-occurring donation online to Bowen Island Community Foundation using any major credit card. Please note that an official tax receipt will only be issued under the cardholder’s name.
Please make your cheque payable to Bowen Island Community Foundation. In the case of a gift to one of our Donor Directed Funds please include a note with the name of the Fund. Cheques may be addressed to:
P.O. Box 18
Bowen Island, BC
Canada V0N 1G0
Gift of securities
You may donate stocks, bonds, mutual funds or other publicly-traded securities and realize capital gains tax savings. You’ll receive a donation receipt for the fair market value of the securities the day they are received by Bowen Island Community Foundation.
Gift of real estate
Gifts of real estate enable donors to make a bigger charitable difference than they thought possible. If given as a bequest it can reduce estate taxes and minimize or eliminate a burden placed on heirs.
Gift of insurance
If you own an existing life insurance policy you may consider donating it to charity. Donations of existing life insurance policies to registered charities are typically receipted at fair market value. This valuable gift to charity can lead to significant tax savings.
Leaving a gift of assets through your will means you can support the causes and issues you care about for the future. You may designate a specific sum of money, or a particular asset, or a percentage or residue from your estate, and create impact well past your lifetime.
Your donation is tax deductible
Donations to the BICF are tax deductible. We issue tax receipts for donations over $20 unless otherwise stipulated by the donor.
Prospective donors are encouraged to contact us or talk with any of our Directors to discuss the full range of opportunities for charitable giving through the Bowen Island Community Foundation.