There are unique ways of planning your gift to the Building in Faith Capital Campaign, some of which offer increased tax benefits. More than one type of gift combination may also work well for you. We suggest all donors seek professional advice as to their own personal financial situation.

Cash
Cash donations to the Campaign are acceptable as outright or in the form of a pledge. Pledges are payable over a 3 year period. Typically, a first pledge payment is made in the year in which the pledge is signed; however an alternative pledge period can be tailored to your personal needs in consultation with the Campaign Office. Moreover, if your situation is such that an extended pledge period beyond three years is necessary, please bring this to our attention for consideration by the Campaign leadership.

In Kind
In Kind donations are at times the best way for a company to make a significant contribution to a building or renovation campaign. In Kind donations may be in the form of product or services. Each of these gifts is treated differently through Canada Revenue Agency. Charitable Tax receipts may be issued for donations of product, whereas, the gift of services cannot. If a Charitable Tax receipt is requested for gift of services, the donor must invoice the school for the value of the service; the school must then pay for those services which the donor then donates back to the school. If this process if followed, then a tax receipt may be issued.

Securities
Often a more tax effective way to make a major donation without the encroachment of liquid assets is via a gift of securities (i.e., stocks, bonds, mutual fund units and other securities), particularly those which have significantly increased in value since their acquisition. When making donations of appreciated property, it is best to give it directly to a charity rather than selling it first and giving the cash proceeds. When giving the actual security directly to the charity, Canada Revenue Agency allows the taxable portion of the gain (or the inclusion rate) to be zeroed. The  haritable tax credit amounts to 45% of the donated value and can be used to reduce other tax liabilities. This type of  ift can be easily transferred and processed by London District Christian Secondary School. We ask that you contact  he Campaign office first for our policies and procedures.