Legacy Planning

Securities

Stock, bonds & mutual funds

Giving shares of appreciated stock, bonds, mutual funds, and other securities can be an excellent way to make a gift to Olds College. Securities gifts are appropriate for:

  • Annual Fund contributions
  • Capital gifts (supporting projects such as the Werklund Agriculture Institute)
  • Endowment gifts (supporting student awards and/or program development)

Benefits of donating shares

  • Shares are easily handled and transferred to Olds College
  • Immediate Tax Receipt
  • Avoids probate and other estate costs if given prior to death of donor
  • Gifts of publicly-traded securities are eligible for a tax receipt for the fair market value of the gift.
  • Securities directly transferred to Olds College are subject to a lower capital gains tax than proceeds of securities given to Olds College

Transfer of securities

You can simplify the paperwork by instructing your broker to transfer securities from your account to the College's brokerage account.

Presentation of certificate

You may deliver the certificate(s) without any endorsement or signature to our office. A letter indicating how you would like the proceeds directed will ensure that we are able to reflect your values.

Endowments

Creating an endowment is making a gift that can continue to give forever. With a minimum $10,000 gift, the funds are invested, the principal remains intact and a portion of the interest is distributed to enrich:

  • Students through scholarships, bursaries and prizes
  • Academic programs

Benefits of creating an endowment

  • A lasting legacy of support for quality education in central Alberta
  • An endowment is a one-time investment that continues to give for years to come
  • Everlasting impact on the students of Olds College

The College will invest your generous gift and distribute a pre-determined portion of the annual interest to areas most in need or to those specified by you, the donor. Your gift will benefit students, industry and the community for years to come.