Legacy Giving

Lester B. Pearson Legacy Society

Support Pearson College with an estate gift 

We invite you to join the many distinguished founding members of the Lester B. Pearson Legacy Society, who have included Pearson College in their wills. Estate giving to Pearson College offers you tax and estate advantages while perpetuating the ideals and values upon which the school was built. 

Below you will find information about the various forms of legacy gifts and some of their tax advantages. Learn more in our Legacy Giving Brochure

If you have decided to leave Pearson College a gift in your will, we would be grateful if you would let us know. Please be assured that this notification is not binding in any way and will be kept in the strictest confidence. It will allow us to thank you and to recognize you as a member of the Lester B. Pearson Legacy Society along with our most committed and valued supporters.

For more information please contact us at advancement@pearsoncollege.ca or 250-391-2494.

 

 

 

Bequests

Bequests

Leave a legacy to Pearson College in your will. A bequest is the most straightforward and popular way to make a legacy gift to Pearson College and substantially reduce the taxes owing on your estate.

Here’s more information about making a bequest to Pearson College: Bequests Info Package

Sample Bequest Language

If you decide to leave a gift to the College in your will, we suggest you contact a lawyer or notary to advise you on what type of bequest is best for your personal situation. Here are some examples of wording you might use in your will for different types of bequests.

For a specific bequest:
I give Lester B. Pearson College of the Pacific and United World Colleges (Canada) Inc., located at 650 Pearson College Drive, Victoria, British Columbia, Canada, and with the charitable registration number BN 11901 8042 RR0001, the sum of (list DOLLAR AMOUNT, ASSET OR PROPERTY) for its sole use and purposes.

For a residual bequest:
I give Lester B. Pearson College of the Pacific and United World Colleges (Canada) Inc., located at 650 Pearson College Drive, Victoria, British Columbia, Canada, and with the charitable registration number BN 11901 8042 RR0001, _____ percent residue of my estate for its sole use and purposes.

For a designated bequest or endowment:
I give Lester B. Pearson College of the Pacific and United World Colleges (Canada) Inc., located at 650 Pearson College Drive, Victoria, British Columbia, Canada, and with the charitable registration number BN 11901 8042 RR0001, (list DOLLAR AMOUNT, ASSET OR PROPERTY or _____ percent residue of my estate). It is my preference that this gift be used for (NAME PROGRAM OR PROJECT OR ENDOWMENT FUND).

Life Insurance

Life Insurance

A legacy gift of life insurance allows you to turn relatively modest installments into a major philanthropic gift that will benefit Pearson College well into the future, especially if you begin at a young age.

Here’s more information about making a gift of life insurance to Pearson College: Life Insurance Info Package

Retirement Funds

Retirement Funds

Retirement funds – RRSPs, RRIFs and TFSAs – are one of the best ways to grow wealth during your lifetime, but one of the worst ways to transfer wealth to the next generation because they are taxed heavily. Donating your remaining RRSP or RRIF is a tax-effective way to transform these assets into a substantial gift to Pearson College and reduce the tax burden on your beneficiaries.

Here’s more information about making a gift of a retirement fund to Pearson College: Retirement Funds Info Package 

Stocks, Bonds or Mutual Funds

Stocks, Bonds or Mutual Funds

Donating publicly traded securities allows you to make a significant gift to Pearson College, while at the same time eliminating capital gains and receiving a charitable donation tax credit.

Here’s more information about making a gift of a retirement fund to Pearson College: Securities Info Package

Real Estate and Gifts in Kind

Real Estate and Gifts in Kind

A gift in kind is a non-cash donation to Pearson College that can include personal effects, works of art and real estate. It’s a personal and meaningful way to give, and it provides your estate with a valuable tax receipt.

Here’s more information about making a gift of a real estate or gift in kind to Pearson College:
Gifts in Kind Info Package

Charitable Annuities 

Charitable Annuities 

With a charitable gift annuity, you can make a gift to Pearson College and at the same time receive an income for life.

Here’s more information about makin
g a charitable gift annuity to Pearson College: Charitable Annuity Info Package

Charitable Remainder Trusts

Charitable Remainder Trusts

When you set up a charitable remainder trust, you gift cash, appreciated stocks, real estate or other assets to Pearson College and still retain use of those assets for the rest of your life or that of your beneficiaries. It’s a flexible way to make an estate gift and receive a tax credit right away.

Here’s more information about making a gift of a charitable remainder trust to Pearson College: Charitable Remainder Trust Info Package

Endowments and Designated Gifts

Endowments and Designated Gifts 

Endowments are intended to last in perpetuity. We can help you set up one in your name or in the name of a friend or loved one.
If you are considering making an endowed gift, please contact Susan Dubé, Senior Manager Philanthropy & Legacy Giving, at 1-250-391-2643 or via email at: sdube@pearsoncollege.ca.

Here’s more information about endowments at Pearson College: Endowment Info Package