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Gifts of appreciated stocks, bonds and mutual funds may create significant tax savings. Donors do not pay capital gains tax on the appreciation of their shares. Find out more.

Future gifts to the University include charitable bequests provided in a will, gifts of new or existing life insurance policies, and gifts of retirement funds. Although you plan these gifts now, the University receives them at some time in the future. Knowing about the existence of these gifts gives us the opportunity to thank you. Find out more.

Your charitable donation to Saint Paul University is tax creditable. Calculate your tax credits using CRA’s online tax calculator.

• Gifts that Give Back
• Bequest: Why Make a Will?
• What Happens Without a Will?
• Gift of Life Insurance
• Charitable Trusts
• Reinsured Charitable Gift Annuities

Gifts that Give Back

You can make a major gift to Saint Paul University and retain your financial security through retirement with gifts of charitable remainder trusts, residual interest arrangements and charitable gift annuities. These are life income plans that provide you with the opportunity to support the University while preserving income for you or your family.

Bequest: Why Make a Will?

• When you die, everything you own will be transferred to others.
• You work hard all your life to accomplish a nice life for your family, self and community — you invest time and money to make things the way you feel they should be. It is important to decide where you want your belongings, or “estate”, to go, such as to family members, friends, and organizations that you wish to benefit.
• You will want to express who should look after your minor children (guardian).
• You will want to express who should look after your “estate” or be your executor (or liquidator, in Quebec).
• A will may reflect your values in life and enable your work to continue after your death.
• In a will you can make statements but have the ability and right to change them as necessary.
• Provides financial security for loved ones and avoids high administrative costs associated with intestacy (dying without a will).
• Avoids delay in processing your estate and even more hardship on your family.
• Allows you to make a meaningful contribution to Saint Paul University and other organizations in which you have an enduring interest.
• Will minimize taxes and administration costs.

What Happens Without a Will?

• You die “intestate”.
• Your belongings are distributed according to provincial intestacy laws.
• Your minor children may not be placed with the guardian(s) you would have chosen.
• Your next-of-kin must apply to the courts to be your executor or liquidator.
• Your choices or wishes are not considered.
• The earnings of a lifetime could easily be depleted by taxes and unnecessary administration costs.
• There will be no donation to Saint Paul University or other favourite charitable organization.

The following will happen to your assets or “estate” if you do not have a will in place.

• If you are survived only by a spouse, 100% will go to your spouse.
• If you are survived only by your children, 100% will go to your children.
• If you are survived by a spouse and one child, the first $200,000goes to your spouse, and the rest is split equally.
• If you are survived by a spouse and children, the first $200,000 goes to your spouse, 1/3 of the rest goes to your spouse, and 2/3 of the rest goes to your children.

Gift of Life Insurance:

A gift of life insurance is a surprisingly easy way and, for many, the only way to make a substantial gift to Saint Paul University.

Below are listed three ways that a donor may give life insurance for the benefit of Saint Paul University:

1. Gifting an existing paid-up policy by changing the owner and beneficiary to Saint Paul University. The donor will receive a tax receipt for the full cash value of the policy, plus any accumulated dividends.
2. Gifting a policy on which a donor is still paying premiums and names Saint Paul University irrevocable owner and beneficiary. The donor will receive a receipt for the cash surrender value, if any. Further, as premiums come due and are paid, receipts for the amount of the premiums will be issued to the donor.
3. Designating Saint Paul University in a donor’s will to receive the proceeds of a policy. In this type of format, the donor would not benefit from a tax receipt in his/her lifetime. However, in the future, when Saint Paul University receives the proceeds of the policy and if the policy is specifically mentioned in the donor’s will, Saint Paul University will issue a tax receipt which will benefit the donor’s estate. (Tax credit of up to 100% of net income in the year of death and year preceding death.)

Benefits:

• Life insurance is not subject to probate costs or administrative costs as the proceeds pass outside of a donor’s estate. Having said this, from a tax perspective, since March 1996 it is now more advantageous to consider making your estate the beneficiary of the proceeds of a policy and making a bequest to your favourite charity. The tax receipt will more than likely offset any probate or administrative fees due on death.
• Irrevocable gifts of life insurance cannot be contested; the gift is guaranteed.
• For a relatively small tax-deductible investment — monthly, annual or lump sum premium payments(s) — a donor can make a major gift to Saint Paul University.
• The proceeds of an insurance policy can be designated for a specific purpose, i.e. scholarships/bursaries, Faculty of Theology, etc.
• Saint Paul University receives the insurance proceeds while the donor still ensures that other beneficiaries receive the full value of the donor’s estate.
• Depending on the amount of coverage, an irrevocable gift of life insurance would allow a donor to benefit from both the knowledge of guaranteeing a gift in the future while receiving donor recognition through the Saint Paul University Recognition Program.

Charitable Trusts

Saint Paul University may accept two types of irrevocable charitable trust arrangements:

1. A remainder trust that pays the donor income from the assets (i.e. real estate, securities, cash) for life or for a number of years, and then distributes the principal to SPU;
2. a residual trust whereby an asset (personal residence, work of art, investment property) is donated today, but the donor retains the use of it during his/her lifetime.

Reinsured Charitable Gift Annuities

A gift annuity is an irrevocable transfer of money or other assets to Saint Paul University. A portion of the principal is used to purchase an annuity from an insurance company. The cost of the annuity is based on the donor’s age and income requirements. The remainder of the principal is considered an outright gift used for the purpose specified by the donor. The annuity pays the donor a guaranteed income for a specific time or for the remainder of the donor’s life. Upon the donor’s death, SPU receives any remaining guaranteed income from the annuity, unless the donor has specified otherwise.

For more information, please contact the Alumni and Development Office at 613-236-1393, ext.2009, or diplomes@ustpaul.ca.

One of the most effective ways to support Saint Paul University is to make a gift of shares, securities or mutual funds.

Please complete this form and send it to the Alumni and Development Office to complete your gift.

Saint Paul University will give you an income tax receipt for the market value the day your gift is deposited in our account.

About gifts of securities:

• When investments are converted into cash, the funds are subject to capital gains tax. By making a gift of your listed securities to Saint Paul University, you will pay no capital gains tax.
• Gifts of securities can be deferred if your gift surpasses your annual limit, and be used in the next five years.
• Gifts of securities can help reduce estate taxes in the year of your death, allowing your beneficiaries to receive more upon inheriting.
• Gifts of securities help to reduce the amount of income tax you pay.

• Can I make a donation online?
• What is the easiest way to give?
• Do you have an automatic monthly giving program?
• How else can I make a gift to Saint Paul University?
• Can I make a pledge over a number of months or years?
• Will I receive a receipt for my gift/pledge to Saint Paul University?
• What are the tax benefits of my gift?
• What is Saint Paul University’s Charitable Registration Number?
• Where can I direct my gift?
• How do I learn about the priority projects of Saint Paul University and my Faculty?
• Will my company match my gift to Saint Paul University?
• I live overseas. Can I make a gift?
• How can I give in my will?
• Can I set up a scholarship or bursary Fund in my name, or that of a loved one?
• Can I designate some of my RRSPs to the University as a gift?

Can I make a donation online?

Yes, click here.

What is the easiest way to give?

If you have made the decision to give to Saint Paul University, making a donation by cash, cheque, Visa, Mastercard or American Express is a convenient route.

We do not recommend sending cash through the mail. Cash donations may be dropped off at the following location:

Saint Paul University
Alumni and Development Office
Laframboise Hall, Room 187
223 Main Street
Ottawa, ON

To facilitate a donation by cheque or credit card, please feel free to print our donation form. Completed forms can be faxed to 613-782-3033 or mailed to

Saint Paul University
Alumni and Development Office
223 Main Street
Ottawa, ON, Canada K1S 1C4

Do you have an automatic monthly giving program?

Yes. More and more supporters appreciate the convenience of monthly giving and knowing that their support throughout the year helps us in our planning. You can make automatic monthly pledges by calling Saint Paul toll-free at 1-800-637-6859 or 613-236-1493, ext. 2009, or click here for our printable form.

How else can I make a gift to Saint Paul University?

Saint Paul University offers great flexibility in the ways you can choose to donate. Simply select a link below to be directed to more information.

Gifts of Stocks, Bonds, or Mutual Funds

Gifts of Real Estate, Books, Manuscripts and Art

Planned Giving, such as bequests, life insurance, retirement funds, and more

Can I make a pledge over a number of months or years?

Absolutely! Saint Paul University would be pleased to accept a gift with payments spread over up to five years in monthly, quarterly, semi-annual, or annual payments. Monthly donations can be accommodated only if you choose to donate by credit card or pre-authorized chequing. One receipt will be issued at year-end, rather than one per installment.

Will I receive a receipt for my gift/pledge to Saint Paul University?

Official gift receipts are issued for contributions over $20. The receipting process for one-time donations generally takes approximately two weeks. For pledges (gifts with multiple installments) made by credit card or pre-authorized chequing, one receipt will be issued at year-end, rather than one per installment.

What are the tax benefits of my gift?

Your charitable donation to Saint Paul University is tax creditable. Calculate your tax credits using CRA’s online tax calculator. (Applicable to Canadian tax filers only.)

What is Saint Paul University’s Charitable Registration Number?

Our number is: 10816 1282 RR 0001

Where can I direct my gift?

You can direct your gift to the area that means the most to you. This could be a faculty, a centre, a Chair, a department, the Library, a program, a scholarship or bursary fund.

How do I learn about the priority projects of Saint Paul University and my faculty?

Please contact the Alumni and Development office to discuss priority projects.

613-236-1393, ext. 2009
Toll-free: 1-800-637-6859 

Will my company match my gift to Saint Paul University?

More than 500 companies Canada-wide match gifts made by employees and retirees to their alma mater. Please check with your HR or personnel department to find out if your employer has a matching gift program. Then all you have to do is fill out a matching gift claim form and mail it to us along with your donation. To find out more about this great program, please visit our Matching Gifts page.

I live overseas. Can I make a gift?

Certainly! Saint Paul University accepts donations from around the world. For more information on how to make your gift, click here.

How can I give in my will?

We will be happy to provide you with all of the information you need. Please click here, where you can read more about Bequests.

Can I set up a scholarship or bursary fund in my name, or that of a loved one?

Yes, you can establish an endowed fund with a minimum donation of $20,000. Please see our policy on endowed funds.  For more information, please contact Melissa Mulumba at 613-236-1393, ext. 2009, or 1-800-637-6859, ext. 2009.

Can I designate some of my RRSPs to the University as a gift?

Naming the University as primary, partial or contingent beneficiary of your retirement plan while at the same time reaping tax benefits is easier than ever. If you would like to learn more about making a gift of RRSPs/RRIFs to Saint Paul University, please contact the Development office.