There are many ways to donate to CBU — from writing a cheque to leaving instructions in your will. All donations help our students who are being taught ideas and skills necessary to shape our world in the coming decades. Explore our donation options to discover which option(s) best suits your financial and philanthropic goals.
The University encourages and solicits donations of cash, securities and personal and real property, either by way of gift, endowment or through planned gifts.
Can I make a donation in memory of someone?
Gifts can be made to CBU in memory of someone. These gifts can be designated to the campaign and/or location of the givers choice. A card indicating a gift has been made to the University is sent to the family of the deceased and the donor receives a tax receipt for their gift.
Can I create a scholarship or bursary in memory of an individual or in recognition of a group? What is an endowment fund?
Some donors choose to establish scholarship or bursary funds in memory of an individual or in recognition of a group. Funds may be raised by one-time gifts from a single donor or from numerous gifts from numerous contributors. All such funds are placed in an endowment fund which sees the principal invested to raise interest which is paid out for yearly scholarships and/or bursaries.
Can I donate gifts of stocks to the University?
Yes, you can donate gifts of stock. For the tax receipt amount, the University’s policy is to use the closing price of the stock on the day it is received in the University’s account.
As of May 2006, if you donate publicly listed securities directly to CBU, you are not required to pay tax on the capital gains, while receiving a tax receipt for the current value of the donated stock.
Can I donate gifts in-kind such as land or art?
Yes, contact the fundraising office will be happy to discuss the particulars. Note: donations of Canadian cultural property can be claimed up to 100 per cent of net income and any capital gain arising on the donation of the property is not taxable.
Can I leave a donation in my will?
A planned gift allows you to prepare now for a gift that will make a significant impact to Cape Breton University in the future. These gifts include bequests, retirement funds, stocks & securities, gifts-in-kind and life insurance policies.
If you leave a gift in your will, your estate is entitled to a tax receipt.
For more donation or tax receipt inquiries, please call (902) 563-1232 or email email@example.com