
Planned Giving - Types of Gifts
All of the funds in the stewardship of the Parksville-Qualicum Community Foundation are held in perpetuity - only the income is distributed to meet the donors' charitable objectives. This permanent endowment ensures that the donors' funds will continue to respond to the charitable needs of the community for generations to come.
The Foundation receives donations from many sources. Donations may be large or small and every type of gift -- legacies, securities, cash, real estate, stocks, art works and insurance, are welcome. Some donors make gifts during their lifetime, while others leave bequests in their will.
PQCF is comprised of a collection of many separate endowed funds established by individuals, families, charitable organizations and corporations--a community of donors. These funds are pooled and invested and the income is distributed as grants to nonprofit organizations. The most popular fund with our donors is the Community Fund which provides maximum flexibility to meet changing community needs.
A gift to the Parksville-Qualicum Community Foundation can be a simple, direct transfer of assets, to be administered at the discretion of the Board of Directors. Or the donor can choose from a number of fund options to meet personal, financial and charitable goals.
Local non-profit organizations can also place their endowment funds with the Parksville-Qualicum Community Foundation to economize on administration costs, and to benefit from professional management.