Endowment Foundation

Theatre Calgary Foundation, established in June, 2002, has an important mission:

To establish and maintain a permanent endowment fund which will provide perpetual sources of revenue to Theatre Calgary so that it may continue to enrich the lives of the community it serves.

A healthy Endowment Fund will allow Theatre Calgary to provide the community with the enjoyment of art for generations to come, while minimizing the impact of economic cycles. Whether your decision involves an endowment gift of money, property or securities, insurance or a multi-year pledge, it will be gratefully invested in the Theatre Calgary Foundation. Your gift will provide income from the accrued interest to help ensure long-term enjoyment of the arts.

When you contribute to the Theatre Calgary Endowment Fund, you will be recognized as a member of our donor family, plus you will be entitled to income tax benefits. Beyond this, you will always be remembered for making a contribution to the cultural enhancement of your community.

We would be happy to discuss the options available for donations to the Endowment Foundation that best serves your needs and makes the gift-giving process as simple as possible.

Types of Endowment Foundation Donations:

Gift of Property (jewellery, furnishings, real estate, securities)

Once you have provided for your loved ones, you may want to consider giving the gift of real property. This can include personal property such as jewellery and furnishings, real estate and securities. You also benefit personally, since your gift to the Fund is considered a charitable donation and therefore, may qualify for an income tax credit.

If you have a gift of securities to be designated as an endowment, we will transfer your gift to the Endowment Foundation as soon as is reasonably possible. Gifts may also be made directly to the Endowment Foundation, subject to Canada Revenue Agency rules concerning endowment foundations.

Funds under the custody of the Theatre Calgary Endowment Foundation are managed by Bissett Investment Management and Mawer Investment Management for the sole purpose of securing the future of Theatre Calgary.

For information on how you can donate a gift of securities click here.

Charitable Annuity

A gift annuity is a contract between you and Theatre Calgary that could guarantee you and your beneficiary's income payments for life. An income from the annuity is guaranteed, a tax credit may accrue to you, and at the same time you financially assist the theatre.

Charitable Remainder Trust

In Canada, the charitable remainder trust has until recent years been virtually unknown, but it is becoming increasingly popular. The trust is managed by a third party with whom you select and entrust, and it provides an income to you for the rest of your life, but it makes Theatre Calgary the ultimate beneficiary of the trust assets at the end of your life.

Gift of Life Insurance

By making the Theatre Calgary Endowment Fund the beneficiary of a life insurance policy today, you are giving the gift of the arts to many of tomorrow's audiences of Theatre Calgary. Rest assured that the gift of life insurance to the Fund has no effect on the rest of your estate. Your beneficiaries will still receive everything you have allocated to them. As the value of your policy grows, so does the significance of your gift. By deferring the use of your policy, you ensure that the income it generates will continue to build.

Bequest Through Your Will

After the needs of next of kin and loved ones have been addressed, you may want to direct a portion of your estate towards your community through Theatre Calgary. Your gift by bequest can be personal assets of any kind, such as cash, property, securities or works of art. Whatever your choice, your bequest will be used after your death as stipulated in your will. It does not affect your estate while you are alive.
•    A gift to the Theatre Calgary Endowment Fund is indeed a gift to the entire community.
•    A gift that will enable Theatre Calgary to continue to provide quality artistic and cultural events for generations to come.