Endowment Funds & Bursaries

 Endowment Funds

 
The Ontario Sailing’s Board of Directors approved the creation of the Ontario Sailing Endowment Fund on October 23, 2002.  The Ontario Sailing Endowment Funds honour special individuals and their contributions to sailing.
 
To make a donation to one of Ontario Sailing’s Endowment Funds, please click on the fund below:
 
The Alice Boston Sailing Fund supports the development of sailors and athletes in Ontario.
 
The Hans Fogh Fund supports the development of high performance athletes in Ontario.
 
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 Bursary Funds
 
The Ontario Sailing’s Board of Directors approved the creation of the Ontario Sailing Bursary Fund in March 2013.  The Ontario Sailing Bursary Funds honour special individuals and their contributions to sailing.
 
To make a donation to an Ontario Sailing Bursary Fund, please click on the fund below:
 
“Rhoda’s KIDS” Bursary Fund supports the development of sailors aged ten to sixteen years old who reside in Ontario who demonstrate a keen enthusiasm for learning to sail.
 
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ONTARIO SAILING – Ways to Help
There are many ways a donor may choose to support Ontario Sailing.  The following list provides a summary of the various options available.  Donors can give to support the current work of Ontario Sailing or future initiatives.  Whatever method is chosen, we want the investment to be the right fit for the donor and we strongly urge all donors to discuss their wishes with a financial advisor.
 
GIVING FOR TODAY
Gifts to Support Ontario Sailing’s Current Work
  • Cash Contributions:  Maybe a one-time gift or a gift pledge over multiple years.  Donor will receive a tax receipt for the full amount of the gift.
  • Gifts of Publicly-Listed Securities:  Includes gifts of shares, bonds and mutual funds.
  • Tribute Gifts (In Memoriam or In Honour):  You may honour an individual by giving your gift in their memory or in their honour.
GIVING FOR TOMORROW
Gifts to Support Ontario Sailing’s Future
  • Bequests:  Make provision in your will by giving a specific item such as shares of stock, by specifying cash gift or by leaving a portion of whatever remains of your estates after all debts, taxes and other bequests have been paid.  Your estate receives the full tax relief of your gift.
  • Life Insurance:  Gifts of life insurance allow donors to turn a relatively small gift now into a large gift in the future.  You can purchase a new policy and assign ownership to Ontario Sailing, name Ontario Sailing as a beneficiary, or give a paid-up policy.
  • RRSP/RRIF Contributions:  According to Revenue Canada, 100% of the remaining balance of any registered savings must be added to income in the year of death.  By making a charitable contribution of an RRSP or RRIF, a donor could save considerable tax.

 

To make a donation to Ontario Sailing:
  • to donate online, please CLICK HERE.  Once on the Sail Canada website, please click on “DONATE NOW” and complete the online donation form.  Under the “FUNDING OPTIONS” section, please be sure to indicate that you would like the funds directed to ONTARIO SAILING PROGRAMS in the dropdown menu.  A tax receipt will be sent to you directly from Sail Canada.
  • to donate by cheque, please forward your donation to Ontario Sailing, 70 Unsworth Drive, Unit 17, Hamilton, ON  L8W 3K4.  Please make cheques payable to “Sail Canada.”  If you would like a tax receipt for your donation, please fill out a DONATION FORM which you can download here and send it to Ontario Sailing along with your donation.  A tax receipt will be sent to you directly from Sail Canada.
  • to donate by credit card, please fill out a DONATION FORM which you can download here and forward your completed form to Ontario Sailing, 70 Unsworth Drive, Unit 17, Hamilton, ON  L8W 3K4.  A tax receipt will be sent to you directly from Sail Canada.

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