Ways to Give

Giving makes a difference

The size of the gift doesn’t matter. Lakeland College appreciates each gift, from the smallest cash donation to a multi-million dollar gift-in-kind.
 
People like you make gifts for all types of reasons. 
  • Your grandchild is a Rustler, and you contribute to our adopt an athlete program.
  • You once received a scholarship and want to give others the same boost, and establish an award.
  • You plan a bequest because you’re an alumnus and you believe in your school.
  • Your business decides to sponsor an event.
  • You donate a hail-damaged vehicle to the apprenticeship program.
The easiest gift is a cash donation. It’s as simple as clicking the Donate button.
 
You can choose where your gift goes – a particular program or to an area that’s most in need.
 
Each drop down menu below outlines different ways you may give to Lakeland and its students. We encourage you to discuss you options with a tax consultant or other qualified advisor.
 
If you’d like more information or would like to donate, please contact Lisa Sader. She can take your donation or direct you to one of our team to discuss your gift:
 
 
Lakeland College's charitable registration number is 119002731 RR0001
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Bequests
A bequest is an easy gift to make.

How you make your bequest depends on the kind of gift you are giving. You’ll need help from your lawyer or estate planning advisor to choose the best method.

Typically real estate, personal property, business interests and cash are left via a will, a revocable trust or a simple codicil to your current will.

The bequest is transferred tax-free to Lakeland College after your death. Your estate receives a charitable tax receipt for the gift.
Cash
You can give a cash donation any time. It could be a one-time gift, or a monthly donation. How much and when is your choice.

You also choose where your gift goes. You can pick an area that means the most to you, or simply to the area of greatest need.

It’s simple to make a cash donation. Drop off or mail a one-time gift to our office, or use our online system.
 
If you are interested in a recurring gift, you can also start with the online system. You can choose to do an e-transfer, payroll deduction or credit card.
Land and other capital property
If you choose to give capital property, such as land, you need to aware of all the tax rules related to depreciation, capital gains and fair market value.
Generally capital property is something you bought as an investment or to earn income. If sold, such property would result in a capital gain or loss for income tax purposes.
 
This includes but isn’t limited to:
  • land, buildings and equipment used in a business or rental operation
  • cottages
  • securities such as stocks, bonds and units of a mutual fund trust
Canada Revenue Agency will:
  • consider that you disposed of the property at fair market value.
  • require you to report any capital gain the year you made the donation.
 You have options based on the fair market value and actual cost base as well as if it was depreciable property. 
 
For the best information about tax consequences, you should check the Canada Revenue Agency website, tax consultant and or chartered accountant.
Life Insurance
Donating your life insurance to charity has two benefits:
  • You can get a big bang for your buck. You can convert an inexpensive premium into an impressive amount.
  • You can get tax savings.
You also have 3 options about how to use life insurance as a charitable donation. Before you make a decision, talk to a tax consultant or other qualified advisor. They’ll help you make the best decision for you.
Name Lakeland College as the beneficiary on your policy.
 
All the premiums you pay during your lifetime will be considered a gift and you’ll receive a charitable receipt for your annual premium payments.
 
If Lakeland College is your beneficiary, we’ll receive a lump sum gift. Your estate will receive a charitable tax receipt for that amount.
 
Donate an existing or new life insurance policy directly to a charity. In this case Lakeland College. Again, you’ll receive a charitable receipt for the annual premiums. 
 
Donate certain assets to Lakeland College and use a life insurance policy to replace the value of the donated assets.This is known as wealth replacement. Even though you are making a sizable donation, your estate remains at the pre-gift value.
 
You’re eligible for a fair market value charitable receipt for the gift-in-kind. With those tax savings you can buy a life insurance policy for an equivalent value of the gift. Your heirs are then the beneficiaries of the life insurance policy.
The life insurance proceeds aren’t included in your estate and are payable tax free to your heirs.

Gifts-in-kind
Gifts-in-kind benefit both Lakeland College and you, the giver. We get the equipment or product, and you get a tax receipt.

Gifts-in-kind can be particularly important for Lakeland’s many student-led learning activities. Often specific equipment or technology is required.

Or a gift-in-kind could support a college event such as the President’s Gala or Feast on the Farm.

We accept such gifts respecting both your wishes and Lakeland’s values and needs. As a rule, unless we can effectively use the article in our operations or learning activities the gift-in-kind will be sold. If the gift is worth more than $1,000 it will be valued by an independent appraiser.

Before we can give you a charitable receipt we need some paperwork.

If it something brand new, we need either:
  • an itemized receipt of what you delivered
  • an invoice from your company with the good listed, but showing the invoice doesn’t require payment.
If the goods are used, we need an independent appraisal. If your gift’s fair market value is over $1,000 then there are more rules about who can do the appraisal.

If you want more details about the tax implications, check the Canada Revenue website about gifts-in-kind.

Life insurance
Donating life insurance to a charity can be an excellent way to transform affordable premium payments into a substantial future donation. There can also be tax saving benefits.

There are three ways you can use life insurance to donate to charity:
  • Name a charity as the beneficiary on your policy. Upon death, the charity receives the lump sum gift. That gift is eligible to receive a charitable tax receipt made out to the estate. The premiums paid on the life insurance policy, made by you are considered a gift and are charitable. You receive a charitable tax receipt for the total of premiums they make annually. 
  • Donate an existing or new life insurance policy directly to a charity.You receive a charitable tax receipt (while living) annually for the premiums you have paid on the life insurance policy. 
  • Donate certain assets to a charity and use a life insurance policy to replace the value of the donated assets – You will be eligible receive a charitable tax receipt for the fair market value of the gift in kind. With the tax savings resulting from the charitable gift, you can purchase a life insurance policy for the value of assets donated, naming your heirs as beneficiaries—a process called “wealth replacement."
The proceeds of the policy will not be included in your estate for probate tax purposes and are payable tax free to your heirs as part of their inheritance. This option ensures that your estate is not diminished even though you are making a significant donation. It is always important to consult a qualified tax consultant or Chartered Accountant when deciding on the best strategy for managing your estate or your tax situation.
Event support
Buying a ticket or participating at an event are both easy ways to support our students. You’ll get more than a tax receipt, you’ll get a meal, entertainment or a round of golf.

President’s Gala & Feast on the Farm
For tickets, to a be sponsor or to donate to the silent or live auction, please call Kirsten Wilkinson at 780 871 5458 or email kirsten.wilkinson@lakelandcollege.ca

Rustler’s Golf Tournament – to enter yourself or a group, or to discuss sponsorship, please call Sheray Thomas at 780 871 5472 or email sheray.thomas@lakelandcollege.ca
Gifts-in-kind
Many Lakeland programs are student-led leadership opportunities. These programs require equipment for hands on learning. Gifts-in-kind can support these students' education.
 
Your products could enrich a Lakeland program or support a college event. Such gifts-in-kind benefit Lakeland College as well as the giver. We get the product, you get a tax receipt.
 
We accept the gift while respecting you --donor’s wishes-- along with Lakeland College's values and needs. Unless Lakeland College can effectively use the article in its operations, as a rule, a gift-in-kind will be sold immediately following its receipt. Gifts estimated to be worth more than $1,000 will be valued by an independent qualified appraiser.
 
Before issuing a charitable tax receipt for a gift-in-kind, Lakeland College requires a copy of the following:

For new goods received:
  • An itemized receipt of delivery to Lakeland College
  • An invoice from the company donating the goods indicating that the invoice is not to be paid.
For used goods received:
  • An independent appraisal of the items being donated.
For gifts with a fair market value exceeding $1,000 the appraiser should not be associated with either the donor or Lakeland College. The appraisal must be an estimate of the fair market value of the object as of the date of donation. Although the term “fair market value” is not defined in the Income Tax Act, the generally accepted meaning is the price the property would bring in an open market transaction between a willing buyer and a willing seller, acting independently of each other, and each having full knowledge of the facts.
 
Original appraisal documentation must be in place. The donor and two officers of Lakeland College must sign a Deed of Gift, irrevocably deeding the property to Lakeland College. For more information about the tax implications of a gift-in-kind, go to the Canada Revenue website.






What Students Say
With the Student-Managed Farm you learn to be accountable for what you’re doing and the choices you make. You get an understanding of what it’s like to be out in industry or on a farm making decisions that count.

– Anthony Biglieni

Agribusiness Class of 2006

What Alumni Say
Lakeland College has been a integral partner in growing our own through the school of business. As an alumnus of the college, I have first-hand learning experience in the school of business. The professors welcome Servus Credit Union to facilitate classes in the Business Ethics course each year.

– Sandi Unruh

Senior Human Resources Consultant

What Faculty & Staff Say
Vertex has had great experience bringing on students from Lakeland College. We have found the Bachelor of Applied Science (Environmental Management) program to provide students with good academic knowledge of the environmental industry and the criteria that governs the land reclamation

– Sean Fuller B.Sc., P.Ag.

Vice President, Environmental Services, Vertex.

What Alumni Say
There is no way I would be where I am today without Lakeland College. It inspired me to be a better person and to get a job in something I love doing. I am so thankful I had such a great experience at Lakeland and I hope future students do as well.

– Danielle Gaboury

Business studies, Class of 2016.

What Students Say
I recommend the UT program to people all the time. The smaller setting Lakeland offers, is very conducive to learning. It's less intimidating than the larger universities and allows for more class interactions and discussions

– Kelly Mykytuk

2nd year UT student, 2017-18

What Alumni Say
I have loved my experience at Lakeland. The teachers are personable, and quick to share about their own experiences. They encouraged me to run with my own ideas and see what would happen; they got excited about my designs, which gave me the confidence to do my best and be more creative.

– Payton Ramstead

Class of 2016, Interior Design student.

What Alumni Say
At Lakeland College you are guaranteed to have time out of the classroom where you can put everything you learned together and actually see that what you’re learning is relevant.

– Alisa Brace

Animal Health Technology, Class of 2016.

What Alumni Say
The friendships I made, the experiences we were provided with, and the welcoming atmosphere of the Vermilion Campus made my time at Lakeland extremely valuable and memorable

– Grayden Kay

Animal Science & Agribusiness, Class of 2016.

What Alumni Say
Lakeland College was a learning environment unlike any other school. It allows students to learn beyond the classroom, and staff and faculty genuinely want to see students succeed. It’s a place where you can feel comfortable asking questions and where everyone has a place and fits in.

– Carson Reid

Agribusiness, Class of 2016.

What Alumni Say
The instructors were the highlight of my time at Lakeland. It made a huge impact on my college experience to have instructors who challenged, encouraged, and believed in me.

– Jessica Cadrain

Child & Youth Care, Class of 2016.

What Alumni Say
At the beginning of my first year, I was really stressed out as I felt I had no artistic ability. But with the instruction and time put in by the interior design faculty, I was able to develop my artistic abilities. Now I am fully confident in and exceeding well in the artistic side of this career!

– Naomi Mason

Interior Design Technology, Class of 2016.

What Alumni Say
I just feel like you get the best education at Lakeland, especially from the time that the instructors can actually spend with you. I like the class sizes too – everything’s been great about my Lakeland experience.

– Dean Coulson

Heavy Equipment Technician, Class of 2016.

What Alumni Say
I do give Lakeland College credit for reigniting my interest and even preparing me for Miss Rodeo Canada. Lakeland helped me to grow enough to have the confidence to think I could take on that role and become that person. I think that I have and I am really grateful for that

– Ali Mullin

Agribusiness, class of 2014, former Miss Rodeo Canada.

What Alumni Say
I feel the professors at Lakeland actually prepared me for the profession. It’s impossible to be just a number here when there are 12 students in all of your classes. When the school advertised small class sizes, they actually meant it.

– Stephen Mark Visser

Real Estate Appraisal and Assessment, Class of 2016.

What Alumni Say
I was involved in the president’s gala in April where I was an emcee for the evening, it was a great experience, and I had a lot of fun doing it and would recommend it to everyone.”

– Lucas Tetreault

HOPE Power Engineering, Class of 2017.

What Alumni Say
I would recommend Lakeland College for the simple fact that it's for everybody. As a mature student who went back to school much later than his 18th year, I was immediately accepted, and not ostracized in the least

– Donald James Shaw

Accounting Major, Class of 2016.

What Alumni Say
All the hands-on learning was great and very helpful once placed into the industry. Having clients leave with a smile after each service assured me that I was in the right field of work. I would recommend Lakeland to anyone.

– Courtnee Coolidge

Esthetician, Class of 2016.

What Alumni Say
The professors care so much about their students at Lakeland and are able to know each and every one of them by name, so much so that they are able to nominate a ton of students for awards.

– Stephanie Wakefeild

University Transfer, Class of 2016.

What Alumni Say
They really put you in the lead at Lakeland. Lakeland cares about its students, empowers them, and gives them opportunities to achieve their goals. I don’t see Lakeland as a stepping stone or a first step – I see it as a bridge and an integral part of my education.

– Alyssa Wells

University Transfer, Class of 2017.

What Alumni Say
I wanted to get experience in the field of assessment as it would give me exposure to what it’s like day to day. It was an invaluable experience as I find it hard to imagine what it would be like working in a particular field or area until I’m doing the work.

– Sheldon Farrell

Real estate appraisal and assessment, Class of 2017.

What Alumni Say
In the campus spa, they give you time to work with each client so nothing is rushed and you’re able to concentrate on providing the best service you can to your client.

– Daphney Couturier

Esthetician, Class of 2017.

What Alumni Say
It’s going to be a lot easier to start our first jobs having this experience and having been able to build our confidence in the campus spa. I love that we get to have this opportunity.

– Darby Watchel

Esthetician, Class of 2017.

What Employers Say
Lakeland is a great place to find employees. The college provides real world training that equips soon-to-be employees with knowledge and people skills that are highly sought after in the agriculture industry these days.

– Dustin Dinwoodie

Key Account Manager – Western Canada Arysta LifeScience