How donors share common ground

From one of Concordia’s founding institutions to the Vancouver Art Gallery — philanthropists have similar motivation
September 8, 2016
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By Silvia Ugolini

Philanthropy comes in many forms. Those can include a legacy-forming endowment, support from a tight-knit community or a personal tribute.

The first campus for Loyola College — one of Concordia’s two founding institutions — was built on an apple orchard donated by Giovanni Donegani in the mid-1800s.

The Jewish General Hospital opened its doors in 1934. A $1-million campaign was inaugurated in 1929 to build it in Montreal. Despite the stock market crashing that year, supporters within the community held strong and honoured their pledges amid financial hardships. 

Concordia alumni attend a chapter event at the Vancouver Art Gallery. Concordia alumni attend a chapter event at the Vancouver Art Gallery in April 2015,

To accommodate the acquisition of paintings bequeathed by the artist Emily Carr, the Vancouver Art Gallery needed more space. Carr’s close friend and Group of Seven artist — Lawren Harris — led the fundraising effort to bring that expansion to fruition.

No matter the cause of support, the spirit is a shared one. What those who give have in common is a resolve to improve our society. Regardless of your means, you can make a difference.

A planned gift is nimble. It allows you to make a meaningful donation that is tailored to your interests and capacity. There are many options, including a bequest or an assignment of life insurance that is no longer needed. In addition to the impact your contribution will have, planned gifts can provide immediate and future tax advantages to realize your financial, philanthropic and estate-planning goals.

One essential feature of a planned gift is that of a win-win arrangement. Giving should also benefit you. 

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