Aqueduct has a strong track record accepting gifts of complex assets. These including private company shares, art collections, and gifts resulting from mergers and acquisitions of public and private companies.
How we work
Aqueduct also has a well-established process for the valuation, acceptance, and ongoing monitoring of donations of private company shares and other complex gifts of assets. These donations require financial, tax, and estate planning. They are not everyday gifts that are typically donated to charities in the community. For more information about complex property donations, please contact us at [email protected].
Frequently Asked Questions
Aqueduct accepts a wide variety of property. Donations to Aqueduct Foundation may include cash, publicly traded securities, and mutual funds, as well as more complex assets such as art, real estate or private company shares.
Yes. Aqueduct has a well-established process for the valuation, acceptance, and ongoing monitoring of donations of private company shares. Please contact us at [email protected] for a copy of our brochure on this topic.
Aqueduct charges an Expense Recovery Allocation against its funds, which is inclusive of foundation and investment management costs. The expenses of operating the Foundation are allocated to individual funds based on a published, sliding-scale formula, linked to the assets of each fund.
Yes, Aqueduct can accept donations of real property. The gift of property can be made now during your lifetime or by a donation through your estate. Donations of real property can offer tax benefits, including a reduction of capital gains tax. If you are interested in making a real property donation, we will work with you and your legal and tax advisors to ensure the donation meets your philanthropic goals. Aqueduct would review the gift to see if it fits within our charitable purposes and collect additional information about the property.
Aqueduct Foundation recently announced its membership with the Land Trust Alliance of British Columbia (LTABC). Aqueduct has experience in collaborating with land trusts in the protection of ecologically sensitive land. As an interim owner, Aqueduct’s goal is to act as a bridge to preserve the land until land trusts can purchase the land, at cost, for long-term conservation purposes. The membership with the LTABC represents Aqueduct’s increased work in land conservation and will expand our ability to help protect ecologically significant land in British Columbia. You can read a story about our work here from our 2023 Annual Report: https://aqueductfoundation.ca/2023-annual-report/
