NB Children's Foundation

The Foundation investments are held by Royal Trust and managed by Jarislowsky Fraser Limited, one of Canada's largest and most successful investment management firms. Audited financial statements are prepared and presented to the Board of the Foundation annually. Total administrative costs are very low - some 6% of the total revenue including investment management fees.

Bequests

Recent changes to the Income Tax Act enable the gift of securities to a registered charity with no tax on any related gain but with the full benefits of a charitable donation.

For example, Mrs. A. a resident in New Brunswick wishes to make a donation of $25,000. She has held some bank shares for a number of years and the shares have a value of $25,000 and cost $5,000. Mrs. A. planned to sell the shares and donate the proceeds." The following calculation demonstrates the more favourable tax position Mrs. A. would be in by donating the shares to a registered charity:

Sell shares & donate Cash:
Tax cost on gain	$ (4280)
Tax saving with donation:	$11,740
Net Tax Benefit	$ 7,460
Donate Shares:
Tax cost on gain:	$ 0
Tax saving with donation:	$11,740
Net Tax Benefit	$11,740

Donations

One-time donations can be made to the Foundation by either:

(a) Mailing a donation directly to the Foundation office.

(b) Making a memorial donation through the many funeral homes throughout the province. If a donor card is not available in your area please contact our office to have a card to be sent to you.

Donate by contacting our office at info@nbchildren.com

Income tax receipts are provided for donations. (Our registered charitable number is 10776-9093 RR0001).

The New Brunswick Children's Foundation has been in existence for over 150 years. Its legacy has been to assist New Brunswick's less fortunate children.

You can become a partner in this good cause by donating.