FAQs The Legacy Campaign endeavours to support and give opportunity to the young men of St. Andrew’s, both today and in the future. Growing our Endowment Fund makes an SAC education more affordable, enhances the traditions and programs that make us who we are, and provides overall long-term financial strength and security. As our endowment grows, so too does its annual disbursement to the College, making your gift to the Legacy Campaign one that truly keeps on giving.
1. What is the St. Andrew’s College Foundation? The SAC Foundation is the entity that represents and accepts all donations made to the School. Established in 1962, the Foundation is responsible for distributing gifts across various funds and the growth of the School’s Endowment Fund. A Board of Trustees governs the Foundation on a volunteer basis, and all donations directly support the School.
2. Are gifts to St. Andrew’s considered eligible for charitable tax receipts? Yes! Gifts to St. Andrew’s College Foundation provide the same tax incentive as donations to any other registered charity in Canada. In Ontario, depending on your income tax bracket, you are eligible to receive up to 50.41% on donations over $200.
3. How else can I support SAC? In addition to our Annual Giving program, there are other unique initiatives to which you can contribute. Tribute Gifts: Leave your mark around campus with a tribute gift in your son’s name or in honour of someone special. These types of gifts include a named Auditorium Seat, a Tree, Bench, or Donor Recognition Board.
Learn more about the impact your gift will make: www.sac.on.ca/legacy
Planned Giving: The most popular planned gifts are bequests (leaving SAC in your will) and life insurance. These gifts provide the School with a significant donation and are designed to allow you to contribute more than you would have thought possible. Red & White Gala: Each year in the spring, the School’s Parents Guild hosts a major fundraiser – the Red & White Gala. This annual event is a favourite among parents and is a way to meet other parents while raising money for St. Andrew’s and having a great time!
For more information, contact: Advancement Office 905 727 3178
Care to help online? Please visit: www.sac.on.ca/support-sac.
4. What is an Endowment Fund, and how does it differ from the Annual Fund? The SAC Endowment Fund is a substantial fund comprised of unique individual funds established by donors that provide the School with scholarship and programmatic monies each year. The distribution to the School is offset by earned investment income and donations, which enables the overall value of the Endowment to grow, ultimately increasing the annual disbursement. The Annual Fund raises money for current year priorities that add value to our student experience and programs.
Thank you for your support
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