Norm Parry's Visionary Fund
Norm Parry was a Terrace Community Foundation Director from 2017 to 2022, Foundation Chair from 2018 to 2022, and with his wife Kathleen, a Foundation Builder. At his direction, the Foundation has established Norm Parry's Visionary Fund to support community development in the Terrace area. Please read the backgrounder for more information about this Fund. To donate to this Fund, please download the attached Parry Fund Contribution Form. Thank you for considering a donation to this Fund.
Types of Donations
Assets that may be eligible for a charitable donation to the Terrace Community Foundation include:
Cash
Cash gifts are an easy way to make an impact in your community and allow you to give at any time.
Securities
Securities, both publicly traded and closely held, can be used to set up a fund or make a donation. Giving eligible appreciated stocks, mutual funds or employee options are all possible through the Community Foundation. By giving stock you can avoid capital gain taxes that would be due as a result of the sale of the stock and establish a charitable fund that benefits the local causes and organizations you care about most.
Real Estate and Personal Property
A gift of real estate releases potential that has been tied up for years, enables you to make a bigger charitable difference than you may have thought possible, helps you avoid estate taxes, and minimizes or eliminates burden placed on your heirs. Charitable gifts of real estate range from personal residences and vacation homes to rental properties, farmland, and commercially developed land.
Life Insurance
Giving life insurance through your community foundation is one of the simplest ways to make a significant contribution to your community and establish your legacy of giving. You can make a gift when life insurance is no longer needed for personal financial wealth replacement. You may receive a number of tax benefits including reduced income taxes and estate taxes. And, if you choose to continue paying premiums through your community foundation, you will be entitled to tax credits.
Leave a Gift in your Will
You can designate a gift or portion of your estate to your community foundation and, in some cases, receive a substantial reduction in federal gift and estate taxes.
Assets that may be eligible for a charitable donation to the Terrace Community Foundation include:
Cash
Cash gifts are an easy way to make an impact in your community and allow you to give at any time.
Securities
Securities, both publicly traded and closely held, can be used to set up a fund or make a donation. Giving eligible appreciated stocks, mutual funds or employee options are all possible through the Community Foundation. By giving stock you can avoid capital gain taxes that would be due as a result of the sale of the stock and establish a charitable fund that benefits the local causes and organizations you care about most.
Real Estate and Personal Property
A gift of real estate releases potential that has been tied up for years, enables you to make a bigger charitable difference than you may have thought possible, helps you avoid estate taxes, and minimizes or eliminates burden placed on your heirs. Charitable gifts of real estate range from personal residences and vacation homes to rental properties, farmland, and commercially developed land.
Life Insurance
Giving life insurance through your community foundation is one of the simplest ways to make a significant contribution to your community and establish your legacy of giving. You can make a gift when life insurance is no longer needed for personal financial wealth replacement. You may receive a number of tax benefits including reduced income taxes and estate taxes. And, if you choose to continue paying premiums through your community foundation, you will be entitled to tax credits.
Leave a Gift in your Will
You can designate a gift or portion of your estate to your community foundation and, in some cases, receive a substantial reduction in federal gift and estate taxes.
Thank you for supporting the Terrace Community Foundation!
How to donate.
Various methods are available to make a donation to the Terrace Community Foundation (Endowment Fund) and its Named Funds, including cheque and etransfer. Please open the Contribution Form below for options.
Or you can donate online using the Online Donation Portal. Credit cards are accepted.
Tax receipts for eligible donations to the Terrace Community Foundation and Named Funds will be issued by our partner, the Prince George Community Foundation.
Various methods are available to make a donation to the Terrace Community Foundation (Endowment Fund) and its Named Funds, including cheque and etransfer. Please open the Contribution Form below for options.
Or you can donate online using the Online Donation Portal. Credit cards are accepted.
Tax receipts for eligible donations to the Terrace Community Foundation and Named Funds will be issued by our partner, the Prince George Community Foundation.