Please consult this list of frequently asked questions. Alternatively, feel free to contact us to assist you with the information you require.
Is Redeemer a recognized charity?
Yes! Our Canada Revenue Agency charitable registration number is: 12331 3660 RR0001
Will I receive a charitable giving receipt for my donation?
Yes! Gifts to Redeemer qualify for a charitable giving receipt. All gifts are acknowledged promptly, and receipts for personal donations are sent in January of the following calendar year. Donations from organizations (businesses and foundations) are receipted immediately, because of varying corporate fiscal-year cycles.
Can I give monthly (quarterly or semi-annually)?
Yes! We can help you set up a convenient, regular payment schedule from your bank account or credit card.
What is Redeemer’s Stewardship Policy?
Redeemer University College is a member organization of the Canadian Council of Christian Charities and abides with the Council’s Standards of Accountability and complies with the Council’s stewardship policy relating to the control and distribution of charitable contributions:
Spending of funds is confined to approved programs and projects. Should a donor choose to restrict a contribution for use in an approved program or project, Redeemer will honour that restriction, with the understanding that when the need for such a program or project has been met or cannot be completed for any reason as determined, the remaining restricted contributions will be used where most needed in the University.
Does Redeemer share or rent out its mailing or donor lists?
No. All donor information is held in strictest confidence.
I would like to help students with their finances. What’s the best way to do that?
All gifts to Redeemer ultimately help reduce the cost of tuition. However, if you would like to designate your gift specifically for student assistance, Redeemer’s Cornerstone Program supports student assistance. Please note that the Canada Revenue Agency prohibits the issuing of receipts for tuition, residence or other mandatory fees.
Can I set up a scholarship or bursary in honour or in memory of someone?
Yes! Named awards can be established through an endowment, offered in perpetuity, or by funding a scholarship or bursary on an annual basis. In consultation with the Office of Development, donors may determine the eligibility and criteria for named awards they are funding. Please contact us directly to discuss the details.
Can I contribute to Redeemer through my will?
Yes! Naming Redeemer in your will is a wonderful way to provide a legacy gift and will assist in reducing tax owing on your estate.
Can I make Redeemer the beneficiary of my life insurance policy?
Yes! By doing so, you will receive a charitable receipt for the cash value of the policy and for the premiums you pay.
Can I contribute stocks or shares to Redeemer?
Yes! Gifts of appreciated securities are an excellent way to make a significant donation without incurring tax on capital gains. Your charitable tax receipt is calculated on the value of the shares when they are transferred to a brokerage account, held in Redeemer’s name. The shares are sold immediately to realize a cash donation to Redeemer.
I have a non-cash gift that I want to give to Redeemer. How do I do this?
Gifts-in-Kind, including artwork, personal effects, or property, may be donated to Redeemer but must be accepted for use in an approved program or for a priority project. Please contact us directly for specific details.
Have a question that was not answered in this list?