Q: How do I join the Future 50 Legacy Match initiative?
A: It’s easy to join. Here’s how:
Q: What is the match pool total? Is there a maximum per gift?
A: The match pool total is $50,000. The maximum for each confirmed gift is $1,000.
Q: Where did the matching funds come from?
A: The $50,000 in matching funds was gifted by generous community donors who care deeply about supporting students and encouraging others to consider a legacy gift to the North Island College Foundation.
Q: Where can I direct the $1,000 so it will have the most immediate impact?
A: You are welcome to direct the $1,000 to any area supported by the North Island College Foundation. Whether it’s emergency funds, financial bursaries for students in need, a program that inspires you, or student housing your generosity will make a real difference in helping students succeed.
Q: What is the deadline? How long does this last?
A: The campaign will run from November 2025 to April 30, 2026, or until the match pool runs out.
Q: Do I have to tell you the size of my legacy gift?
A: No, you do not have to share the amount or details of your gift. Simply letting us know that you have included the North Island College Foundation in your estate plan is enough to qualify and unlock $1,000 to support students.
Q: What type of planned gifts qualify for the Future 50 Legacy Match initiative?
A: Personal assets such as cash, securities, or real estate and charitable remainder trusts all qualify. You can also name North Island College Foundation as a beneficiary of a life insurance policy or registered accounts (like RRSPs/RRIFs). For more information, see Legacy Giving.
Q: I already included a planned gift to the North Island College Foundation in my will. Can I still unlock $1,000?
A: Yes, you can. If you notify us of your existing legacy gift during the match challenge period you will qualify to unlock $1,000 in immediate support for students.
Q: Can I change my mind later?
A: Yes, absolutely. A legacy gift is fully revocable, and you can update or change your plans at any time if your circumstances or wishes change.
Q: How do I name the Foundation in my will?
A: Gifts in wills are the most common and often the most straightforward planned gifts. And it’s easy: to make a bequest to North Island College Foundation, your lawyer or notary simply prepares a new will or adds a codicil to an existing will.
Sample bequest language to include in your will:
"We give to the North Island College Foundation, currently of 2300 Ryan Road, Courtenay, British Columbia, V9N 8N6, Charitable Registration # 890505043RR0001, (_________ dollars) or (___ % percent of the residue of my estate)."
Q: How do I name the Foundation as a beneficiary of my TFSA/RRSP/RRIF or other asset?
A:
North Island College Foundation 2300 Ryan Road, Courtenay British Columbia, V9N 8N6 Charitable Registration # 890505043RR0001
Our website information is intended as a general overview only and not as legal or tax advice. Please consult with a qualified professional advisor to determine the best strategy for your situation.