As the face of agriculture changes, the Provincial Exhibition strives to stay on top of what's new, and to change to meet the evolving needs of the sector, all the while maintaining our commitment to quality, traditional shows. The Provincial Exhibition of Manitoba Endowment Fund has been established to ensure that the funds required to continue to produce the best events in Brandon are available in the future. This fund will help us to save today to fund the programs and events of tomorrow. It will guarantee that world-class events, agricultural education and agricultural promotion will be here for our children and grandchildren.
Donations will be invested in perpetuity, and the interest will be used to fund the programs and events of the Provincial Exhibition.
Gifts of Cash
A gift of cash is the easiest and simplest way to give. You receive a donation receipt for the full amount and have the immediate satisfaction of seeing your gift at work.
Gifts of Publicly Traded Securities
With a gift of stocks or bonds will result in a donation receipt for the fair market value and tax credits to help off-set any tax on capital gains.
Gift of Real Estate
A gift of real estate will result in a donation receipt for the fair market value of the property. Even if not your principal residence, the gift will help offset tax on any capital gain through tax credits.
Gift of Life Insurance
A gift of life insurance can be a large gift at a moderate cost. If you designate the Exhibition the owner and beneficiary of a life insurance policy, you will receive a donation receipt for the policy’s cash value, as well as for any future premiums. Because the charity is the beneficiary rather than your estate, the proceeds are not subject to probate.
Gifts of Other Property
Other assets, such as shares in privately held companies, debentures, royalty interest or works of art can be given to the Exhibition. Donation receipts will be issued for the fair market value of the gift. Tax credits can help to offset taxes on related capital gains.
A gift by Will is the simplest and most common form of deferred gift. You retain full control over your assets during your lifetime and your estate receives a donation receipt. Bequests can be cash, securities, real estate or other property. Tax credits can help to offset taxes on related capital gain in your estate.
Gifts of Life Insurance
If the Exhibition is the beneficiary but not the owner of a life insurance policy, you can provide a future gift while retaining full control of the policy. We can assist in structuring terms of your Will so that the proceeds of the policy will result in a tax credit for your estate. The proceeds are not subject to probate as the charity is the beneficiary.
Gift of Residual Interest
This type of gift can include real estate or works of art, and involves an irrevocable future gift. You retain the use of the property for life, receive a donation receipt for the present value of the gift and the gift is not subject to probate. It is also possible to offset tax on capital gains.
Charitable Remainder Trust
When you set up a charitable remainder trust you are giving the trees but keeping the apples. You make an irrevocable gift of principal, from which you receive the net income for life. You receive a donation receipt for the present value of your gift and avoid probate on this portion of your estate. Tax credits help to offset tax on any associated capital gain.