Gifts in Kind
Did You Know?
In the late 1920's, during an in-house baseball tournament, Rex Schneider entered a team called "Prof Schneider's Battling Lions." This is the first hint that someday Luther teams would be known as the Lions.
Luther College High School is recognized as one of the four best university preparatory schools in western Canada with as many as 96% of Luther graduates pursuing post-secondary educations.
Luther students, even though from diverse social and cultural backgrounds, have the opportunity to be part of tightly woven community of students, parents, alumni, teachers and staff. Typically 12% of the school’s student body originates from outside of Canada.
Did you know there is a 3rd floor to the boy's dorm? It was traditionally assigned to upper level students who were more mature & responsible. Students who lived up there in the 1940’s confessed, in hushed tones, to having a radio when those devices were against school policy.
When the College was first looking to relocate from Melville to Regina, it considered land at College & Winnipeg, College & Broad, and 23rd & Albert, finally settling on 18 acres of land on the west end of property owned by Government House, now called Royal Street.
Through the A Time To Build capital campaign, we have added 46,897 square feet of space to Luther College High School, including the Semple gymnasium - the largest high school gym in Regina.
Luther graduates have gone on to universities such as Harvard, Oxford, Pennsylvania State, McGill, Queen’s and other renowned educational institutions throughout Canada, North America and the world.
The first LIT was held on January 31, 1953. That year it was a one-day tournament involving sixteen teams from Southern Saskatchewan. All preliminary games were played cross court, two games at a time.
Gifts in Kind
A wide range of non-cash gifts, such as books, real estate, artwork, special equipment and other tangible personal property, are commonly referred to as gifts in kind.
A donor may make a gift of tangible property to Luther College. Typical gifts in kind include: land, buildings or other assets such as artwork, books, equipment, furnishings, etc. These gifts must be pre-arranged with Luther College. Such gifts are appraised on the date received and an official tax receipt is issued for the appraised value. The donor will receive a receipt for the fair market value of the property. A professional appraisal may be required.
The following types of property require special consideration and consultation with the Luther College to ensure that they support our academic programs and priorities:
- Real estate
- Certified cultural property
- Personal book collections
Benefits of a gift in kind
- You receive a charitable tax receipt for the appraised, fair market value determined on the day the gift is made;
- Gifts in kind can be made during your lifetime, or through your estate by including instructions in your will;
When the donation is made, Luther will either add the donated item(s) to its collections or it will liquidate the asset, depending on a mutually agreed-upon course of action.
Giving Gifts in Kind Through Your Estate
It is important to contact us before arranging this type of bequest to ensure that it supports Luther’s programs and priorities.
For more information, please contact us:
Chief Development Officer
Charitable Registration Number: 10765 0061 RR0001