What’s your Rockway story? Are you a past student or part of the faculty or staff? Are you the parent or grandparent of a current or former student? Whatever your story, you’re reading this because you appreciated what Rockway has to offer and you want to ensure the Rockway experience lives on for years to come. Thank you.
Donations of Securities
Mutual Funds and Shares
Donations of securities such as mutual funds and shares enable our donors to make an immediate and significant impact towards supporting student education at Rockway. Since the capital gains tax does not apply to publicly traded securities, this is a very efficient way of giving.
For example:
Let’s say you purchased common shares in Company XYZ for a cost of $1,000. If the current market value of those shares increases to $5,000, you have a capital gain of $4,000. If you sell those shares and donate the cash proceeds, you’ll owe tax on the capital gain. However, if you donate the shares directly to Rockway Mennonite Collegiate, you will not owe the capital gains tax, and you’ll receive a tax receipt which reflects the full value of your contribution.
To donate shares/securities, you have three options:
- Donate your shares/securities directly to Rockway Mennonite Collegiate
- Contact Chris Ainsworth, Director of Advancement (519-743-5209 x3011 or advancement@rockway.ca) to discuss donating securities to Rockway
- Fill out and send in Rockway’s In-Kind Donation of Securities Form OR
- Fill out and send in Rockway’s Charitable Donation of Securities In-Kind Form
- Donate your shares/securities online through CanadaHelps
- DONATE NOW to do this securely. Please note that CanadaHelps fees will apply.
- Donate publicly traded securities via Abundance Canada
- Abundance Canada will sell the securities/stocks and disburse the proceeds to Rockway at your direction. You can disburse the proceeds immediately or over a period of years. Abundance Canada will issue you a receipt for your donation, and send a letter and cheque to Rockway informing us of your gift.
- Abundance Canada considers a portion of the sales proceeds a donation to Abundance Canada to support their work. The amount of this portion is based on a sliding scale depending on gift size, with the relative amount of the portion decreasing as the size of the donation increases. To explore if this is the right option for you, visit Abundance Canada.
Gifts of Remembrance or Celebration
You can remember the loss of someone special by making a gift in their memory. This meaningful gift will let friends and family know that you are thinking of them and thinking of how special Rockway Mennonite Collegiate was to someone in your life.
Or, celebrate special occasions with gifts in the name of the honouree(s). Perfect for any occasion – birthdays, retirements, weddings, faith events, anniversaries, graduations – these gifts will bring joy to you and recipients and be helpful to students.
Once your gift has been made on-line or through Rockway, we can send a card with a beautiful acknowledgement to the next of kin or honouree(s) of your thoughtful gift.
If you do not wish us to send a card, please indicate the online instructions or contact our Accountant, Dawn Zehr (519-743-5209 x3013 or accountant@rockway.ca).
Wills and Estate Gifts
Your desire to do the best you can for your family and/or community is the reason why friends of Rockway Mennonite Collegiate leave gifts in their Wills.
Rockway has been serving Mennonite families and all community members since 1945, with an exceptional academic experience, faith-forming chapels and character-building opportunities. Many bright futures have started here.
Most Rockway students earn entrance into university or college either directly from graduation or after an intentional gap year of service, work or travel experience. Alumni have entered and excelled in every field of endeavour – including medicine, law, science, the arts, ministry, athletics, social services, education, and business. Whatever their career choices, Rockway Alumni can often be found dedicating themselves to making their communities and their world a better place.
Join with them and leave your legacy of opportunity for future students. Through your Will/Estate Gift, you can continue to support Rockway students on their journey to becoming responsible, compassionate, and reflective global citizens.
Wills/Estate Gifts may be designated to a specific part of Rockway’s mission. Undesignated Wills/Estate Gifts are entrusted to the school to be used as deemed best by the Board of Directors: undesignated gifts under $5,000 are used to support daily school operations. Gifts in value of more than $5,000 are placed in Rockway’s Sustainability Fund, to be invested (and reviewed) to grow reserve funds and funding for special projects, a portion of which may go to operations.
Through your Will/Estate Gift you can:
- Create your meaningful legacy with a sense of purpose – ensure that your wishes for the causes that are closest to you and to your family’s hearts are honoured.
- Ensure your peace of mind – make sure that your loved ones and the causes that you love are taken care of in the way you intend.
- Conveniently convey your wishes – A gift in your Will is easy to arrange and can be made for any amount you wish – a specific amount, a percentage/residual portion or a contingent bequest, and changed at any time.
If you have yet to make a Will, please speak with your loved ones and professional financial and legal advisors. If you already have a Will, you can speak with your family and advisors about adding a codicil (a brief instruction that is added to your will to reflect your updated wishes). By leaving a gift in your Will you will give the power and hope of education to young people, today and tomorrow, supporting bright futures beyond your lifetime.
Other ways to leave a legacy include trust deposits, shares and mutual funds, life insurance and gift annuities. Please discuss with your loved ones and personal professional advisors what works best for you.
Endowment Funds, Scholarships & Tuition Assistance
Through the generosity of donors, Rockway Mennonite Collegiate has two Tuition Assistance Endowment Funds that are invested:
- General Student Tuition Assistance Endowment Fund
- Mennonite Student Tuition Assistance Endowment Fund
Anyone can contribute to these established funds. When you donate or designate a gift to one of these funds, the full amount of your donation is added to the principal amount. While the principal is kept intact in perpetuity, any subsequent yearly earnings are used to provide financial assistance to students who would like to attend Rockway, but who otherwise would not be able to afford the full cost. On average, over 60 students per year benefit from some level of tuition assistance.
To support affordable, quality education for future Rockway students, contact us to discuss (advancement@rockway.ca or 519-743-5209 x 3011) or simply:
- Donate online by credit card
- Mail or bring in your donation cheque, made out to “Rockway Mennonite Collegiate – General or Mennonite Student Tuition Assistance”, to the address below:
Rockway Mennonite Collegiate – Accountant
110 Doon Road
Kitchener, ON N2G 3C8
For more information about how to Leave a Legacy through Will/Estate Gift, Tuition Assistance, or creating an Endowment and Scholarship Funds in the chart below, please contact Chris Ainsworth, Director of Advancement by phone (519-743-5209 x3011) or email (advancement@rockway.ca)
SPECIFIC ENDOWMENT FUNDS & SCHOLARSHIPS
The Sustainability Fund |
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Scholarships |
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Scholarship Fund |
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