A donation in support of the Loran Scholars Foundation provides young Canadians with the time, financial independence and opportunities to realize their potential for leadership. Unusually for a national scholarship program, we do not have a large endowment from a single donor or receive public funding. We rely on annual donations and endowment gifts from hundreds of Canadians in every province, including many leading philanthropists and companies. Ninety-one percent of our alumni have already made a donation.
How to donate
Online: The easiest way to support the Loran Scholars Foundation is to donate securely online. Tax receipts for online donations are issued the day that you make your donation.
Monthly giving: Some donors prefer to establish pre-authorized monthly donations rather than making an annual donation to the Loran Scholars Foundation. A single cumulative tax receipt is issued in January for monthly donations made in the previous taxation year.
Cheque: If you would prefer to donate by cheque, please make your donation payable to the Loran Scholars Foundation and mail it to:
Loran Scholars Foundation
460 Richmond Street West, Suite 502
Toronto, ON M5V 1Y1
US-based donors: If you would like a US tax receipt, you may prefer to donate to Friends of Canadian Education, a 501(c)(3) charitable organization.
Travel miles: Since we pay part of the costs for finalists to travel from their hometowns throughout Canada to Toronto for national interviews, we greatly appreciate donations of travel miles to mitigate the cost of flights. Donate miles here.
Publicly listed securities: Some donors prefer to donate publicly listed securities that have appreciated in value. The May 2006 federal budget made such in-kind donations of listed securities advantageous in terms of tax savings by exempting the capital gains from tax. If you are interested in donating publicly listed securities, please call Catherine Fowler at 416.646.2120 x223. To expedite these types of transactions, we encourage donors to use our donation of securities form.
Endowment giving: If you would like to contribute to our endowment fund, please let us know when you donate in any of the above ways. A contribution to the endowment fund must be at least $10,000. For more information, contact Catherine Fowler at [email protected] or 416.646.2120 x223.
Charitable registration number: 855-132643-RR0001