Frequently Asked Questions
How much should I give?
We realize that giving decisions are personal. All gifts to Smith School of Business are greatly appreciated!
Can I make my gift in installments?
Yes you can! Smith School of Business would be pleased to accept a gift with payments spread out up to five years in monthly, quarterly, or annual payments.
Will I receive a receipt for my gift to Smith School of Business?
Yes, you will. Gift receipts are mailed (or emailed as a PDF if you choose to make your gift online) three to five days after we have processed your gift. Monthly gift installments will be receipted at year end and mailed out in February.
Can I get my gift to Smith School of Business matched by my company?
We hope so! Please check with your HR or Personnel department to find out if your employer has a matching gift program. Then all you have to do is fill out a matching gift claim form and mail it to us along with your donation! Five minutes is all it takes to double, or even triple, your gift to the area at Smith School of Business that matters most to you. You can also check our Matching Gift Database to see if your company is registered with Queen's as a matching gift company.
I live in the United States. Can I still make a gift/pledge to Smith School of Business?
Yes you can. Alumni, and relatives of alumni, can make a gift or a pledge to Queen's. If you work for a matching gift company in the United States, or are a friend of the University, there may be different rules regarding eligible charities.
Will I receive a receipt for my gift to Smith School of Business if I reside in the United States?
Yes. We will provide you with a letter that can be used for IRS purposes.
I live overseas. Can I make a gift?
Yes! Queen's accepts gift from around the world. Gifts can be made to Smith School of Business, directed through the Charities Aid Foundation. Tax implications vary, however, from country to country.
If I made a bequest in my will am I or my estate entitled to a tax receipt?
Yes, your estate is entitled to a tax receipt if you leave a gift in your will. The donation limit is 100 percent of net income in the year of death and the year immediately preceding death.
How is my receipt calculated when I donate stocks?
The University's policy is to use the closing price of the stock on the day it is received in the University's account.
Do I need to pay capital gains tax on appreciated stock if I donate them to Smith School of Business?
As of May 2006, if you donate certain publicly listed securities directly to Smith School of Business, you are not required to pay tax on the capital gains while receiving a tax receipt for the current value of the donated stock.
Will my gift to Smith School of Business be automatically credited to my class?
Yes, all gifts receive class credit.
Will I get recognition for pledge payments?
Donors will be recognized in the School's Annual Report for the full amount of a pledge in the year that it is made, regardless of payment timing. Pledge payments made in subsequent years will not be listed.
I still have more questions about giving to Smith School of Business. Who can I talk to?
Any member of our staff would be more than happy to talk to you. Contact us.
Where can I direct my gift?
You can direct your gift towards what means the most to you. See the list of the School’s funding priorities.
What are the simplest ways to give?
For many donors who have already made the decision to donate to Smith School of Business, a donation of cash, personal cheque, or credit card is a convenient route. You can make a gift online (by Visa, MasterCard, or Electronic Funds Transfer). Learn more