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Cash
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The simplest way to give to the Foundations
write a check.
Cash gifts to the Lyford Cay Foundation, Inc. and The Canadian Lyford
Cay Foundation may be fully deducted for Federal Income Tax and
Revenue Canada purposes in the manner and to the extent provided
by current regulations.
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Make
a Pledge
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To maximize your donation yet avoid cash-flow
shortage at the end of the year, you may prefer to make a number of
pledge payments throughout the year. Annual pledges over several years
help to ensure our cash flow and are very welcome. |
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Talk
about what we do
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Help us widen our base of support by introducing
us to your friends who may have an interest in philanthropy in The
Bahamas |
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Securities
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By giving appreciated securities you may
avoid the capital gains tax that would be imposed if you sold the
securities yourself and can also realize an income tax deduction.
Unless otherwise requested, we sell gifts of stock or securities upon
receipt. Please contact our office for transfer instructions for
gifts of publicly traded securities. |
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Bequests
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After providing for your loved ones, consider
a gift to the Foundations through a bequest. Estate taxes may be saved
and the support you gave to the Foundations during your lifetime will
be continued in perpetuity. |
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Please contact
us if you would like to discuss other forms of giving such as gifts
of real estate or other property, life insurance, in-kind gifts, and
a variety of trust vehicles. We are happy to work with you and your
financial advisor to set up such arrangements. |
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Since
1969, the Foundations have raised over $26 million for the
benefit of The Bahamas and its people.
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How
Our Funds Are Invested
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Assets of the Foundations are carefully
managed by a Committee comprised of members of the Boards of Directors
from both the Lyford Cay Foundation, Inc. and The Canadian Lyford
Cay Foundation and other interested individuals who set guidelines
and monitor the investment strategy for current and endowment funds
to ensure that philanthropy is being well served.
The primary investment objective for the Investment Committee
is to ensure funding for the future and growth of principal over time
to further the Foundations' goals and serve the needs of The Bahamas.
Secondarily, the Foundations strive to provide a steady stream of
income, recognizing the inflation associated with educational funding,
and which income is required on an annual basis to continue the funding
of scholarship programs.
To achieve these objectives, the Investment Committee seeks to create
a well-diversified and balanced portfolio of high quality equity,
fixed income and other securities. |
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