Gifts of Securities Lets Donors see their Legacy at Work

By Heart and Stroke Foundation of BC & Yukon


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Barbara Vengshoel of Coquitlam has always been committed to good heart health.

Her Financial Planner advised her that a donation of securities would not only benefit her with tax savings - as gifts of securities are exempt from all capital gains tax; but would provide her the chance to see her donations at work now.

A gift to the Heart and Stroke Foundation of BC & Yukon was a natural: Barbara has always been committed to good heart health. Even when she started teaching Kindergarten back in the 1950s, she was passionate about healthy eating. Although childhood obesity was not as widespread or as much of a health concern as it is now, she talked to parents to help them understand the importance of healthy meals for their children. "I'd see the kids always bringing chocolate desserts for lunch, so I gave them healthy treats at Halloween, as well as educating them about nutrition."

Years later, Barbara's husband, Arne, developed angina and required quadruple bypass surgery. He was very active and a generally healthy man. It was a surprise to both of them to learn the condition of his heart. He didn't like going to the doctor and preferred to eat healthy and stick to his fitness regime. She recalls that one of his arteries was 90 per cent clogged and adds, "I'm glad that I was persistent at getting him to the doctor."

Barbara's commitment to heart health continues to this day with a full and active life. "I make a point of keeping a routine of walking and keeping healthy."

What inspired her act of kindness? "I want to do what I can to help," says Barbara. "I just feel that I would like to do something useful in my life, give back to the community, and if I can, see results." She adds that "It's good to get the tax relief and also see the money working towards something good."

If you are interested in making a gift of securities, please read this information. Gifts of flow-through shares require special attention so before transfer please contact us directly at plannedgiving@hsf.bc.ca or call 1-888-473-4636.

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