UQTR FOUNDATION for Donors
Transcription
UQTR FOUNDATION for Donors
QUESTIONS AND ANSWERS for Donors U QTR F O U N D AT I O N Major Fundraising Campaign 2009-2014 Questions and answers FOR DONORS Q: WHAT IS THE UNIVERSITÉ DU QUÉBEC À TROIS-RIVIÈRES? A: Over the past 40 years, The Université du Québec à Trois-Rivières (UQTR) has established its reputation as a leader in many fields of research and training. Particularly well placed among Quebec universities, it is a medium-sized institution with a vibrant learning environment, geared to student success and has cultivated a number of significant partnerships. UQTR has 21 departments and 347 professors who teach and conduct research in a wide range of fields, often in collaboration with other universities both nationally and internationally, as well as with a variety of important partners. The University boasts three centres, two institutes (Institut de recherche sur l’hydrogène [Hydrogen Research Institute] and Institut de recherche sur les PME [SME Research Institute]), 19 chairs, 8 research groups and 13 research laboratories. Furthermore, over 550 lecturers teach almost half the number of courses offered at UQTR. Q: WHAT IS THE POPULATION SERVED BY UQTR? A: The territory served by the Université du Québec à Trois-Rivières can be divided into four principal regions: Mauricie, Centre-du-Québec, Montérégie and Lanaudière. UQTR also has seven satellite campuses: Drummondville, Joliette, Longueuil, Quebec, Saint-Hyacinthe, Sorel-Tracy and Victoriaville. In total, UQTR serves a population of over one million people. With its training centres and students from outside its principal region, UQTR attracts close to 11,500 students enrolled in approximately 150 graduate and undergraduate programs. Q: WHY HAS UQTR DECIDED TO EMBARK ON A MAJOR FUNDRAISING CAMPAIGN WITH THE UQTR FOUNDATION? A: In 2004, UQTR conducted a strategic planning exercise to outline its future development plan. Funding was a major concern. To supplement government grants and subsidies, universities in Quebec, Canada and elsewhere in North America are turning to the private sector for funding to support their development. The UQTR Foundation has supported university life in the region since 1986, and during this period has helped to raise more than $28M. Given the extent of its financial needs, UQTR and its Foundation have strengthened their relationships with the private sector and organized a 3rd Major Fundraising Campaign with a financial goal of $20M – an ambitious project with an objective never before attained by UQTR in a Major Fundraising Campaign. Q: ISN’T THE GOVERNMENT OF QUEBEC RESPONSIBLE FOR FUNDING QUEBEC UNIVERSITIES? A: The Government of Quebec, through the ministère de l’Éducation, du Loisir et du Sport [Ministry of Education, Recreation and Sports], funds teaching and training in all Quebec universities. For researchers and professors, however, a large portion of their research projects and scientific equipment is financed by Quebec or Canadian government research agencies, government ministries as well as the private sector. This also applies to financial support to students, partly provided by different government bursary programs. In all cases, whether it be for acquiring research equipment, teaching or financing projects such as research chairs or bursary programs, universities must now, more than ever before, depend on their foundations for support, as present government funding does not cover their priority needs. UQTR is no exception, and counts on this complementary funding to improve the financial situation of students and ensure continued development of the University. The following universities have organized major fundraising campaigns that have yielded impressive results: McGill University 34,000 students $457M in progress Université du Québec à Montréal 39,235 students $61M 2007 Université Laval 33,000 students $120M in progress Université de Montréal 56,530 students $218M 2003 Université du Québec à Trois-Rivières 11,500 students $18.8M 2001 Université du Québec à Rimouski 5,500 students $11.6M 2006 Université du Québec en Outaouais 5,500 students $11.9M in progress Université du Québec à Chicoutimi 6,500 students $8.5M 2002 Q: WHAT IS THE FINANCIAL OBJECTIVE OF THE MAJOR FUNDRAISING CAMPAIGN? A: The financial objective of the Major Fundraising Campaign is to raise $20M to support 18 priority projects. Q: IF IN FACT THE MAJOR FUNDRAISING CAMPAIGN SURPASSES ITS FINANCIAL OBJECTIVE, HOW WILL UQTR ALLOCATE THE SURPLUS FUNDS? A: In addition to the 18 priority projects totalling $20M, UQTR and the Foundation have identified 10 other projects, totalling $10M, which are also considered current needs of the University. UQTR and the Foundation will, however, always respect donors’ wishes regarding the designation of their donations. Q: WHO CAN CONTRIBUTE TO THE MAJOR FUNDRAISING CAMPAIGN? A: In addition to contributions from board members of UQTR and the Foundation, UQTR staff, students and retirees, we will solicit the support of friends, local, regional and national businesses, business leaders, private foundations, religious institutions, financial institutions, graduates and alumni, parents of students and all others who wish to support the development of students in our region and the activities of UQTR. Q: ARE DONATIONS TAX DEDUCTIBLE? A: Yes, an official tax receipt will be issued for provincial and federal income tax purposes. EXAMPLE OF FISCAL IMPACT OF A DONATION TO UQTR BY AN INDIVIDUAL IN 2009: FEDERAL: 12.525% on initial $200 and 24.215% on the balance, considering allowance for Quebec. PROVINCIAL: 20% on initial $200 and 24% on balance ANNUAL SALARY SUGGESTED ANNUAL DONATION TAX CREDIT ANNUAL COST OF DONATION AFTER TAX NET COST OF DONATION PER PAY PERIOD $90,000 $900 $403 $497 $19.13 $75,000 $800 $354 $446 $17.14 $60,000 $650 $282 $368 $14.15 $45,000 $400 $161 $239 $9.17 $30,000 $100 $33 $67 $2.60 * This table provides an approximate guideline based on 2009 tax rules. Q: CAN DONORS SPREAD THEIR CONTRIBUTIONS OVER SEVERAL YEARS? A: Yes, donors who wish to do so may pledge their contribution over a period of five years, which ensures a more substantial contribution for UQTR. Instalments may be made by a preauthorized credit card payment, cheque, money order, and for UQTR staff, by automatic payroll deduction. Q: WILL THERE BE SPECIAL ACKNOWLEDGEMENT OF DONATIONS TO THE MAJOR FUNDRAISING CAMPAIGN? A: The Université du Québec à Trois-Rivières has implemented a donor recognition program in order to acknowledge the generosity of individual and corporate donors according to their level of commitment. Q: HOW CAN I OBTAIN FURTHER INFORMATION ABOUT THE MAJOR FUNDRAISING CAMPAIGN? A: For more information, please contact the Fondation de l’Université du Québec à Trois-Rivières [the UQTR Foundation]. Jacques Bégin, General Manager FONDATION DE L’UQTR [UQTR FOUNDATION] 3351, boul. des Forges, C.P. 500 Trois-Rivières QC G9A 5H7 Telephone: 819 376-5011 Fax: 819 376-5150 Email: jacques.begin@uqtr.ca The charitable registration number of la Fondation de l’Université du Québec à Trois-Rivières [UQTR Foundation]: 11900-1725-RR002 Investing in Knowledge