Bookmark Donateacar.ca
Follow Us
‘Round out the calendar with a last flurry of year end giving! The charity you support needs your gift, and come tax time, you’ll reap the benefit!
Year end giving fuels dreams, drama, and dynamic care
You may have noticed a little added urgency to your favourite charity’s requests for donations this holiday season? The postal strike had an impact on donations, for sure! Now is the time to get your precious donation dollars into the hands of the charity serving the cause you care about.
Your financial gift is what allows your charity of choice to keep the lights on, provide services, and make plans for the future. From your local community association to the arts, from children’s charities to seniors programs — every cause is ready to receive your donation.
Take some time to explore CanadaHelps and discover your many giving options. Visiting your chosen charity’s social media pages will bring happy news: if you donate before the end of the year, many organizations have double-your-donation campaigns going right now!
How year end giving can positively impact your taxes
CanadaHelps has a fabulous page dedicated to tax time. They write, “Not only is giving to charity a great way to make a difference to your favourite cause, but when you claim your charitable tax credits you can also take advantage of federal and provincial government tax incentives.”
Visit their page to explore their Charitable Tax Credit calculator!
Curious about how to maximize your benefits? Explore their site to learn how
- Federal and provincial donation tax credits add up
- You can reduce capital gains taxes
- To carry previous donations forward for a larger tax credit
- To transfer donation credits to your spouse or common-law partner
Year end giving will boost your charity’s ability to serve while also helping you maximize your own benefits!
Finishing the year off right
There’s no better way to end the year than by doing Good. The gift of your time, resources, and actual donation dollars ensures your charity finishes the year strong, too.
Thank you for the privilege of working alongside you and the cause you care about! Here’s to a new year of equality, dignity, and provision for all!
