Your gift to AU can also be a tax gift to yourself, greatly increasing the value and impact of your donation.
The Canadian government encourages gifts to nonprofit organizations and charities by granting tax credits to individual donors and by allowing corporations to claim business deductions.
For an individual donor, annual donations of less than $200 receive a federal tax credit of 15%, or about 22 cents per dollar donated. For donations of more than $200, you receive even more: a federal tax credit of 29%, or about 43 cents for every dollar donated. Added to this are provincial tax credits, which vary depending on the province in which you live. Visit the CRA tax credit calculator for more details.
For more detailed information regarding charitable giving, see the Canada Revenue Agency’s Giving to Charity website, which provides a variety of useful links for donors.
When giving to AU, you also may wish to keep in mind that
Updated March 05 2014 by Web Services - Advancement