The Society has selected CanadaHelps, a non-profit organization that provides other non-profits with a platform for donating and fundraising online. CanadaHelps has a spotless record for safe and secure payment processing and provides instant tax receipting.
We have created two funds which you can designate your donation to:
- General - Your donation is used where the Society feels the greatest need.
- Equipment Maintenance/Restoration - Your donation is used for equipment maintenance/restoration where the Society feels the greatest need. Some examples of current equipment work is as follows:
Donate Securities and Mutual Funds through CanadaHelps
The Canada Revenue Agency does not apply capital gains tax on donations of publicly traded securities. Capitals gains are the increase in the value of your securities over the price you paid at purchase.
When you sell your shares for cash, you’re responsible for the tax due on the gain, even if you plan to donate the proceeds from the sale. If you pay the tax out of those proceeds, there’s less money left to donate. The charity receives a smaller donation and you have a smaller donation to claim for your charitable tax credit at the end of the year.
But when you donate your securities directly through CanadaHelps, those capital gains aren’t subject to tax. This means your charity receives a larger gift, and you’ll benefit from a tax receipt for the full value of your eligible securities or mutual funds. For more information about the benefits of donating securities and mutual funds, please visit https://www.canadahelps.org/en/why-canadahelps/ways-to-give/benefits-of-donating-securities/