Kids Kottage gratefully acknowledges Community Spirit Program grants totaling $50,000 toward operating expenses for the 2008-2011 fiscal years.

 



About the Community Spirit Program

 

The program is made up of two components - a donation grant and a charitable tax credit. The goal of the program is to increase individual charitable giving. The program is donor-driven, meaning it recognizes and encourages Albertans to support their favourite organizations.

 

Your financial support helps us qualify for Alberta's Community spirit funding and provides you with a valuable tax deduction.

Donation Grant

The donation grant provides an opportunity for eligible non-profit and/or charitable organizations to receive a provincial grant. The grant is based on total annual cash donations from individual Albertans that have been received by an eligible organization over a 12-month fiscal period. The grant can be used to support an organization's operations, programs and/or capital projects. The maximum grant available is $25,000 up to a maximum of $50,000 over three years. A minimum total of $1,000 in eligible cash donations needs to be received prior to applying for a grant.

 

Charitable Tax Credit

Alberta's tax credit has increased by more than 60 per cent for total annual charitable donations over $200. Including the federal tax credit, Albertans receive a 50 per cent non-refundable tax credit for every dollar donated over the $200 threshold. This includes donations made on or after January 1, 2007.

How do you take advantage of this new enhanced tax credit? Simply claim your total charitable donations on your next income tax return.

 


Making Your Charitable Donations Work Harder

 

Total Annual Donations

Alberta Tax Credit

Federal Tax Credit

Total Tax Credit    

$500.00

$83.00

$117.00

$200.00   

$1,000

$188.00

$262.00

$450.00

$2,000.00

$398.00

$552.00

$950.0

$5,000.00

$1,028.00

$1,422.00

$2,450.00 

$10,000.00 

$2,078.00

$2,872.00

$4,950.00

$25,000.00 $5,228.00 $7,222.00 $12,450.00