How to Donate

Donating Securities
Canada Customs and Revenue Agency has recently eliminated any capital gains on securities donated registered charities. See Giving Securities for more information.

Planned Giving
Planned Giving refers to the many ways of planning charitable donations to optimize the benefits to the charity and the donor. Many planned giving options are deferred gifts made through will and estate. Bequests of money or
property, gifts of life insurance, annuities, and gifts of securities are examples. Each option has legal and financial implications, and should be discussed with a professional and with close family members. As well, anyone interested in planned giving should contact the charity to ensure they are properly named in the will.

Furnishing a room
Individuals, organizations and businesses can furnish an acute care or long-term care room for 10,000.

Tax Credits Make Giving More Affordable
Individuals can claim a federal and provincial tax credit or a deduction for a charitable donation. Individual donors can receive a federal tax credit of 15 per cent and a provincial tax
credit of 11 per cent (total of 26 percent) on the first $200 donated to registered charities in a tax year.
Individuals will receive a federal tax credit equal to 29 per cent and a provincial tax credit of 15 percent (total of 44 per cent) for donations above $200. The more individuals give, the greater the tax credit.

For example, a donation of $1,000 to a registered charity would result in a tax savings of $52 on the first $200 donated (26 percent), and $352 on the remaining $800 (44 per cent), for total tax savings of $404. Therefore a donation of $1,000 is a net cost to the donor of only $596.

Note: This example is simplified, and is based on 2005 Saskatchewan tax credit information