Donor Opportunities
How donations can help save you money
Donations to charity reduce federal and provincial taxes in the form of a credit against taxes payable. In Ontario, individuals receive combined federal and provincial tax credits at the rate of approximately 23% on the first $200 of donations in a year, and 48% for donations in excess of $200 in a year.
The system rewards extra giving. The more you give, the larger your tax credit and the less income tax you pay.
Here are some examples of tax savings for a single taxpayer under the age of 65.
| Income Level | Donation Amount | Tax Savings | % Tax Savings | What Your Donation Really Costs |
| $30,000 | $100 | $40 | 40% | $60 |
| $40,000 | $500 | $200 | 40% | $300 |
| $60,000 | $1,000 | $420 | 42% | $580 |
| + $75,000 | $5,000 | $2,400 | 48% | $2,600 |
