Alberta Charitable Tax Credit benefits individual donors
The following article has been reprinted with permission from the Government of Alberta Culture and Community Spirit website. We encourage all of our donors living in Alberta to be reminded of this excellent opportunity to give generously.

Charitable Tax Credit

Currently, 82 per cent of all financial donations come from just 25 per cent of the donors. That 25 per cent needs to grow! The charitable tax credit will give Albertans a chance to show their giving spirit.

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.

Everyone has their favourite cause or charity to support – whether it's a cause that has affected family members or friends, they are close to our hearts. The next time you decide to donate to your charity of choice, remember the charitable tax credit. Not only will the tax credit benfit you as a tax payer, through your donations it will help put money in the pockets of worthy charities across Alberta.

Making Your Charitable Donations Work Harder

Total Annual Donations* Alberta Federal 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 $950.00 $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

(Applies to Alberta taxpayers only)

* Total Annual Donations – When you make a charitable donation to a Canada Revenue Agency registered charity, you receive an official income tax receipt. You will receive a receipt for each individual donation you make.

** The charitable tax credit is non-refundable, which means you must be a taxpayer to benefit from the tax credit.