Donation commitment form Single donation
Transcription
Donation commitment form Single donation
Donation commitment form Name and address LAST NAME, first name : Corporation : Address : Telephone : ( ) ( Home ) Office Email : Contribution Single donation : I am donating to the Fondation de l’Académie du Trésor an amount of : $ Donation commitment for the next 3 years : 5 000 $ 10 000 $ 25 000 $ 50 000 $ Other $ Payment methode Cheque(1) Please write income tax receipt to the name of : Signature Date (1) Please make the cheque payable to Fondation de l’Académie du Trésor As a token of our appreciation, the Fondation de l’Académie du Trésor will publish the doners’ name on its Website. Please check this box if you would prefer to keep your name confidential. Income tax receipts are issued for all donations of 50$ or more. Charity registration number : 83815 2205 RR0001 We thank you for your contribution to our young people’s education ! Fondation de l’Académie du Trésor – 210, rue Joseph-Pariseau Sherbrooke (Québec) J1N 3N8 Tél. : (819) 640-1859 Fiscal advantages related to a donation to the Fondation de l’Académie du Trésor Donations to the Foundation give a right to certain fiscal advantages. Generally speaking, the donor can claim a tax credit (individual) or deduct a donation (corporation) for an amount that does not exceed 75% of the net income for the current year. Individuals – Tax credit calculation* Federal : 15 % on the first 200 $ and 29% on the remainder Québec : 20 % on the first 200 $ and 24% on the remainder Tax credit Total annual donation $ 10 000 5 000 2 500 1 000 750 500 Federal Provincial $ 2 398 1 187 582 219 158 98 Total $ 2 392 1 192 592 232 172 112 $ 4 790 2 379 1 174 451 330 210 Annual cost of donation $ 5 210 2 621 1 326 549 420 290 *This chart is given only as an indication and is based on proposed 2008 rates. Calculation of the federal tax credit takes into account the refundable Québec allowance (16,5%) Corporations – Tax credit calculation for an annual donation of 10 000 S* Tax credit Donor Large corporation1 Small enterprise2 Corporation with investment earned income3 Annual cost of donation $ 6 910 Federal $ Provincial $ Total $ 1 950 1 140 3 090 1 100 800 1 900 8 100 3 467 1 140 4 607 5 393 *This chart is given only as an indication and is based on proposed 2008 rates. 1. Corporation that is not eligible to small enterprises deductions. 2. Corporation that is eligible to small enterprises deductions and for which the taxable income is below business maximum of 400 000 $. 3. A fraction of the income tax (26,67 % of investment earned income) can be reimbursed upon dividend payment. Our calculation does not take into account that refundable tax. Fondation de l’Académie du Trésor – 210, rue Joseph-Pariseau Sherbrooke (Québec) J1N 3N8 Tél. : (819) 640-1859