Federal and provincial donation tax credits add up

When you donate to ABLE2, not only are you empowering people with disabilities to build lives of meaning and joy, but you can also claim charitable tax credits and receive federal and provincial government tax incentives. After the fiscal year, ABLE2 will send you your donation receipts, and you can receive as much as 49% back through charity tax deductions.

Carry previous donations forward for a larger tax credit

When you donate over $200, you are eligible to carry them forward and claim them on your tax return for any of the next five years. This flexibility means that the unclaimed carry-forward portion may qualify for a larger tax deduction in the future.

Transfer your donation credits to your spouse or common-law partner

The donation tax credit is a non-refundable tax credit which means other tax credits must get claimed first to bring your tax payable to zero. If you cannot claim your donation amount on your tax return, pool your donations with your partner’s for a larger tax credit on their tax return.

For more information about receiving your charitable tax receipt for donations, please email info@able2.org

An ABLE2 Ottawa donor has the following rights:

• To be informed of the organization’s mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes.
• To be informed of the identity of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.
• To have access to the organization’s most recent financial statements.
• To be assured their gifts will be used for the purposes for which they were given.
• To receive appropriate acknowledgement and recognition.
• To be assured that information about their donation is handled with respect and with confidentiality to the extent provide by law.
• To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.
• To be informed whether those seeking donations are volunteers, employees of the organization, or hired solicitors.
• To have the opportunity for their names to be deleted from mailing lists than an organization may intend to share.
• To feel free to ask questions when making a donation and to receive prompt, truthful, and
  forthright answers.

If you have any questions about your Donor Bill of Rights, please contact info@able2.org