Thank you for your interest in supporting Soaring Beyond: The Campaign for TFS. There are a number of ways you can make a gift to the Campaign. Whichever option you choose, your gift will help bring projects to life to support outstanding students for years to come.
Matching Gifts
Many companies will
match the charitable contributions made by their employees. Please
enter organization name in the field below and click 'search' to see
if your company has a matching program.
Cash
Whether by cheque or credit
card, your gift is eligible for a charitable donation receipt, thereby
reducing the after-tax cost of your contribution.
Pledge
Campaign gifts can also be
pledged and paid over a three to five year period, making a larger
investment more manageable while also opening up opportunities to be
recognized on a donor plaque.
Appreciated Securities
Donating
publicly-traded securities is a tax-smart way to support TFS. You will
receive a charitable donation receipt for the value of the securities
gifted based on the published closing price on the day the shares are
received in our account. In addition, you are not subject to any
capital gains tax. The chart below outlines the financial benefits of
donating your shares directly to TFS, rather than selling your shares
and gifting the proceeds.
Gift Securities Directly to TFS |
Sell Securities and Donate Proceeds to TFS |
||
A | Fair Market Value | $50,000 | $50,000 |
B | Cost Base | $25,000 | $25,000 |
C | Capital Gain | $25,000 | $25,000 |
D | Taxable Capital Gain (50%) | $0 | $12,500 |
E | Tax Credit on Donation (46%) | $23,000 | $23,000 |
F | Tax on Capital Gain (at 46%) | $0 | $5,750 |
G | Net Tax Savings (E-F) | $23,000 | $17,250 |
*The above chart is for illustration purposes only. It does not constitute legal or financial advice and should not be relied upon as a substitute for professional advice.
Workplace Giving
Companies often
run their own employee giving or United Way workplace campaigns. If
you have been asked to participate in such a campaign, please consider
designating your gift to TFS.
Tribute Gifts
Tribute gifts provide
an ideal opportunity for you to thank a current or former teacher, to
honour someone special, or make a gift in loving memory of a friend or
family member. When you make a tribute gift, we will send a special
tribute card with a personalized message to the recipient, or
recipient’s family, highlighting your special honour, and you
will also receive a charitable donation receipt.
First-Time Donor's Super Credit
Starting in the 2013 taxation year, a temporary non-refundable first
time donor’s super credit (FDSC) will supplement the charitable
donation tax credit (CDTC), adding 25% to the rates used in the
calculation of the CDTC for up to $1,000 of monetary donations. You
can only claim this credit once during the 2013 to 2017 taxation
years, and to be eligible neither you nor your spouse, or common law
partner, can have claimed the CDTC in any of the five preceding tax
years.
TFS Foundation Registered Charitable No: 11925 9455 RR0001