You already know that it’s better to give than receive. Instead of shopping for things in the last days of 2017, we welcome you to the season of last-minute gifts that give back!
No matter the amount, or the area of need you support, a contribution from you will send a message to our students that like you, they are an essential member of the Acadia family.
We know you have many options to choose from when it comes to making a charitable donation, but we believe that giving to Acadia, which is where you got your start, is a good investment.
You know the difference financial support can make to the educational experience at Acadia. We hope you also know just how much our students and the entire University appreciate your consideration.
Remember, you only have until December 31 to take advantage of 2017 tax-incentives.
On behalf of the entire University community, thank you for your continued support.
We wish you all the best in the New Year!
The Canadian income tax system encourages gifts to charities by granting tax credits to individual donors (corporations may claim deductions). For annual donations under $200, you will receive a tax credit of about 22 cents per dollar donated. In Nova Scotia, for donations exceeding $200, you receive even more - about 50 cents for every dollar donated!
These are federal and provincial tax credits. The provincial tax credit varies depending on the province in which you live. We encourage you to consult with a qualified financial advisor for the most accurate information regarding your personal taxation situation.
For more detailed information regarding charitable giving, please visit the Canada Customs and Revenue Agency website.
Charitable donations may be claimed up to an annual limit of 75% of net income (100% for gifts made in the year of death, including testamentary gifts such as bequests).
Individuals and corporations who donate shares or other securities get a tax break on any resulting capital gain. As of the May 2, 2006 Federal Budget, any capital gains arising on the donation of the securities will be tax-free.
The securities must be publicly traded on certain stock exchanges; for example, the TSE, the NYSE, or certain other listed exchanges.
Unclaimed charitable donations can also be carried forward up to 5 years.
Either spouse can claim the tax credit, regardless of which spouse's name is on the charitable donation receipt.
If you are considering a gift to Acadia University, we encourage you to seek professional financial and legal advice that takes into account your unique circumstances. We also urge you to discuss your gift with a University official prior to finalizing the details of your gift arrangement.