Dance Saskatchewan Inc. is a registered non-profit organization supported by grants from Saskatchewan Lotteries, membership fees, and donations from companies and individuals. Charitable tax receipts can be issued for all donations.
Giving to charity: Information for donors
Registered Charities and Tax Savings
he Canada Revenue Agency (CRA) regulates registered charities under the Income Tax Act.
Under the Act, donations to registered charities may help reduce your individual income tax.
Tax credits are calculated as a percentage of the eligible amount of donations you make.
Did you know?
You do not have to claim all of the donations you made this year on your current year tax return. You can claim them on your return for any of the next five years, but you can only claim them once.
You can also combine your receipts with those of your spouse or common law partner and claim them all on one return to maximize your credits.
CRA Website and Charities Listings
The CRA Website includes a useful resource called "Giving to charity: Information for donors". This user friendly tool provides information about tax savings, donation receipts, the regulation of charities, and how to be an informed donor.
Giving to charity: Information for donors also explains how to search the CRA "Charities Listings" for information on a specific registered charity. The CRA Charities Listings is an online, searchable list of all the registered charities in Canada.
Using the listings, you can access the "Registered Charity Information Return" for a particular charity. The return includes contact information, a description of the charity's activities, and financial information such as income, expenditures, assets, and liabilities.
Visit www.cra.gc.ca/donors to search the listings.