The tax benefits of making a donation

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Giving is beneficial for you too

By making a donation, you're doing good for yourself while helping others. You also benefit from tax advantages. Once combined, federal and provincial taxes can represent a credit of 48%! Convinced?

Make a donation today. Thank you!

Federal tax credit

  • The firs $200 entitles you to a federal tax credit of 12.5% (federal credit, after a tax deduction of 16.5% for Quebec residents).
  • For any amount exceeding $200, this credit can reach up to 27.5 % of the donation amount.
  • You can combine your donations with those of your partner that haven't been claimed in the past five years.
  • Generally, it's possible to claim a full or partial refund of the amount, up to 75% of your net income.
  • Regarding donations of certified cultural property or those considered "ecologically sensitive," it's possible to claim up to 100% of your net income.

Provincial tax credit

  • The credit is equivalent to 20% of the first $200, then increases to 25.75% for the remaining.
  • Unused donations can be carried forward to the next five years of your tax filing.

Ready to make a donation?

Are these tax benefits convincing you? Take action and allow the HMR Foundation to build healthy communities and contribute to transforming the future of healthcare. Thank you for giving!

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