Make a gift to Glenview
How can I make a tax-deductible gift to Glenview?
Donations and gifts are allowable deductions for income tax purposes.
Taxation benefits
The table below shows how taxation benefits can enable you to make a larger gift to Glenview than you may have previously considered.
Recognition of gifts
| Annual taxable income |
Total tax liability |
Gift | Taxable income |
Revised tax liability |
'Saving' in tax |
'Cost' of gift |
|---|---|---|---|---|---|---|
| 20,000 | 55,000 | 12,672 | 8,290 | 11,710 | ||
| 75,000 | 20,962 | 10,000 | 65,000 | 16,512 | 4,450 | 5,550 |
| 5,000 | 70,000 | 18,612 | 2,350 | 2,650 | ||
| 10,000 | 45,000 | 9,672 | 3,000 | 7,000 | ||
| 55,000 | 12,672 | 5,000 | 50,000 | 11,172 | 1,500 | 3,500 |
| 2,500 | 52,500 | 11,922 | 750 | 1,750 | ||
| 5,000 | 30,000 | 5,172 | 1,500 | 3,500 | ||
| 35,000 | 6,672 | 2,500 | 32,500 | 5,922 | 750 | 1,750 |
| 1,000 | 34,000 | 6,372 | 300 | 700 |
All gifts will be acknowledged and be given appropriate recognition (consistent with the donor's wishes).
Specific items
A schedule of specific items may be provided which lists the costs of items to be purchased, and donors may wish to donate the cost of these items.
Donations received by Glenview are used for capital improvement projects and to reduce borrowings, unless made for a specific purpose.
Donations can be be sent in cash, cheque or money order to Glenview. They may also be made in person at reception.
More information
If you would like to discuss your options or find out any additional information, please call our Finance Manager Director of Community Services.