DONOR BENEFITS

Tax Benefits

The Burlington Community Foundation is recognized by the federal government as a "public foundation" with charitable registration.
As such, the Foundation issues official receipts for income tax purposes which may be applied to the extent permitted under the Income Tax Act (Canada). There are also significant benefits derived from donating gifts of appreciated property to the Foundation, both during a person’s lifetime and through a bequest.

For detailed benefits, contact your accountant or tax advisor.

Ability To Keep Pace With Changing Times
The Burlington Community Foundation is structured to keep abreast of changing times so that a gift can always be used meaningfully.

Simplicity And Convenience
Setting up a fund with the Foundation is much less costly and time-consuming than establishing a private foundation, and all subsequent paperwork is handled by Foundation staff.

Lower Administrative Costs
Because the Burlington Community Foundation is a mechanism for the centralized administration of a large family of funds, certain economies and efficiencies are made possible.