Hello Smithers SNiPs clients and contacts (all friends):
The e mail below was just sent to all Stanley Thompson Society club, corporation and friend members. I am sending it to the SNiPS Distribution List as well in the event I may be able to convince some of you to allocate part of your annual givings to The Stanley Thompson Foundation. Please note the traditional income tax tip included with the message.
All the best for the holiday season and the new year!
I am sending this e mail as an incentive to facilitate your own yearend income tax planning as well as ask for support for the Stanley Thompson Foundation.
Let us together, ‘Inspire the Next Generation of Canadian Golf Course Architects.’
The appreciation of Canadian golf course architecture fosters a healthy respect for history and traditions while championing the works and genius of home grown designers such as Stanley Thompson.
A successful design is as visually pleasing as it is playable. With golf being a form of outdoor recreation, the strong designer is an adept student of natural landscaping who understands the aesthetic cohesion of vegetation, water bodies, paths, grasses, stonework, and woodwork, among other elements.
The Stanley Thompson Foundation is dedicated to supporting and promoting programs in golf design in conjunction with the University of Guelph’s Landscape Architecture program.
This holiday season you can make a difference by giving back to the game you love through the Foundation. Donations can be made via the Donate button below, or alternatively, you can mail your cheque made out to The Stanley Thompson Foundation to:
The Stanley Thompson Foundation
Suite 106, 89 King St W
Dundas, ON Canada
For any of you still not convinced this is a good thing to do please read the tax advice and tips below explaining the benefit of donating more to our Foundation and specifically information about the First Time Donor Super-Credit.
Thank you for your interest in the Stanley Thompson Foundation.
All the best,
Chair, Stanley Thompson Foundation
*a tax receipt will be issued for each donation over $25
Click Here to Donate
Income Tax Information:
Generally, there is a federal credit of 15% on the first $200 of donations claimed in the year and 29% on the amount in excess of $200. After factoring in provincial tax savings, donations in excess of $200 will save you anywhere from 40.2% to 50%, depending on your income level and province of residence. The 2013 federal budget introduced a new temporary First-Time Donor’s Super Credit which permits first-time donors an additional 25% federal tax credit on up to $1,000 in donations. This one-time credit may only be claimed once in the 2013 to 2017 taxation years. For 2013, you will be considered a “first-time donor” if neither you nor your spouse claimed a charitable donation tax credit in any of the five previous years.
Example: The last time you made a donation to a registered charity was in 2006. In 2013, you make a $500 donation to the Canadian Cancer Society. Your federal donation credit is $242 [($200 x 15%) + ($300 x 29%) + ($500 x 25%)]. When the provincial credit is added, your tax savings can be considerable.
Tax tip: If you and your spouse or common-law partner donate more than $200 in any one year, the tax credit will be larger if one of you claims the entire amount. That way, only one $200 needs to be absorbed.