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All donations to our organizations are absolutely appreciated -- whether from a corporate business or an individual. Alberta resident individuals who donate are especially important. Their donations are potentially matched up to a level of 90% by the Community Spirit Program.
Donation Grant Program
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We can apply to the
program once we demonstrate we have received the minimum total of
$1,000 in eligible cash donations from individual Albertans. The maximum
grant available is $25,000 per year, up to a maximum of $50,000 over
three years.
Examples are given below.
Example 1:
$100 Donation
- $ 25 Tax Credit
$ 75 Out of Pocket Donor Expense
$ 90 CSP 90% Matching Grant
$ 190 Net contribution to the Theatre
$75 out of this donor’s pocket brings a total of $190 into the Theatre’s operational revenue.
Example 2:
$1,000 Donation
- $ 450 Tax Credit
$ 550 Out of Pocket Donor Expense
$ 900 CSP 90% Matching Grant
$1,900 Net contribution to the Theatre
$550 out of this donor’s pocket brings a total of $1,900 into the Theatre’s operational revenue.
Example 3:
$2,500 Donation
- $1,200 Tax Credit
$1,300 Out of Pocket Donor Expense
$2,250 CSP 90% Matching Grant
$4,750 Net contribution to the Theatre
$1,300 out of this donor’s pocket brings a total of $4,750 into the Theatre’s operational revenue.
Click here for the CRA’s online tax credit calculator
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