Welcome Back Northern Students! Good luck in the 2016-2017 School Year!  

 

DONATION FAQ’s

How do I donate?

You will be redirected to our CanadaHelps.org portal where you will be able to specify which fund you would like to donate to. An administration fee of 5% on all monies donated to the NSSF shall be imposed and such fee shall be allocated to the General account.

Canada Help Website

Or send in a direct cheque made out to the Northern Secondary School Foundation c/o 851 Mt. Pleasant Rd. Toronto Ontario M4P 2L5 If you would like to donate specifically to a department, general fund or project…please indicate that in the cheque memo line.

Are gifts eligible for receipts?

Before issuing a tax receipt, we must determine if the NSS Foundation has truly received a gift according to the Canada Revenue Agency’s (CRA’s) definition. A gift must be:

  • voluntary, and
  • a transfer of property (for example, cash, stocks, real estate, clothing).

To be eligible for a tax receipt, a gift must also:

  • be able to be valued; and
  • enrich the charity (that is, the gift must be the result of an intention to make a donation).

If the donor receives something in return for their gift (known as an “advantage” by CRA), we may or may not be able to issue a receipt for part of the gift (known as the eligible amount of the gift).

What are the rules for split receipting?

Split receipting arises when a charity provides some value to a donor (an advantage) in recognition of, or in return for, their gift. The general principle is that a receipt can be issued for the value of the gift less the value of the advantage.

Situations in which a donor might receive an advantage include:

  • fundraising events, including dinners or cocktails;
  • silent or live auctions;
  • concerts, shows, or sporting events (for example, golf tournaments); and
  • membership fees paid to a charity.

Before we can issue a tax receipt for a gift or part of a gift, we must

  • be satisfied that the donor really intended to make a gift (as opposed to simply obtaining the advantage); that is, that the donor intended to enrich the charity, and

·         be able to determine the values of both the gift and the advantage. See Valuing Gifts and Advantages for details on this.

GET INVOLVED – SET UP A SCHOLARSHIP


Support Northern Students.

Please fill out the document below and mail it to the address inclosed. A member of the Scholarship committee will get in touch with you shortly.

Thank you for your interest in creating a scholarship that will support Northern Students.

Download New Scholarship Form