Donations

The Airdrie Army Cadets program is free to anyone aged 12 to 18. In order to maintain our programs, we rely on a variety of fundraising income sources including:

  • A casino every two years (through the ALGC),
  • Annual Silent Auctions
  • An annual Garage Sale
  • 50/50 ticket pools
  • Department of Deffence (DoD) programs
  • Corporate donations and
  • Personal donations.

If your organization or company would like to help, please contact us.

Note: cash donations can be addressed to our parent organization, the “Army Cadet League of Canada (Alberta)” for a tax deduction receipt.

 

Making Your Charitable Donations Work Harder

Information from the Alberta Community Spirit Program

Total Annual Donations*

Alberta

Federal

Total Tax Credit**

$500.00

$83.00

$117.00

$200.00

$1,000.00

$188.00

$262.00

$450.00

$2,000.00

$398.00

$552.00

$950.00

$5,000.00

$1,028.00

$1,422.00

$2,450.00

$10,000.00

$2,078.00

$2,872.00

$4,950.00

$25,000.00

$5,228.00

$7,222.00

$12,450.00

(Applies to Alberta taxpayers only)

* Total Annual Donations – When you make a charitable donation to a Canada Revenue Agency registered charity, you receive an official income tax receipt. You will receive a receipt for each individual donation you make.

** The charitable tax credit is non-refundable, which means you must be a taxpayer to benefit from the tax credit.

 

Example

Here’s how to calculate your charitable tax credit with total annual donations of $500. Detailed instructions are provided with your income tax return forms.

  1. Gather all your official charitable donation tax receipts and add them up (i.e. $100 to a youth shelter + $50 to a local food bank + $350 to a health organization = $500 in total annual donations).
  2. Provincial tax credit:
    1. On the first $200, the provincial tax credit rate is 10%, yielding a tax credit of $20.
    2. On the amount over $200, you receive a provincial tax credit of 21% (see note below). This would yield a tax credit of $63.
    3. When you add $20 + $63, your total provincial charitable tax credit is $83.
  3. Federal tax credit:
    1. On the first $200, the federal tax credit is 15%, yielding a federal tax credit of $30.
    2. On the amount over $200, you receive a federal tax credit of 29%. This would yield a tax credit of $87.
    3. When you add $30 + $87, your total federal charitable tax credit is $117.
  4. Your total combined provincial and federal tax credit is $200 ($83 + $117).

Effective January 2007, the Alberta tax credit for eligible charitable donations that exceed $200 in a tax year has increased to 21% of the amount donated. When added to the federal tax credit of 29%, Albertans receive a 50% tax credit on those donations – one of the highest charitable tax credits in Canada. The first $200 in eligible charitable donations made in a tax year continues to receive an Alberta tax credit of 10% and a federal tax credit of 15%.

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