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Volunteer Advocate
cf insights cf insights

Why A Holiday Donation Is A Win-Win

Take advantage of the charitable giving tax credit

Each December, Canadians dig deep into their hearts (and wallets) to celebrate the season. We spoil our loved ones with beautiful meals and “wish-list” worthy presents. But the holidays are about so much more than gifts. For some, it’s the marking of a sacred moment in their faith; for others it’s a time of tradition and family; and for many of us, it’s an opportunity to sip on some eggnog and help ourselves to seconds of turkey stuffing.

For all the various reasons we celebrate this time of year, one common thread exists: an opportunity to reflect on how very fortunate we are and to help others in need. One of the best ways you can lend a helping hand and make a difference is to make a gift to a registered charity that holds a special place in your heart.

In the 1960s, a child diagnosed with cystic fibrosis (CF) was not expected to survive past kindergarten. Today, the estimated median age of survival for a Canadian with CF is over 50 years of age. That’s almost a year of life for every year that Cystic Fibrosis Canada has operated. We don’t think that’s a coincidence; it’s because CF Canada has made thoughtful business decisions, invested donor dollars wisely, and invested in areas that drive us toward our mission of finding a cure.

It’s with great thanks to our donors that we have been able to come so far. And with your continued support, we can go even further. Holiday giving is a great way to give back to a community that matters to you. It’s also an opportunity to receive a charitable contribution deduction against your income tax. It’s a win-win. The Canadian government generously rewards donors to charities with tax credits. So if helping make history for cystic fibrosis isn’t enough of an incentive for you to make a contribution, know that your hard earned income is subject to a credit. Want to know just how much of a credit your charitable donation is subject to? Canada Revenue Agency has a charitable donation tax credit calculator for that very purpose.

Thank you for considering Cystic Fibrosis Canada for a year-end donation. ‘Tis the season!

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