Tax Centre

As a registered charitable organization, the University Hospitals Kingston Foundation issues official gift receipts for all contributions. That receipt can then be used to receive a federal and provincial tax credit on your annual income tax return.

The size of your credit varies depending on the province in which you live. You can claim all of part of each donation up to the limit of 75% of your net income for the year. Either spouse can claim the tax credit, regardless of whose name is on the charitable donation receipt. And remember: unclaimed donations can be carried forward for up to 5 years.

If you choose to donate shares or other securities, you could be eligible for a tax break on any resulting capital gain. Please note: the shares or securities you donate must be listed on prescribed stock exchanges.

Your financial advisor can help you find the tax solution that works best for you. For more general information, you can also visit the Canada Customs and Revenue Agency Web site.

Tax Examples Guide
See our latest Tax Examples Guide with information on various gifts and their tax implications.

Tax Credit Calculator
The tax credit calculator for individuals on this site assumes that the donor is resident in Ontario and uses this province's tax credit rates.

PLEASE NOTE: The figures used in this calculator may not be accurate. We encourage you to consult with a qualified financial advisor for the most accurate information with respect to your particular taxation situation.

Donation amount: $

Tax credit: $0.00

Net cost: $0.00

The formula for the tax calculation is:
  • entered amount
  • (0.2205 x donation amount (up to $200)) + (0.4016 x (donation amount minus $200)) Federal Tax Credit: 16% on Donation Amount up to $200 then 29% on remainder Provincial Tax Credit: 6.05% on Donation Amount up to $200 then 11.16% on remainder
  • line 1 minus line 2


We can help
Please contact us to discuss how your gift can generate tax savings. We’d be happy to help you.

Thank you for supporting our hospitals.

Disclaimer:
The information on this web site is provided for information purposes only and should not be construed as offering tax advice. In all cases we recommend independent advice from your professional advisors prior to finalizing a charitable gift or acting upon the information provided herein.