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Charitable donations make a huge difference

Canadian non-profit organizations are broadening their horizons to support essential local community needs during exceptional and unprecedented times. The Limestone Learning Foundation, the charitable arm of the Limestone District School Board is one of those organizations. For over 20 years, the LLF has funded inspiring excellence in “education” projects for students in the Limestone District School Board.  Its mandate provides funding that is not provided by the Ontario Ministry of Education in the fields of Literacy, Numeracy, Science and the Environment, Visual Arts, Music and Health, Wellness and Technology. To date, over $1.8M has been given to over 645 unique projects such as musical instruments, robotics, drone mapping, videography, grow gardens and Indigenous Culture – Honouring the Land.

Most recently, the LLF turned its efforts to the importance of student readiness through good nutrition, by donating $100,000 to the Food Sharing Project. Recognizing the impact of the Pandemic on family income, the foundation realized there was an immediate role to play in keeping students fed and learning. The FSP provides nutritious snacks and meals both at school and for those learning at home. This essential service fits into the LLF mandate and the foundation is privileged to contribute.

Building a strong community through giving to educational foundations such as the LLF allows donors to ensure the health and wellness of our students.

Individuals can make tax-deductible donations to local charities that are near and dear to them.  If the donation of stocks, cash or Life Insurance are made before the end of 2020 an appropriate tax-deductible receipt is provided by the charity.

If you are in a position to pay income tax in 2020, why not give a donation to a local charity, make a difference in these times of the Covid 19 pandemic, and reduce your tax burden in April 2021.  Speak to your Financial Advisor to obtain further advice.  Don’t delay as the year-end is fast approaching.

Talk to your financial advisor. Get in touch.

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