Funding matters Inc.

Funding matters Inc.

March 04, 2010 19:02 ET

2010 Federal budget stays course on charitable giving incentives

New on-line software makes it easier to calculate after-tax impact of giving

Attention: Arts/Entertainment Editor, Assignment Editor, Business/Financial Editor, Lifestyle Editor, Tech/Telecomm Editor TORONTO, ONTARIO, MEDIA ADVISORY--(Marketwire - March 4, 2010) - While Thursday's federal budget may not have given Canadians new opportunities to increase their support for Canadian charities, there are still plenty of ways taxpayers can maximize their giving and minimize taxation, said Bill Petruck, president of FUNDING matters®.

Charities are going to continue to focus on raising money through gifts of appreciated capital assets. Donations of public company shares, bonds, mutual fund units and employee stock options are still the most tax-effective way to give, Petruck said.

"We are encouraging charities to develop donor engagement strategies that highlight capital-asset taxation advantages," said Petruck.

Canadians can discover their charitable giving potential through new online software at www.giftabulator.com. GIFTABULATOR® is an easy-to-use online tool that calculates after-tax impact of charitable gifts.

Founded in 1997, FUNDING matters® set out to find a new way to build organizational capacity and transform philanthropy. Since then, organizations, corporations, individuals and governments have sought our counsel and have benefited from our hands-on approach in helping them to achieve their vision. Today, FUNDING matters® is one of the largest and most successful capacity building firms with a strong track record of client success.
/For further information: http://www.fundingmatters.com
http://www.giftabulator.com/ IN: ECONOMY, FINANCE, SOCIAL, TECHNOLOGY, OTHER

Contact Information

  • Bill Petruck, President, FUNDING matters Inc.
    Primary Phone: 416-249-0788
    Secondary Phone: 416-579-0870
    Toll-Free: 800-856-1354
    E-mail: wpetruck@fundingmatters.com