Alumni living in the US donating to charities in Canada.
The top 10 universities in Canada are University of Toronto, The University of British, Simon Fraser University, McGill University, University of Waterloo, York University, University of Alberta, Queen’s University, University of Calgary, McMaster University.
There are US residents who are expats or are alumni of Universities or Colleges in Canada. At times the university, college or community organization hold fundraisers and the expat or alumni seek to donate and or support their cause. Often the question of receiving a US tax-deductible receipt for the donation to the charity in Canada is discussed and explored.
For example, alumnus of the University of Toronto, McGill University of Montreal or University of BC who are living in the US and want to support their former school with a donation of $5,000. When sending the donation directly to the Canadian institution, the university may issue a Canadian tax-deductible receipt. However, the former student are currently residing and working in the US and the Canadian tax-deductible receipt offers no tax benefit or deduction on their tax return.
Charity Exchange offers a solution that can help alumnus of educational institutions in Canada make a US tax-deductible donation to the Canadian institution through their donation matching program. The donor signs up for a charity exchange donor advised fund account and makes a matching donation using the global matching donation platform. The donations is matched with donors in Canada and the Canadian charity or institution receives their donation from the Canadian Donor Advised Foundation.
To learn more about the donation matching program click here
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