University Alumni living in Canada donating to US Organizations.

The top 20 universities in the United States are Harvard University, Stanford University, Massachusetts Institute of Technology (MIT), University of California, Berkeley (UCB), Columbia University, University of California, Los Angeles (UCLA), Yale University, University of Pennsylvania, Princeton University, Cornell University, New York University (NYU), University of Chicago, Duke University, Johns Hopkins University, University of Southern California, Northwestern University, Carnegie Mellon University, University of Michigan, California Institute of Technology (Caltech), Brown University.

There are many Canadian residents who are expats or are alumni of Universities or Colleges in the United States. At times the university, college or community organization in the US hold fundraisers and the expat or alumni seek to donate and or support their cause. Often the question of receiving a Canadian tax-deductible receipt for the donation to the charity in the US is discussed and explored.

For example, alumnus of Harvard University, Stanford University or Massachusetts Institute of Technology (MIT), who are living in Canada and want to support their former school with a donation of $10,000. When sending the donation directly to the American institution, the university may issue a US tax-deductible receipt. However, the former student is currently residing and working in Canada and the US tax-deductible receipt offers no tax benefit or deduction on their tax return.

Charity Exchange offers a solution that can help alumnus in Canada of US educational institutions 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 the US and the US charity or institution receives their donation from the US Donor Advised Foundation.

To learn more about the donation matching program click here

 

 

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