THE PERTH AND DISTRICT COMMUNITY FOUNDATION Newsletter
October 29, 2009	Volume 1, Number 1
UPDATE FOR REGISTERED CHARITIES Reserve the Date: November 27, 2009 The Perth and District Community Foundation 33 Lewis Street Perth On K7H 3K8 Phone 613-326-0295 E-mail pdcf@bellnet.ca We’re on the Web! www.pdcf.ca		October 1, 2009- Marketing Launch The Perth and District Community Foundation has officially launched its ‘new look’ promoting the organization’s mandate, service to the community and the spirit of giving by connecting people who care with causes that matter. The Foundation was incorporated in 2001 as a non-profit registered Canadian charity governed by a community appointed board of directors. It is a member of the Community Foundations of Canada. Its Mission is to build a permanent trust fund to support community needs and enrich the quality of life for the citizens of Perth, Lanark Highlands, Tay Valley Township, and the Township of Drummond North Elmsley. Gifts to the Foundation contribute to the wellbeing of the community and support important initiatives. It provides an everlasting contribution for future generations and honours the donor’s commitment to their community. It can also provide certain beneficial tax advantages to the donor. To truly experience the Perth and District Community Foundation’s new look, visit their new website at www.pdcf.ca and click on http://www.pdcf.ca/about-us.htm to learn more about the Foundation. Now Seeking 2009 Grant Applications 2009 Grant Guidelines for Funding The Foundation serves the western half of Lanark County and as a registered charitable organization, invests funds entrusted to it and makes annual grants from the income earned. Grants are made to registered charities or in certain cases to applicants sponsored by a qualified donee (a registered charity, a municipality, a school board etc.).  The Foundation's granting program supports a broad range of projects and activities that respond to our community's greatest needs by promoting and enhancing programs that: · Support youth, seniors, and the family · Help address acute need in our community · Enhance health and support services · Provides educational opportunities · Promote environmental sustainability · Advance the arts, culture, sports and recreation · Support other services and facilities of a charitable nature Applicants are encouraged to contact the Foundation in order to discuss their project prior to application. In order to receive additional information and an application form please visit our website. Application forms are also available at Allan Chartered Accountant, 22 Wilson St. West, Perth. Mailing address         33 Lewis Street, Perth, ON. K7H 2R4 Phone                         (613) 326-0295 Email                           pdcf@bellnet.ca Website                      www.pdcf.ca Applications must be received by November 16, 2009 and successful applicants will be notified by January 31, 2010. Coming Events CHRISTMAS FUNDRAISER CODE'S MILL INN AND SPA Friday, November 27^th, 2009 Hors d'oeuvres & Cocktails from 5:30pm to 8pm Please join us in celebrating the holiday season with friends while supporting your Community Foundation    Dress: Business attire                               Donation:  $100 per person -                                                                       Payable to: The Perth and                                                                       District Community Foundation A $75 charitable receipt will be issued.                              _______________________________________ If you are able to join us at this important fundraiser and wish to acquire tickets, please contact Brenda Ball, Allan Chartered Accountant Professional Corporation, 22 Wilson St. West, Perth,  Tel 613) 267-6580,ext. 0, or email bball@allanca.com. Thank you for your continued support of your Community Foundation. TAX DEADLINES FOR 2009 CHARITABLE DONATIONS-December 31, 2009 The first $200 you donate is eligible for a federal tax credit of 15% of the donation amount. After the first $200, the federal tax credit increases to 29% of the amount over $200. Generally, you can claim all or part of this amount up to a limit of 75% of your net income. For gifts of certified cultural property or ecologically sensitive land, you may be able to claim up to 100% of your net income. In addition, you will generally be eligible for a provincial tax credit, which varies between provinces. There are three ways that you can maximize your tax credits for donations: Donate over $200 in order to increase your federal tax credit. Amounts over $200 are eligible for a 29% credit. It may be to your advantage to save your official donation receipts for up to five years and claim them all together (this is especially beneficial for claims exceeding $200). You can carry forward any donations you do not claim in the current year and claim them on your return for any of the next five years, although you can only claim donations once. Combine your official donation receipts with those of your spouse or common-law partner and claim them all on the return that will allow for the highest tax credit rate. On May 2, 2006, the Conservative Government eliminated capital gains tax on donations of publicly listed securities to charities, effective immediately. Usually, one half of a capital gain is subject to tax; with gifts of publicly traded securities, that amount is eliminated when the gift is made to a charitable organization, a public foundation such as a community foundation or a private foundation.  You should consult your own lawyer, accountant or other professional advisor about the applicability of this information to your situation.