Donation & Tax Calculator

Thank you for considering a donation to the Toronto Rehab Foundation. Please use this form to calculate the real dollar cost of a charitable donation. Simply type in the amount and the form will automatically provide the net cost of your donation.

Tax Calculator:
 


The Toronto Rehab Foundation will provide a charitable tax receipt for the full amount of your cash donation. Canada Revenue Agency provides tax credits for gifts to eligible charitable organizations. You can claim up to 75% of your net income in charitable donations each year, and carry forward any unused tax credit for up to five years.

The tax credit calculator for individuals on this site assumes that the donor is a resident in Ontario and uses this province's tax credit rates. We encourage you to consult with a qualified financial advisor for the most accurate information with respect to your particular taxation situation.

* Formula used:
(0.2105 x donation amount (up to $200)) + (0.4016 x donation amount minus $200)
Federal tax credit: 15% on donation amount up to $200, then 29% on remainder
Provincial tax credit: 6.05% on donation amount up to $200, then 11.16% on remainder

Charitable Registration Number: 11925 2336 RR0001