HomeMy WebLinkAboutFCS-18-007 - Donations Made to City-Related OrganizationsREPORT TO: Finance and Corporate Services Committee
DATE OF MEETING: February 5, 2018
SUBMITTED BY: Brenda Johnson, Director of Accounting, 519-741-2200 Ext 7647
PREPARED BY: Brenda Johnson, Director of Accounting, 519-741-2200 Ext 7647
WARD(S) INVOLVED: All
DATE OF REPORT: January 15, 2018
REPORT NO.: FCS-18-007
SUBJECT: 2018 Donations Made to City-Related Organizations
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RECOMMENDATION:
That for the fiscal year 2018, donations received by the City of Kitchener on behalf of City-
related organizations, namely Minor Sports Groups, Neighbourhood Associations, KW Golf
Committee,KW Chamber of Commerce Physicians Recruitment and Advocacy Group,and
Tier 1 and Tier 2 grant recipients, be redistributed to those organizations as intended by the
donor.
BACKGROUND:
The City of Kitchener is authorized to issue donation receipts for income tax purposes when a
donation that legally qualifies as a gift is made to amunicipality as per Section 110 1a of the
Income Tax Act.
REPORT:
Canada Revenue Agency requires that for donations to be eligible for income tax receipts, all
funds must be made payable directly to the City of Kitchener and that any funds re-distributed to
City-related organizations must be approved by Council. Council has granted this approval in
the past on an annual basis.
ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN:
The recommendation of this report supports the achieve
through the delivery of core service.
*** This information is available in accessible formats upon request. ***
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FINANCIAL IMPLICATIONS:
The City issued approximately 200 donation receipts in 2017, totalling just over $62,000. Nine
per cent of donations were made to the city in general and 91 per cent of the donations werere-
directed to city-related organizations as requested by the donor. The cost to process receipts is
minimal and includes postage,paper and staff processing time.
COMMUNITY ENGAGEMENT:
INFORM
advance of the council / committee meeting.
ACKNOWLEDGED BY: Lesley MacDonald, Acting Deputy CAO Finance and Corporate
Services
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