{"id":4153,"date":"2013-03-22T01:23:00","date_gmt":"2013-03-22T01:23:00","guid":{"rendered":"https:\/\/oafdn.ca\/?p=4153"},"modified":"2022-02-12T01:24:15","modified_gmt":"2022-02-12T01:24:15","slug":"2013-federal-budget-application-to-charities","status":"publish","type":"post","link":"https:\/\/oafdn.ca\/fr\/2013-federal-budget-application-to-charities\/","title":{"rendered":"2013 Federal Budget \u2013 Application to Charities"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"4153\" class=\"elementor elementor-4153\" wpc-filter-elementor-widget=\"1\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5828488 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5828488\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d06e23a\" data-id=\"d06e23a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-99ef9a2 elementor-widget elementor-widget-text-editor\" data-id=\"99ef9a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><img decoding=\"async\" class=\"size-medium wp-image-4154 alignleft\" src=\"https:\/\/oafdn.ca\/wp-content\/uploads\/2022\/02\/Government_of_Canada-300x64.png\" alt=\"Canadian Flag\" width=\"300\" height=\"64\" srcset=\"https:\/\/oafdn.ca\/wp-content\/uploads\/2022\/02\/Government_of_Canada-300x64.png 300w, https:\/\/oafdn.ca\/wp-content\/uploads\/2022\/02\/Government_of_Canada-18x4.png 18w, https:\/\/oafdn.ca\/wp-content\/uploads\/2022\/02\/Government_of_Canada.png 499w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p><p><span class=\"plain_grey\">The 2013 Federal Budget contains a number of items that will be of interest to charities. The government references a continued dialogue with the charitable sector on measures that can increase the number of Canadians making donations. Initiatives promoted by the charitable sector, such as the \u2018stretch tax credit\u2019 or capital gains tax relief on donations of private company shares or real estate were not included. Many of the recommendations contained in the Report of the Standing Committee on Finance \u2013 Tax Incentives for Charitable Giving in Canada (February 2013) remain just that &#8211; recommendations.<\/span><\/p><p><span class=\"plain_grey\">That said, there are measures of interest \u2013 a good summary is found in the\u00a0<a title=\"\" href=\"http:\/\/millerthomson.com\/en\/publications\/newsletters\/charities-and-not-for-profit-newsletter\/march-2013?print=true\">Charities and Not-for-Profit Newsletter<\/a>\u00a0published by Miller, Thomson, a Toronto law firm.<\/span><\/p><p>\u00a0<\/p><p><span class=\"blue\"><strong>Canada Cultural Investment Fund: Endowment Incentives Component<br \/><\/strong><\/span><span class=\"plain_grey\"><br \/><\/span><span class=\"plain_grey\">For large charities, extremely positive news in the Budget \u2013 the $10 million limit on matching funding through the Endowment Incentives Component of the Canada Cultural Investment Fund is being increased to $15 million for the life of the program ( 2015.)<\/span><\/p><p><span class=\"plain_grey\">Economic Action Plan 2013 announces that the Endowment Incentive component of the Canada Cultural Investment Fund will increase to a maximum benefit of $15 million over the life of the program, an increase of 50 per cent. The Endowment Incentives Component of the Canada Cultural Investment Fund helps promote corporate philanthropy and private investment in the arts by providing government grants to match private sector donations.<\/span><br \/><br \/><span class=\"plain_grey\">Starting in 2013, the amount of funding an arts organization can benefit from, over the life of the program, will increase from a maximum of $10 million to $15 million, an increase of 50 per cent. This will help ensure that large arts organizations such as the National Ballet of Canada, the Orchestre symphonique de Montreal, the Banff Centre and the Stratford Festival can continue to demonstrate leadership in building private sector support, while maintaining access to the program for small- and medium sized arts organizations. With this program adjustment, the Government of Canada is taking concrete steps to help ensure that Canada\u2019s arts and culture sector contributes to a strong economy, with arts organizations becoming more resilient and self-sustaining through the continued support of the private sector<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>The 2013 Federal Budget contains a number of items that will be of interest to charities. The government references a continued dialogue with the charitable sector on measures that can increase the number of Canadians making donations. Initiatives promoted by the charitable sector, such as the \u2018stretch tax credit\u2019 or capital gains tax relief on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4154,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"give_campaign_id":0,"nf_dc_page":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[16],"tags":[],"class_list":["post-4153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2013 Federal Budget \u2013 Application to Charities - Ontario Arts Foundation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/oafdn.ca\/fr\/2013-federal-budget-application-to-charities\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2013 Federal Budget \u2013 Application to Charities - Ontario Arts Foundation\" \/>\n<meta property=\"og:description\" content=\"The 2013 Federal Budget contains a number of items that will be of interest to charities. 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