HOW MUCH TO DONATE
Tips to determine how much you can donate
Deciding how much to give depends on your finances, values and priorities. These tips can help you make a plan that fits. • Consider your financial situation. Before giving to others, assess your own budget and prioritize essentials. Review your income, expenses and savings to see what you can comfortably set aside. Start small — even $10 or $20 a week can add up. • Aim for a giving standard. The organization Giving What We Can suggests 10 per cent as a meaningful and achievable target for many donors. But any amount — and any percentage — is personal. • Think about tax planning. Charitable donations may qualify for tax credits. Keep receipts and consider speaking with a tax professional about what applies to your situation. • Review your giving plan regularly. Reassess from time to time, especially when your circum- stances change. Your capacity to give may shift over the years. • Consider non-monetary contributions. If you want to give but finances do not allow for it right now, you can donate time or skills, which can be just as important as money for some organizations. Giving is personal — there is no one-size-fits-all amount. Choose a level of support you can sustain, and adjust as your life changes. P eople donate to charities for many reasons. Some support organizations funding research into diseases that have affected them or their loved ones. Others give to help animals, strengthen communities or back a cause they care about. For some, donating is also part of tax planning.
Leave a Legacy
Your bequest will make a lasting impact on the lives of students at the University of Winnipeg and the University of Winnipeg Collegiate. For more information about making a planned gift, please contact: Javier Schwersensky, President and CEO P: (204) 786-9995 TF: 1 (866) 394-6050 ceo.uwf@uwinnipeg.ca
uwinnipeg.ca/planned-giving
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Manitoba
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