Canadian Wants to make a "deductible" charitable

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Sent: Monday, October 27, 2003 8:58 PM
To: [email protected]
Subject: tax deductible receipt:question
Hi, I direct a charitable organization in the USA and I have a
Canadian friend who will make a donation on the condition that it
be in Canadian dollars and that I send him a Canadian receipt.
What's a Canadian receipt???? Can he do this legally? Thanks for
your attention, please advise. MF
XXXXXXXXX
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david ingram replies:
A Canadian may make a charitable donation in US or Canadian
Dollars to his or her   US  Alma Mater from any source of money
and Canada will honor the contribution.
Other than that, he or she may only make a "Canadian" deductible
contribution with US source Money.  Therefore, to give you a
donation of say, $1,500, he or she would have had to have $2,000
of US dividends, wages, interest, royalties or Capital Gains.
A solution would be for him to make a donation to his local
Canadian Charity with the suggestion that the Canadian charity
make a donation to your organization.  This is a common method of
getting money to charitable pursuits in other countries.
david ingram - [email protected]
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