First large donation to culture
The Government of Quebec offers an additional 25% tax credit when you make your first large donation to culture. Your first large donation to culture represents a substantial donation to La Guilde, which relies on our community of supporters to fulfil our mission.
Eligibility for a first large donation to culture
- It is a monetary donation, the eligible amount of which is at least $5,000 but no more than $25,000. Donations in-kind are not eligible.
The donation must be made by an individual (other than a trust) who is a resident of Québec.
- The donation may be made in one or several installments during the fiscal year.
- The donation is made to one of the following organizations :
- a registered charity operating in Québec in the arts or culture sector,
- a registered cultural or communications organization,
- a registered museum.
- The credit applies to only one donation during the taxpayer’s lifetime.
An example of the enhanced tax benefits of your first large donation to culture
Donation | 5 000 $ | 10 000 $ | 25 000 $ |
Estimated tax credit (federal and provincial) | 2 397 $ | 4 789 $ | 12 022 $ |
First large cultural donation credit | 1 250 $ | 2 500 $ | 6 250 $ |
Total credit | 3 629 $ | 7 289 $ | 18 272 $ |
Estimated net cost of the donation with the first large cultural donation credit | 1 371 $ | 2 711 $ | 6 728 $ |
This table is based on a taxable income of less than $129 590. The figures provided above are estimates and do not reflect all possible tax situations. La Guilde does not provide financial or legal advice. We encourage you to consult with your tax advisor to ensure that the option you choose reflects the specific circumstances of your situation.
Canadian Guild of Crafts charitable registration number: 118832997 RR 0001