Maccabi Canada is a Registered Canadian Amateur Athletic Association and can issue official donation receipts and receive gifts from other charitable organizations. Maccabi Canada’s registration number is: RCAAA 140092321RR0001 or click here.
Part I. General Tax Receipts Information
Tax receipts will be issued for donations of $18 and above.
On-line Donations: Tax receipts for donations made online are issued immediately in the form of a PDF file and are emailed to the e-mail address provided by the donor.
Cheque Donations: Tax receipts for donations made by cheque or cash are issued within 10 business days of the time received in the Maccabi Canada head office, and will be emailed to the donor in the form of a PDF file. Tax receipts for donations made by cheques are issued for the year in which they were received in our office. Donations received after January 1st cannot be added to the previous year.
Cumulative Donations: Cumulative tax receipts are issued for cash or monthly donations at the end of the year.
See below for information on tax receipts for gift-in-kind and events.
Maccabi Canada will issue a tax receipt in the name of the individual or company that made the donation. Maccabi Canada will only issue an official tax receipt in the name of the true donor. Maccabi Canada reserves the right to refuse issuing a tax receipt under a name that is different than the person/organization named in the transaction.
In a case where a person or an organization is acting as a donation collector, the tax receipt will be issued to those whose property is being donated. In such a case, the intermediary must provide the following information:
If a donation is made by a cheque that has two names on it, Maccabi Canada will issued a tax receipt with either or both names. For example, a cheque is written on a joint account held by spouses.
In a situation where the donor asks to issue a tax receipt in another name and there is no clear evidence as to the true donor, Maccabi Canada may ask for a written statement from a person providing the donation as to the identity of the true donor.
Gifts-In-Kind and Fair Market Value
Tax receipts for gift-in-kind are issued separately for each gift.
Gift-in-kind is a gift of property. The tax receipt amount is the fair market value of the donated property.
Fair market value (FMV) is the highest dollar value that a buyer is willing to pay and a seller is willing to accept in an open and unrestricted market where both buyer and seller are knowledgeable, informed, and prudent, and who are acting independently of each other.
If the estimated market value of a property is more than $1,000, an independent professional appraisal must be done by a third party at the donor’s expense. Gifts with estimated value of under $1,000 can be evaluated by a member of Maccabi Canada or another individual who has sufficient knowledge of the property. In both cases, the name and address of the appraiser must be provided to Maccabi Canada and included on the tax receipt.
Deemed Market Value
If a donor purchased a gift less than three years before donating it to Maccabi Canada, the value for tax receipt purposes would be the price paid by the donor for that property. For example, if a donor purchased a property for $500 and one year later donates that property to Maccabi Canada, the tax receipt will be issued for $500 even if the current FMV is $800 dollars.
Note: According to CRA, if a donor fails to disclose the fact that a gift is subject to the deemed market value rule, and receives a tax receipt for an amount higher than the purchase price, the value of that gift could be reduced to nil.
If the fair market value cannot be determined, Maccabi Canada will not issue a tax receipt.
Replacing Lost Charitable Tax Receipts
2. The recipient must acknowledge in writing on the prescribed form that should the original receipt be found it will be returned to Maccabi Canada.
3. On the completion of the above, a duplicate receipt will be issued and marked DUPLICATE.
Correcting Tax Receipts
If tax receipt issued by Maccabi Canada contains incorrect information, a new corrected tax receipt can be issued.
The donor is required to send a written request to Maccabi Canada detailing:
If a new corrected tax receipt is issued, the previously issued incorrect receipt becomes void and invalid.
Note: Changing a donor’s name will require proof as to who the true donor is. If the donor would like to change the address on the tax receipt, a copy of a valid picture ID will be required.
Part II. Information for Tax Receipting Events
Tax receipts for donations made at an event are issued as per part II of this document for the eligible amount.
In order to protect its eligibility for issuing official donation receipts, Maccabi Canada is committed to following all rules and regulations regarding tax receipting set out by the Canada Revenue Agency (CRA). If a tax receipt for your participants is a key factor in the likely success of your event, then please review our tax receipting policy carefully before making any final decisions regarding your event.
The event coordinator is responsible for informing all event participants about Maccabi Canada’s Tax Receipt Policy. Please do not hesitate to contact us for additional information.
Maccabi Canada can issue an acknowledgement letter as a proof of payment to sponsors who wish to claim their contribution as a business expense, and not as charitable donation, in which case, no official donation receipts will be issued.
Tax receipts are issued for donation amounts of $18 or greater. Part I of this document provides guidelines regarding the name on a tax receipt.
In case where a person or a company has acted as a donation collector and is issuing a cumulative cheque to Maccabi Canada, a detailed list of donor information must be provided with the payment.
The provided list must include the following information:
Maccabi Canada has to receive this information within 30 calendar days of the event.
Tax receipts will be issued within 15 business days of the package being received at the Maccabi Canada head office.
Part III. Tax Receipts for The Games.
PAYMENT OF ATHLETE REGISTRATION FEES
Junior and Open Athletes: In accordance with Canada Revenue Agency (CRA), a payment applied to an athlete’s registration fee IS NOT ELIGIBLE for a charitable tax receipt.
Masters’ Athletes: The maximum allowable amount (to be determined following the conclusion of the Games) IS ELIGIBLE for a charitable tax receipt. The charitable tax receipt will be issued only after the Games.
CHARITABLE RECEIPTS FOR DONATIONS MADE TO A TEAM OR SPORT
Donations in support of a team or sport ARE ELIGIBLE for charitable tax receipts.
HOWEVER, if the donor is 1st Party to an athlete, the amount an athlete receives (in accordance with the allocation policy below), will be deducted from the donor’s charitable tax receipt, unless that athlete opts out of the team’s fundraising OR does not qualify as an active fundraising member of the team.
1st Party donors are defined by CRA as:
Charitable receipts to 1st Party donors cannot be issued until after the Games when team fundraising pool allocations have been made and the eligible charitable amount of the donor’s receipt can be determined.
1st Party donations to a team that are paid in 2024 cannot be receipted until after the Games in 2025.
ALLOCATION OF DONATIONS MADE TO A TEAM OR SPORT
Team and sport fundraising consists of funds contributed to a specific team or sport to be used in support of ALL active fundraising members of the team or sport.
To be considered an active fundraising member, a participant must raise a minimum of $1,000 for their team by December 31, 2024. Athlete’s are then eligible to receive proceeds from the team’s fundraising pool.
Team members can opt out of receiving funds from the team’s fundraising pool if they feel they do not require or want financial assistance. If an athlete does opt out, they are still encouraged to fundraise for the team to help teammates who might require financial assistance.
Donations raised in support of the team will be distributed equally among active fundraising members of the team (excluding those who opt out). Distributions may not benefit any specific team member or subset of team members more than others, irrespective of individual team member fundraising results. In cases where an individual may require additional financial support and it is in the best interest of the team to provide that support, a coach can make an application to the Financial Assistance Committee for permission to make an uneven distribution of funds from the team pool.
If the allocation of the team fundraising pool is greater than the amount of the final payment, the team member will have two options:
(i) The team member can donate the additional money to Maccabi Canada and receive a charitable tax receipt for any 1st Party payment greater than the total participation cost; or
(ii) The team member can request a refund for any 1st Party payments equal to the amount greater than the total registration fee.
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