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Jun 28, 2021
Give More Strategically To Avoid The Tax Time Crunch
Canadians give generously at the end of each year. According to Imagine Canada, many charities receive about 40% of their donations in the last six-to-eight weeks of the year. As many donors scramble to give before the tax deadline, online donations in December alone represent about 22% of donations made all year through CanadaHelps. While this end of year giving is critical for the charitable sector, it has two implications.
The first is that charities are overly dependent on the winter...