INVESTING IN THE FUTURE
The donations received have a lasting impact on the organisation. They are invested to support the OSJM for years to come.
In so doing, we ensure that the orchestra can continue to offer exceptional opportunities to young musicians promote their development and allow their talents to shine on the national and international stages.
Through financial planning and strategic investments, the OSJM aims to build a stable foundation that will up hold its mission and sustain the OSJM for generations to come.
First Major Cultural Donation
MAXIMISE YOUR IMPACT WITH THIS UNIQUE TAX BENEFIT
The Government of Quebec encourages individuals to support culture by offering an additional tax credit of 25% on any first major cultural donation. The conditions to claim this credit are as follows:
- The donation must be between $5,000 and $25,000.
- The donation must be made to an approved organisation that operates within the arts and culture industry in Quebec.
- The donor may not have previously benefited from this credit.
A donation to the OSJM goes far beyond the amount you give
For every dollar received in donations, the OSJM puts the amount into an endowment and applies for a grant from the Mécénat Placements Culture program. This grant is in turn put into investments that generate regular annual earnings.
Over the last few years, the Mécénat Placements Culture grant has been approximately $2** for every $3 invested. For example, if you were to donate $15,000, the OSJM would receive an additional $10,000 from Mécénat Placements Culture which would ultimately represent an investment of $25,000.
**This amount may be higher or lower depending on the number of applications received in the year.
INVESTING IN THE FUTURE
The donations received have a lasting impact on the organisation. They are invested to support the OSJM for years to come.
In so doing, we ensure that the orchestra can continue to offer exceptional opportunities to young musicians promote their development and allow their talents to shine on the national and international stages.
Through financial planning and strategic investments, the OSJM aims to build a stable foundation that will up hold its mission and sustain the OSJM for generations to come.
First Major Cultural Donation
MAXIMISE YOUR IMPACT WITH THIS UNIQUE TAX BENEFIT
The Government of Quebec encourages individuals to support culture by offering an additional tax credit of 25% on any first major cultural donation. The conditions to claim this credit are as follows:
The donation must be between $5,000 and $25,000.
The donation must be made to an approved organisation that operates within the arts and culture industry in Quebec.
The donor may not have previously benefited from this credit.
A donation to the OSJM goes far beyond the amount you give
For every dollar received in donations, the OSJM puts the amount into an endowment and applies for a grant from the Mécénat Placements Culture program. This grant is in turn put into investments that generate regular annual earnings.
Over the last few years, the Mécénat Placements Culture grant has been approximately $2** for every $3 invested. For example, if you were to donate $15,000, the OSJM would receive an additional $10,000 from Mécénat Placements Culture which would ultimately represent an investment of $25,000.
**This amount may be higher or lower depending on the number of applications received in the year.