Howe Island Garden Buds

Jan 16, 2020 | Community Reports, Grants - Project Updates

The Grant That Keeps on Giving

When Glenys Elliott sold her house on Howe Island in 2004, she worked with the Community Foundation to use a portion of the proceeds to create a fund dedicated to benefit the community of Howe Island.  The Foundation oversees applications and subsequent grants from the Howe Island Community Fund.

The Howe Island Garden Buds (HIGB or ‘the Buds’) was formed in 2000 by a group interested in gardening and getting together once a month to discuss various topics.  They have initiated several projects to enhance the Island including the Main Ferry Dock, the Township Office, the Fire and Rescue building as well as Sunset Park.  The Township provides a small annual grant for the HIGB to maintain these areas.

Fast forward to 2015.  The ‘foot’ of the Island, where the small ferry docks, was in a very sorry state after a bad winter and it was not very welcoming to residents or visitors, so the HIGB successfully applied for a grant through the Community Foundation.

Several parties were involved including the Township, the County and the Buds.  The area was properly graded and seeded; two trees were planted (a Baby Blue Spruce and a Fire Red Maple), and a picnic table now sits on patio stones in the newly grassed area.

The following winter the Buds decided to put some coloured lights on the spruce tree which the ferry operators found very cheering – and at their request a star was placed on the top.  There have been many comments from residents and visitors that, with these improvements, the Island is very welcoming.  In the summer months we get lots of cyclists riding the length of the Island and the picnic table allows them to have a break and enjoy the spectacular views up and down the St. Lawrence River.

It is a true success story involving many players in the community, that continues to give great pleasure and is a glowing example of the ‘grant that keeps on giving…”

By Shelagh McDonald, Howe Island Garden Buds


 When you give to the Community Foundation you can have confidence that your community will continue to benefit from your gift for many years to come.

2023 Year End Tax Tips

 Both the federal and provincial governments offer donations tax credits that, in combination, can result in tax savings of up to 55% of the value of your gift in 2023, depending on your province or territory of residence. With total cash donations up to $200 in a year, the federal donation credit is 15% of the donation amount. For total donations exceeding $200 in a year, the federal donation credit jumps to 29% (33% to the extent taxable income exceeds $235,675) of the donation amount. Provincial donation credits are also available and the total credit may be up to 55% once total annual donations exceed the $200 in a calendar year.

December 31 is the last day to make a donation and get a tax receipt for 2023. You can help a wide range of charities with a single gift to our endowed Community Fund, support your favourite charity or cause by giving to one of our over 225 funds, or establish your own fund.

Credit Card or VISA Debit Card

If you’re ready to make your gift now, then use our secure online giving page. You have the option of choosing any one of our funds, giving ‘in memory of/in honour of’ instructions, and more. Or, if you prefer, you can simply call 613-546-9696 to make your donation over the phone using your Visa, MasterCard, or AMEX, or VISA Debit card. You can make a one-time gift, or sign up to make a regular monthly donation.


Please make your cheque payable to Community Foundation for Kingston & Area (or “CFKA”), and write your intended fund in the memo line.  Drop it off or mail to: 275 Ontario Street, Suite #100, Kingston, ON, K7K 2X5.

Publicly-Traded Securities 

Gifting publicly-traded securities, including mutual funds and segregated funds, with accrued capital gains “in-kind” to a registered charity or a foundation not only entitles you to a tax receipt for the fair market value of the security being donated, it eliminates capital gains tax too. You should plan gifts in-kind well before year end, to allow for sufficient time to make arrangements. A gift of publicly-traded securities is the transfer of ownership of stocks or bonds to the Community Foundation for Kingston & Area. If you own shares that have increased in value, 50 per cent of the capital gains are taxable. However, if you donate these shares in-kind to CFKA, the gain is tax-exempt. Learn more.

Form 1: Direction to Transfer Securities or Mutual Funds Electronically as a Charitable Donation Complete Form 1 to give your financial advisor/broker the instructions to make the gift to CFKA. The form contains all the information your advisor will need to make the transfer. They will then submit this form to our broker at CIBC Wood Gundy to advise that the transfer is pending.

Form 2: Notice of Transfer of Securities
Complete Form 2 and send it to CFKA to advise us of your gift, and instruct as to what you would like your donation to support.

Proposed Changes to Alternative Minimum Tax

Tax Element Current AMT Regime Proposed AMT Changes
Tax Rate and exception level 15% flat tax rate on an adjusted taxable income in excess of a $40,000 exemption 20.5% flat tax rate on an adjusted taxable income in excess of a $173,000 exemption
Calculating the adjusted taxable income for AMT purposes 100% of non-refundable tax credits included. 50% of non-refundable tax credits included.
Treatment of donations of publicly listed securities 0% of capital gains from donations of publicly listed securities included. 30% of capital gains from donations of publicly listed securities included.

Your AMT may be higher in 2024 (compared to 2023) if your taxable income is over about $173,000, and you have income taxed at lower rates than ordinary income, or deductions or credits that reduce taxes payable, including: Capital gains, Stock options,  Canadian dividends, Unused non-capital losses, net capital losses, or limited partnership losses from prior years, and  Non-refundable tax credits, including the donation tax credit. Speak to your tax profession to see how AMT could affect your situation in 2024, and, if appropriate, to consider triggering a gain or exercising employee stock options.

Contact us at 613.546.9696 or if you need any further assistance.


Community Foundation for Kingston & Area