Nan Yeomans Grant for Artistic Development

 

Background

Nan Yeomans was a prominent Kingston artist dedicated to supporting local and emerging artists in the visual arts. In her late twenties she enjoyed three summers at Queen’s University Summer School of Fine Arts, and subsequently she lived most of her adult life in Kingston. From then and for the rest of her 82 years she stayed busy with her art and her other responsibilities, but always found time to contribute to the community. She died in 2004, leaving all of her art and almost all of her estate to the Community Foundation for Kingston & Area.

It was Nan’s wish to fund a grant for promising young artists and artisans developing their talents in the greater Kingston area. The Nan Yeomans Fund, established at the Community Foundation for Kingston & Area with her bequest, now provides for an annual award in her name that is administered by the Kingston Arts Council.

 

Summary

This annual award of $2,500 is intended to help promising young artists and/or artisans in the visual arts to further their professional artistic growth.  Applications are evaluated by a peer jury, which will select one applicant to receive the award, based on the artistic merit of the applicant’s work, previous accomplishments, and the eligibility of the proposal.

Applications details can be found at the bottom of this page.

The Nan Yeomans Grant is made from the Nan Yeomans Fund held at the Community Foundation for Kingston & Area. The Kingston Arts Council administers the competition for this annual grant.

 

Deadlines

Please refer to the Kingston Arts Council’s website about the Nan Yeomans Grant for submission deadlines. The deadline is usually in the fall of each year.

 

Fields of Interest

Arts & Culture and Youth.

 

Geographic Area

Applicants must be living in the geographic area served by the Community Foundation, namely:  City of Kingston, Loyalist Township and all four Frontenac Townships.

 

Specific Eligibility Criteria 

  1. This award is open to all emerging artists and artisans between 17-40 years of age, in the early years of their professional careers. The Nan Yeomans Grant defines an ’emerging’ artist and artisan as one who has specialized training in their field (not necessarily gained in an academic institution), who is at an early stage in their career, and who has created a modest independent body of work.
  2. Only artists working in visual media may apply. This includes all disciplines and cross-disciplines of painting, printmaking, drawing, photography, sculpture, installation, pottery, weaving, spinning and sewing, glasswork, and metalwork, and also includes video and experimental film-making. Experimental sound work and performance art may be considered if the art practice in question has a visual component and/or speaks to a visual arts context.
  3. Eligible uses of the grant include: funding post-secondary studies in an arts program, enrollment in workshops, specialized skills training, mentorships and residencies, the purchase of equipment and/or materials, and travel costs only where such use of the grant will directly enable the applicant to work closely with other artists of similar or advanced skill level.

How to Apply

Please visit the Nan Yeomans Award webpage on the Kingston Arts Council’s website to apply for the Nan Yeomans Grant for Artistic Development.

 

Contact

If you have any questions about the Nan Yeomans Grant for Artistic Development, please contact the Kingston Arts Council at info@artskingston.com or 613.546.2787.

 

Donate

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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.

Cheque

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 giving@cfka.org if you need any further assistance.

 

Community Foundation for Kingston & Area