A Note on the Control and Distribution of Funds
Spending of funds is confined to National Committee approved programs and projects. Each contribution designated toward an approved program or project will be used as designated, with the understanding that when the need for such a program or project has been met, or cannot be completed for any reason determined by the National Committee, the remaining contributions designated for such programs or project will be used where needed most. Gifts are acknowledged and receipted with an official receipt for income tax purposes.
Donating to MSC
MSC Canada is a charitable organization registered with Canada Revenue Agency (CRA). This means that donations can be made to MSC for its charitable work, and receipts issued which are valid for taxation purposes in Canada. MSC’s vision is stated elsewhere on this site.
No deductions for operating and administration expenses are taken from donations, unless MSC is specifically instructed to do so by the donor. Operations expenses are met from donations earmarked by donors for that purpose, or from other sources such as investment interest. These expenses have historically been less than 5% of total receipts. Operations expenses include office staff salaries, building maintenance, utilities, bank charges, postage, stationery, and miscellaneous costs. Financial statements are audited (by Grant Thornton – Chartered Accountants) and filed with Canada Revenue Agency. A copy of the financial statement is available on request and Audited Financial Statements are available at any time here on MSC’s website.
An important note: The regulations that govern charities in Canada allow a tax receipt only for donations that are legitimately for the charitable work of the charity. Purchases, birthday gifts, anniversary gifts, and the like cannot receive a receipt for tax purposes, even if intended for a worker associated with MSC. Please contact the office for instructions on handling such matters.
Donations to MSC Canada can be made in a variety of ways:
Pre-Authorized Donation (PAD)
Many donors would like us to take a regular amount from their bank account each month to be used for the Lord’s work in a specified way. This is a particularly convenient way to handle things when the donation is the same each month. We have provided a form on this web-site in PDF format which you can download, print out, and mail to us. This gives our bank the authority to process the transaction. Click here to download the form.
eTransfers are a convenient, instant way to give which have some limitations. In most cases, there is a firm daily limit on how much you can transfer – check with your financial institution to be certain of your limit. MSC has a few email addresses you can send to, which are listed here. If you choose to give this way, please keep in mind that you should still go through the process of setting up your donation here on msccanada.org so that a distribution list for your donation is also submitted.
Online Credit Card Donations
Online transactions have become more secure, and the benefits of an almost instantaneous transaction have made this an attractive means of giving. The risks and delays of sending items through the mail are also eliminated. You, as the donor, should be aware that MSC Canada is charged a 3% fee on every transaction handled by our payments processor (PayPal) and this fee is passed on to donors directly, so 3% is added to any credit card donation made online.
MSC Canada has a secure, encrypted GIVE section that allows you to make donations via credit card. Donations can be directed to a specific mission worker, project, MSC program, or MSC’s Operations. Please remember that if you have a special request or need more information, you should contact MSC first. To protect your security, all credit card transactions are processed by PayPal, which means that we never have access to your credit card information. You do not need to have to have a PayPal account to donate. You will receive an acknowledgment via email, and annual receipt (typically in February), for the entire amount of your donation. MSC Canada is charged 3% for this service and requires that donors pay this fee when they choose to use a credit card. MSC does not receive this 3% fee.
Cash, Cheque, or Money Order
Simply mail to the MSC office a Canadian cheque or money order, payable to MSC Canada, with a brief note indicating how the funds are to be allocated. If you have previously sent a donation, there is a handy “tear-off” section on each acknowledgement you can use for this purpose. Cash should not be sent through the mail, but can be delivered to the office during regular office hours.
Through Another Charitable Organization
It may be that you are a member of a local church, or other registered charity, that is willing to forward a donation you have made to that charity to MSC Canada. MSC is considered a “qualified donee” in that transaction. The receipt for tax purposes would be issued by the charity you are associated with, but the funds would be utilized by MSC for its charitable purposes.
Some wish to include MSC Canada in their will, and we have provided some instructions on a separate page.
Gifts in Kind
Canadian charities can receive certain classes of items as “gifts in kind” and issue a receipt for tax purposes upon receipt. This could be shares or other assets. Since the details of the donation are a little different than other ways of donating, please contact the office first for instructions.
Other Ways to Give
It is possible to give in a variety of other ways; insurance policies, annuities, charitable remainder trusts, etc. If you have an interest in any of these, you need to consult a financial advisor.