You will be allowed an additional 25 % tax credit if you are a first time donor who made cash donations in 2017 up to $ 1,000. (moneysense.ca)
Credits jump to 40 % and 54 % for first - time donors giving between $ 200 and $ 1,000. (moneysense.ca)
Because a donor's account is invested for potential growth, over time the donor may have more to give, which can sustain their giving even during uncertain economic times. (schwabcharitable.org)