Issue official donation receipts for gifts from individuals and corporate donors. This benefit can significantly increase an organization’s pool of financial resources. It encourages donations as donors receive tangible contribution receipts for tax purposes.

Eligibility to receive gifts from registered charities such as foundations. Organizations with registered charity status can receive grants from foundations and work with them in a collaborative environment to advance their mission.

Direct tax related benefits. Registered charities are exempt from paying income tax and many goods and services they provide are exempt from GST/HST. This means unlocking more resources to advance their mission in communities.

Increased credibility in the community. Community members and other stakeholders tend to hold in high regard registered charities because of the rigorous registration process they go through to obtain the status; thus enjoy more trust publicly. This factor may lead to an increase in volunteers and supporters.