Shay Locomotive with Bytown Railway Society rolling stock in action on the Canada Science and Technology Museum campus, August 21, 2011
The Society has selected CanadaHelps, a non-profit organization that provides other non-profits with a platform for donating and fundraising online. CanadaHelps has a spotless record for safe and secure payment processing and provides instant tax receipting.
We have created two funds which you can designate your donation to:
- General - Your donation is used where the Society feels the greatest need.
- Equipment Maintenance/Restoration - Your donation is used for equipment maintenance/restoration where the Society feels the greatest need. Some examples of current equipment work is as follows:
- Canadian National 6200 Locomotive Cosmetic Upgrade. You can read all about the 6200 restoration work here.
- Canadian National 4977 Passenger Car Repairs. You can read all about the 4977 restoration work here.
Donate Securities and Mutual Funds through CanadaHelps
The Canada Revenue Agency does not apply capital gains tax on donations of publicly traded securities. Capitals gains are the increase in the value of your securities over the price you paid at purchase.
When you sell your shares for cash, you’re responsible for the tax due on the gain, even if you plan to donate the proceeds from the sale. If you pay the tax out of those proceeds, there’s less money left to donate. The charity receives a smaller donation and you have a smaller donation to claim for your charitable tax credit at the end of the year.
But when you donate your securities directly through CanadaHelps, those capital gains aren’t subject to tax. This means your charity receives a larger gift, and you’ll benefit from a tax receipt for the full value of your eligible securities or mutual funds. For more information about the benefits of donating securities and mutual funds, please visit https://www.canadahelps.org/en/why-canadahelps/ways-to-give/benefits-of-donating-securities/
Ottawa Community Foundation
Bytown Railway Society also has a legacy fund with the Ottawa Community Foundation. This fund was created for long-term sustainability, and a way for people to be forever linked to their passion, railway heritage, by leaving a bequest or gift of life insurance in support of our mission.
The Ottawa Community Foundation (OCF) is a public, non-profit organization created by and for the people of Ottawa. Connecting people who care with causes that matter since 1987, the Foundation works with the community as a trusted partner to fulfill impact philanthropy and bring about positive, systemic and sustainable change in our city, regionally, nationally and beyond.
Online donations may be made directly to the Bytown Railway Society Fund held by the Ottawa Community Foundation. OCF's online system provides a safe and secure environment through which donors may make a donation.
Simply click on the link below and this will open OCF's online donation system where you will have to enter the name of the fund (Bytown Railway Society Fund) to which you wish to donate. You will then be prompted through the rest of the donation process. Electronic receipts for donations of $20 or more will be provided by email. Donors who make monthly donations will receive a receipt for the full amount at the end of the year.