Item - 2024.EX16.19
Tracking Status
- This item was considered by Executive Committee on July 16, 2024 and was adopted without amendment.
EX16.19 - A Summary of the City’s Donation Activity for 2023
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Decision
The Executive Committee:
1. Received the report (July 2, 2024) from the Chief of Staff, City Manager's Office for information.
Origin
Summary
The purpose of this report is to provide a summary of the City’s donation activity in 2023 as outlined in the annual reporting requirements of the Donations to the City of Toronto for Community Benefits Policy.
For the 2023 fiscal year, 7,618 donations for which tax receipts were issued were received, with a total value of $1.59 million. Donations were made by both individuals and organizations. While most donations came from individuals and organizations that live or operate within the City, donations were also received from other parts of the province and country, and from the United States of America.
It is important to note that this summary includes donations for which tax receipts were issued by the City. This summary does not include donations under $20, gifts from foundations which do not qualify for a tax receipt, or in-kind donations where a tax receipt is not requested by the donor. Agencies and corporations that issue their own tax receipts are also not included in this summary.
Background Information
https://www.toronto.ca/legdocs/mmis/2024/ex/bgrd/backgroundfile-247409.pdf