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 SPORT IS
Tax Receipting Procedures
Ontario Sailing Member Clubs
 
Sport IS Development Fund Objectives11
Funds may only be collected and re-distributed for any of the following objectives:
  1. To support the youth of Ontario to achieve personal success through sport.
  2. To support the development of athletes in Ontario .
  3. To support the development of coaching skills in Ontario .
  4. To support the development of officials/referee skills in Ontario .
  5. To support the development of leadership in sport in Ontario .
  6. To support the development of a strong and focused sport delivery system in Ontario .
  7. To support the Sport IS promotional campaign.
Member Organizations in good standing with Ontario Sailing are eligible to participate with Ontario Sailing in conjunction with SPORT IS in the tax receipting program.  The organization will complete the SPORT IS Fundraising Project Application Form which will be supplied by Ontario Sailing.  If your organization is interested in applying to SPORT IS please contact Margaret Mummery via email or 1-888-672-7245 ext. 223.
 
Once the form is completed by you return it to Ontario Sailing along with your cheque for $50.00 made payable to SPORT IS.  Please include a sample of any promotional material for the solicitation of funds. 
 
Once the application form has been approved by SPORT IS, they will notify you directly with the Project File Number, which is to be used with all correspondence referencing that file.
 
The organization needs to provide a coordinator/contact person who will accept all donations on behalf of the project/club.   This coordinator will supply each donor with an approved Appendix C to be completed for each donation.
 
Once a sum of donations is received, the organization will issue one cheque, payable to Sport IS.  This should be done on a consistent basis, once per quarter.  A copy of all cheques/credit card slips and original completed Appendix C for each donor will be forwarded to Sport IS along with a copy of the organization's bank deposit slips for these corresponding donations, an Appendix D and cheque for the full amount of donations, made payable to Sport IS.   You will then need to email a spreadsheet of all donors you are reporting to Ana Maria Vela at Sport IS.  Please e-mail the Excel spreadsheet with each donor’s name, address, city, postal code, and amount donated to Ana Maria Vela in order for Sport IS to mail receipts directly to each donor in a timely manner. 
 
There is a fee, levied by Sport IS (the program administrator) – 3% on total donations plus $2 per tax receipt. Once Sport IS has received your paperwork and cheque they will issue tax receipts to the donors and send a cheque back to the organization minus the forementioned fees.
 
It is the organization's responsibility to keep accurate records of donations, and how the donations are spent.  At the beginning of each calendar year the organization will need to submit a reapplication form, reapplication fee of $25 and a report of how funds have been allocated each year, including copies of receipts.  (See example report)
 
For any questions regarding the Sport IS opportunity or to have the proper application forms and paperwork sent to you please contact Margaret Mummery via email or 1-888-672-7245 ext. 223.

 
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