Global Learning Giving Initiative

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Global Learning Giving Initiative

• Giving The Gift of Learning

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Agenda

• Who is Global Learning Group Inc. (GLGI)?
• What is the GLGI program?
• Why would anyone be interested in this program?
• How does the Giving Initiative work?
• Who is Glooscap Heritage Society?
• Who is Malvern Rouge Valley Youth Services
  (MRVYS)?
• How does your donation benefit charities?

• What makes the GLGI program better than its
  competitors?
• What is the GLGI defence fund?
• Who issues the donation receipts?
• What is your charitable donation limit?
• How do you participate in the GLGI program?
• Question Answer session

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Who is Global Learning Group Inc.(GLGI)?

• A private fundraising company
• Formed in 2004 under the laws of the Province Of
  Ontario
• Established to facilitate and promote
  good-hearted initiatives
• Currently fundraising on behalf on several
  charities across Canada to give
• the less fortunate free access to relevant
  educational courseware

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What is the GLGI program?

• A voluntary tax shelter charitable program
• Focuses on enriching empowering the less
  fortunate people in our society to learn new
  skills to market to potential employers
• Courseware available include Microsoft Word,
  Excel, PowerPoint, Access, Publisher, etc..
• Gives the donor the opportunity, through their
  participation
• in this voluntary gifting program, to donate
  courseware for use by under-privileged
  individuals within Canada

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Why would anyone be interested in this program?

• The less fortunate are being empowered with the
  opportunity of free access to educational courses
  and to market their newly acquired skills to
  potential employers
• Less fortunate gaining employment will result in
  a better financial economy. There would be less
  need for them to seek the aid of financial
  assistance
• Increased employment means that the Government
  can collect more in taxes, which results in
  better roads, health care, education, etc..
• New skills are geared towards the technological
  world we live in

• By participating in this program, you are
• issued charitable tax receipts, which can be
  used to help reduce the amount of taxes payable
  to Canada Revenue Agency (CRA)

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How does the Giving Initiative work?

• Interested individuals may apply to become a
  Capital Beneficiary of the Global Learning Trust
  (2004)
• There are two (2) conditions that must be
  satisfied prior to the application being
  completed
• The donor must be a Canadian resident as defined
  under section 116 of the Income Tax Act which
  simply states that an individual need to have
  resided in Canada for 183 days within a calendar
  year and
• The donor must provide proof of a previous
  charitable donation made in
• either the current or previous calendar year
• If accepted, applicants (beneficiaries) may
  receive from that Trust educational courseware at
  no cost to them
• Beneficiaries may then choose to donate to
  charity the courseware at its Fair Market Value
  (FMV)
• If they donate the courseware, they receive an
  official income tax receipt from the
• charity for the FMV of the courseware
• Individuals are also encouraged to donate cash
• An official income tax receipt is also issued for
  the cash donation

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Who is the Glooscap Heritage Society?

• Glooscap Heritage Society and the Millbrook Band
  is a First Nations registered charity, operating
  under charity 863402293 RR 0001. They have
  been since 1990
• committed to increasing economic development
  within their community
• They provide employment, training, education
  other programs that were not previously
  accessible to their band members
• Their focus is on educating their Band members so
  that they can realize their goals
• They currently have several successful business
  ventures, such as The Power Centre Business Park
• They are known for their leading edge commercial
  fishery aqua-culture and have created a
  partnership with General Dynamics to replace
  Canadas aging fleet of Sea King Helicopters
• You can visit them at www.glooscapheritagecentre.c
  om to learn more

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Who is Malvern Rouge Valley Youth
Services(MRVYS)?

• A non-profit charitable organization, operating
  under charity 852234129 RR001
• They are dedicated to the enhancement of the
  quality of life for residents of Northeast
  Toronto surrounding communities
• They cater to any ethnic group in need of their
  services
• They provide a range of services for
  disadvantaged youths their families
• Some of these services include workshops on
  parenting skills, anger
• management, conflict resolution, effective
  communication skills, and other soft skills.
• They provide leadership and educational training
  classes free of cost to the less fortunate within
  these communities
• You can visit their website at www.mrvys.com to
  learn more

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How does your donation benefit charities?

• With the launch of the equi-pass program in 2007,
  there are over 200 learning centers across Canada
  benefitting from the donated courseware

• The MRVYS center was recently renovated to
  accommodate the increase in volume of individuals
  seeking free computer classes
• They currently have over 2000 registered students
  who are in need of the donated courseware

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Malvern Rouge Valley Youth Services

• Newly renovated learning centre advertising free
  computer courses
• 4417 Sheppard Ave (Brimley Sheppard)

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Learning Lab

• Picture of the newly renovated learning lab with
  new computers

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What is unique about The GLGI program?

• All monetary and gift-in-kind donations are used
  to help only Canadian charities
• The courseware donation is separate and
  independent of the monetary donation
• An independent escrow agent is used to ensure
  that donations are properly carried out and
  documented
• The program have no loans, liens or leveraging
• GLGI has two (2) independent and reputable
  appraisers valuating the courseware

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What is the GLGI defence fund?

• GLGI obtained a favourable legal opinion in 2004
  from its own legal counsel and continues to
  believe in the validity of this program. 
• Although GLGI obtained a favourable legal opinion
  in 2004 from its own legal counsel, those counsel
  do not act for donors and accordingly donors are
  not entitled to rely on that opinion. 
• Accordingly GLGI urges any prospective donor to
  obtain independent legal and tax advice before
  participating in this program.
• GLGI has established a legal defence fund to pay
  the fees and costs of defending the integrity of
  its program in the Courts. This would take the
  form of either a test case, binding on all
  donors, or a representative case, which is not
  binding, but would have precedential value for
  all donors
• This defence fund exceeds 1,000,000 at
  present.
• CRA has reassessed and denied charitable tax
  credits to prior year participants in the GLGI
  program, as well as most or all other similar
  programs, and has recently revoked or moved to
  revoke the registered status of the charities
  involved in those prior years. 
• Should donors receive correspondence from CRA,
  they should simply send the correspondence to
  GLGI for assistance

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Who issues the donation receipts?

• A participating charity issues an official income
  tax receipt for courseware
• donations
• The Glooscap Heritage Society issues receipts for
  all monetary donations
• Receipts must be issued in accordance with the
  Income Tax Act
• Receipts can only be issued by a registered
  Canadian charity
• Receipts must contain the following
• Name of the Charity
• Official registration number
• Date of the donation
• The Fair Market Value of the gift and the date it
  was received
• Information on the Appraiser who appraised the
  Fair Market Value (FMV) of the gift

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What is your charitable donation limit?

• You may receive a tax credit for donations
  totalling up to 75 of your net income.
• You may also carry forward any unclaimed/unused
  charitable donation credits for up to five (5)
  years following the year the donation was made.

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How do you participate in the GLGI program?

• A GLGI fundraising Advisor will discuss with you
  the steps to take to apply to become a
  beneficiary of the Global Learning Trust (2004)
• You need to determine the amount of money you
  would like to donate to our participating charity
  and also
• the amount of courseware that you wish to donate
• All the necessary forms need to be completed
• All monetary donation cheques are made payable to
  The Glooscap Heritage Society

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Questions Answers