Charity The rlg “care program” The RLG CARE Program begins with you making a nominal cash donation to charity buyer
$2000 Two Thousand Dollars Relief Lending Group buyer STEP 1: Terms of the Loan: Fixed interest rate for duration of loan Here is my cheque for the prepaid interest for $2000 4 years worth of interest is paid in advance Principle amount is paid in cash or upon return of Credit Certificate Buyer applies to RLG to finance the purchase of essential medicines from authorized vendors. 8 year term
Vendor buyer STEP 2: Paid: $10,000 If you pay cash your price will be $1.11 per dose. If you use an RLG Credit Certificate, your price will be $1.00 per dose. I would like to use my $10,000 RLG Credit Certificate to purchase the essential medicine. I would like to purchase essential medicine to donate. What is the cost?
Donation Receipt: $10,000 Charity buyer STEP 3: You are entitled to a donation receipt for the fair market value of the medicine you purchased. The government’s formulary pricing for this medicine is at least $1.11 per dose. How much did you pay for it? Although the formulary value is higher, we can only issue you a donation receipt for your actual cost…$10,000. The rule is that the donation receipt must equal your cost. We appreciate your donation. We will issue your donation receipt I would like to donate the medicine I just purchased to your charity. Thank you for your donation. The medicine cost me $10,000.
Tax Refund T5003 Donation Receipt: $10,000 Canada Revenue Agency buyer Tax filing 2008 Tax Return
Tax Refund buyer Recommendation Use your tax savings wisely. Build your financial future!