Innova Academy is a registered charity with the Canada Revenue Agency. Donations (monetary donations valued at or above $20 or in-kind donations valued at or above $100) made to Innova will be receipted.
There are many organizations that a donor can support through giving. Good stewardship requires donors to be wise in their selection. The official purpose of Innova Academy is:
“To advance and teach the religious tenets, doctrines, observances, and culture associated with the Christian faith through the education of children using classical pedagogy with a private school as defined by Section 1 and as authorized by Section 16 of Ontario’s Education Act.”
In living out our purpose, we work tirelessly to be an organization that seeks first to bring glory and honour to God. We aim to be bold in our witness, biblical in our theology, high with our standards, excellent in our execution, careful with our spending, and generous in extending grace. Dollars donated to Innova are used well for building God’s Kingdom.
What to give to
Donations to the operating fund assist in the on-going expenses of operating a Christian school. These expenses include, rent, salaries, resources, supplies, etc. Private Christian schools in Ontario receive no financial support from the provincial or federal governments. All of the expenses must be covered through tuition revenue and donations. Without the support of generous donors, the cost of tuition would need to be raised to a level that would make it prohibitive for many families. Donations not otherwise specified will go to the operating fund.
There are many families that would like to enrol their children at a Christian school, but their financial situation prevents them from being able to shoulder the entire cost of private education. We believe that the Innova student body should be reflective of the local church body, not just the segment of the church body that has above average income. Bursaries allow families with financial need to be able to enrol their children at Innova. You can find out more about our bursary program here.
Throughout each year, Innova will be seeking donations for specific projects. Projects could include instruments for the music department, costumes and props for the drama department, classroom computers, new curricular resources, etc. If you are interested in supporting a specific board-designated project, please contact us to learn more details of what we are working on.
During our first three years of enrolment, Innova experienced significant growth. Although there are no guarantees of future growth, interest in our school continues to rise. Donations to our building fund are moneys set aside for future land and/or building needs.
Ways to give
By credit card
Credit card donations can be done securely online by clicking the ATB Cares logo below.
If you would like your donation to be allocated for a specific purpose (operating fund, bursaries, designated gifts or the building fund) please indicate this in the “Comments for the charity” section on the ATB Cares site. Donations not otherwise specified will be allocated to the operating fund.
Donations by cheque can be made out to “Innova Academy” and mailed to the following address:
1000 Gorham Street
Canada L3Y 1L8
CRA allows for gift in-kind donations to qualify for charitable donation receipts. Items donated will be assessed by an independent third party to determine the fair market value at the time of donation. If you have specific items that you are interested in donating to Innova, please contact us to discuss the details.
For donations of certain types of capital property, CRA allows for an inclusion rate of zero on any capital gain realized on such gifts. This makes capital property donations highly tax efficient. Details of the types of capital property that qualify can be found on CRA’s website here.
Donations (monetary donations valued at or above $20 or in-kind donations valued at or above $100) made to Innova will be receipted.
By credit card
Donation receipts will be issued by ATB Cares. Once you have completed your donation, you will immediately receive a tax receipt by email.
By cheque, gift in-kind or capital property
Donation receipts will be issued by Innova Academy and are mailed out at the end of January for donations made during the previous calendar year.
To all of our past, present and future donors, we say “Thank you.” As believers in Jesus Christ, we are to be busy building His Kingdom. Innova Academy is a small part of God’s vast kingdom, and we thank you for partnering in the work that He has called us to. Soli Deo Gloria!