Charitable Status: The monastery is a registered Canadian charity.
Official Name: The charitable society is officially known as “Birken Forest Buddhist Monastery”.
Registered Charity No.: BN 89263 5483 RR0001.
Announcing the Birken Forest Buddhist Monastery Endowment Fund
Birken Forest Buddhist Monastery is pleased to announce the establishment of an endowment fund which will allow stable support into the future. Passing through this present pandemic has made us highly aware of the fluctuating nature of support for the monastery. The monastery is in a well established condition with most of its building having been completed and we wish to have a stable base for ongoing operating expenses. The endowment fund, which is managed by Nicola Wealth, will allow us to use modest interest earnings as a reliable source of ongoing funding. As in major endowment funds for universities, etc., the capital fund is to remain stable and increase while a certain percentage of earnings is used yearly.
We are at the beginning of this fund and if supporters would like to contribute to it for long-term benefits for the monastery, a minimum donation of $5,000 CAD may be contributed to Birken utilizing any of the donation methods described below. Please indicate “Endowment Fund” on your donation; tax receipts will be issued by Birken, with the exception of donations made through Canada Helps and CAF America which provide tax receipts directly to donors.
If you would like to donate securities in-kind to the endowment fund, please contact our treasurer (email@example.com) for more information. We also suggest you consult with your financial advisor or tax professional to confirm that it is a good strategy in your financial situation.
We welcome this form of stabilization to the uncertain and non-profit structures which the monastery relies on.
Please note: Birken Forest Buddhist Monastery (‘Birken’) has an Offsite Treasurer who is responsible for processing all donations and issuing tax receipts. If you reside in Canada and would like to request a tax receipt, you must provide your full name, residential address (including postal code), and email address with each donation. Our Treasurer does not have access to Birken’s contact database.
Financial donations to the monastery are tax deductible in Canada and eligible for a Canadian tax receipt. While charities are under no legal obligation to issue tax receipts, we are pleased to do so for a minimum $25.00 donation IF we receive all the required information referenced above for each of your donations. If we do not receive this information from you at the time of your donation, it will be assumed that you do not require a tax receipt.
If you donate electronically through PayPal or Interac email money transfer, please be sure that we have the required information mentioned above – you can email this information to our Offsite Treasurer at firstname.lastname@example.org. CanadaHelps issues a tax receipt to each donor; you will not receive an additional tax receipt from Birken if you use this donation method.
Tax receipts are normally issued electronically by e-mail, but can be sent by post if this is specifically requested with the donation. Tax receipts for eligible donations will be sent within 30 days of the donation’s receipt by our treasurer. Please note that we cannot issue tax receipts retroactively for donations made during previous fiscal years (Birken’s fiscal year runs from August 1 – July 31).
Throughout the year, there are many individuals who donate anonymously or request not to receive tax receipts for their donations. The Birken community expresses its gratitude to these individuals for their generosity and rejoices in their good merit.
If you have any questions or concerns regarding the issuance of tax receipts, please email email@example.com.