Tax Status in the US and Canada
As a result of years of work and topnotch legal counsel, American Friends can address the disincentives to conservation created by US and Canadian tax laws. We are recognized by the Internal Revenue Service in the U.S. as a 501(c)(3) public charity. US taxpayers can donate tax deductible gifts of cash and securities (stocks, bonds, mutual funds) or planned gifts (such as bequests and life insurance) to American Friend’s General Support program to support the conservation activities of Canadian land trusts.
In addition, our unique contribution to Canadian conservation was recognized by the Canadian Parliament when it granted American Friends Prescribed Donee status. To gain this designation, land trusts from across the country worked tirelessly to educate their legislators and explain how American Friends would help advance private land conservation. As a result, gifts to American Friends are not subject to Canadian capital gains tax.