People ask me why I can’t receive more than 10k / year in donations.
Well, I live off a humble disability pension, which I’m grateful for. I receive less than 10,000$ per year. However, there’s one caveat: I’m allowed to raise another 10,000$ in donations per year without being penalized.
ODSP: “Gifts and voluntary payments may be given to any member of the ODSP benefit unit for any purpose. These will be exempt from income up to a maximum of $10,000 for any 12 month period per member of the benefit unit.”
After raising more than 10,000$ / year in donations, the government considers my donations income and will lower my pension accordingly. Basically, if i’m raising more than 10k per year in donations, I probably should not be on ODSP.
anyway, ODSP: please raise this 10,000 dollar limit. Thank you.
Take action: Sign the petition to the Legistlative Assembly Of Ontario that i’ve posted on Change.org: http://chng.it/DkQkHZVR