In Ebert vs His Majesty the King, this case deals with what CRA argues is the inflated valuation of wine that was donated to a charity. The CRA argued that “The fair market value of the wines donated by the…
We have written previously about the Taxpayers’ Ombudsperson’s report report “Charity Begins with Fairness: More to Explore” which was released on March 27, 2023. Here is our blog on that report. Here is the formal CRA response to that…
CRA is reminding charities to use the correct T3010 form in this notice, which we have reproduced below. Even better, as CRA notes, is to get on the CRA MyBA system so your charity cannot use the wrong form! We…
I was recently asked what are some ideas about improving public trust in Canada. Isn’t public trust high in Canada for registered charities? Unfortunately, the answer is no, and the consequences are significant, but that is a blog for another…
If you want more information on a US 501(c)(3) organization here are some suggestions: Google is a great resource The website of the organization or social media may also be helpful Guidestar/Candid has Form 990s on US 501(c)(3) organizations. Unfortunately,…
CRA has recently updated their page Annual spending requirement (disbursement quota). Here are the pages: Annual spending requirement (disbursement quota) The disbursement quota is the minimum calculated amount that a registered charity is required to spend each year.…
As many of you already know, in June 2022, the Income Tax Act was amended to include a new way for registered charities to work with non-qualified donees: making a grant to grantee organizations. The grant to grantee organizations are considered…
It is nice to see that Gabe Oatley of the Future of Good is looking at the topic of the proposed changes to the Alternative Minimum Tax and how that affects both donations and the amounts that some very wealthy…
It is very important that Canadian registered charities are on the CRA My Business Account (MyBA) and using the system. The first step is to get on the MyBA system. Some groups find it challenging. This upcoming CRA webinar may…
I recently read an interesting article on the “Regulation of Foreign Funding of Nonprofits in a Democracy” by Nick Robinson. The article provides lots of ideas as to how one can think about the complicated area of how much regulation…
The Toronto Star recently had an article, “Pride Toronto to pay back more than $505,000 to the federal government for misuse of grant money”. The article is scant on details and raises more questions than it probably answers. We don’t…
Corporations Canada has an excellent Online Filing Centre that Canada Not-for-profit Corporations Act (“CNCA”) corporations can use for searches and filings. Corporations Canada is trying to make it easier for registered intermediaries (RI) like lawyers, accountants, etc., when they are…
Mark Blumberg of Blumbergs Professional Corporation will be presenting the Canadian Red Cross Society conference Ready 2024 at the National Arts Centre on January 30, 2024 on the topic of “Being Effective and Compliant in a Catastrophe”. The objective of…
We have recently made several updates to the CharityData.ca site. The most important updates are as follows: We brought in almost all 2022 data, but it is not yet complete, and therefore, the base year remains for now 2021. …
CRA has recently released new CRA Guidance on qualifying disbursements but specifically focussed on grants to grantees. This article “New CRA Guidance on Grants to Grantees – some preliminary comments” is an initial and preliminary note on the CRA Guidance.…
As part of the Sean Blumberg Transparency Project, we have requested from the CRA’s Charities Directorate copies of the Registered Canadian Amateur Athletic Associations (RCAAAs) T2052 Information Returns and financial statements for each of the RCAAAs. None of this information…
The CRA reminded registered charities to use the correct T3010 form and released the new T3010 version 24. (PDF copy of Registered Charity Information Return T3010 Version 24e) We have covered the new content of the T3010 in our blog…
This new course, “Should Our Non-Profit Become a Canadian Registered Charity and if so, how?” discusses when it may be advantageous, or not, for a Canadian non-profit that has already been established to apply for registered charity status with the…
We have a new course, “Should Our Non-Profit Become a Canadian Registered Charity and if so, how?”. It discusses when it may be advantageous or not for a Canadian non-profit that has already been established to apply for registered charity…
With only a small percentage of Ontario non-profits having finished dealing with the ONCA process, there are many Ontario non-profits (both charities and non-charities) that will have an uphill battle to deal with the changes over the next few months.…
CRA advised on November 9, 2023, that there will be a new T3010 form for those filing on or after December 31, 2023. The form will be called T3010 version 24. Here is our blog. On December 14, 2023, we…
We recently reviewed the T3010 Registered Charity Information Return database for 2021 as part of the Sean Blumberg Transparency Project. The database covers about 83,771 of the approximately 86,000 registered charities in Canada that had filed their T3010 and were…
We are happy that more filing features are being added to the Ontario Business Registry (OBR). When an Ontario non-profit corporation continues to another jurisdiction, it is required to “file with the Director a copy of the instrument of…
The CRA has released an updated or “finalized” version of Guidance CG-032, Registered charities making grants to non-qualified donees (PDF)) today. As with all CRA guidance, it is subject to review and changes. We will be writing about and presenting…