The Chronicle of Philanthropy has published a lengthy article by Caroline Preston entitled “Multiple Methods of Valuing Drugs Create an Unclear Picture of Aid Totals”. It covers a number of important issues for both Canadian and US charities who either…
In March 2011 a $6 million dollar claim was launched against Redeemer Foundation and Redeemer University College and their “Forgivable Loan Program”. CRA disallowed certain years of the program. We have covered the Redeemer University on this blog in its…
I requested from CRA information about the status of Third Party Penalties (TPP). Some Third Party Penalties are applied to individuals (who are involved with charities) and some to the registered charity itself. As at August 30, 2011 CRA advised:…
Here is an article that appeared in Valuation Law Review entitled “Lemberg, et al. v. Perris” dealing with accountant liability when referring clients to charity schemes. “Valuation Law Review Volume 17, Issue 2, copyright by The Canadian Institute of…
Here is an article in Valuation Law Review entitled Tax Donation Fallout “Valuation Law Review Volume 17, Issue 2, copyright by The Canadian Institute of Chartered Business Valuators, www.cicbv.ca 277 Wellington St. West, Suite 710, Toronto, ON, M5V 3H2, is…
Here is an article entitled Valuation Based Charitable Donations” that appeared in the Valuation Law Review. “Valuation Law Review Volume 17, Issue 2, copyright by The Canadian Institute of Chartered Business Valuators, www.cicbv.ca 277 Wellington St. West, Suite 710, Toronto,…
Here is a case comment on Maréchaux v. The Queen that recently appeared in Valuation Law Review. “Valuation Law Review Volume 17, Issue 2, copyright by The Canadian Institute of Chartered Business Valuators, www.cicbv.ca 277 Wellington St. West, Suite 710,…
Here is an article that appeared in Valuation Law Review entitled “Innovative Gifting Inc. and the House of the Good Shepherd, et al.” on the issue of enforcement of fundraising contracts. It is very important that charities obtain legal advice…
Here is my article Budget 2011 and new “ineligible individual” category: How this can affect your Canadian registered charity.
Here is a copy of The Valuation Law Review – Vol 17 Issue 2 September 2011 Taxation Decisions of The Canadian Institute of Chartered Business Valuators (CICBV). In this edition it discusses Marechaux, Lemberg, Lockie, Innovative Gifting and Russell and…
As noted on this blog in June of this year the Supreme Court of Canada denied leave to appeal in the case of F. Max E. Maréchaux v. Her Majesty the Queen F. Max E. Maréchaux v. Her Majesty the…
David Baines, a reporter for the Vancouver Sun, has written another article as part of a series entitled “CRA says charities operated for ‘no obvious charitable purpose’”. Here is the article by David Baines “CRA says charities operated for ‘no…
I will be delivering with Guillermo Correa of RACI-Red Argentina para la Cooperación Internacional a workshop on capacity building at the CIVICUS World Assembly conference in Montreal looking at the Argentinean and Canadian examples. Capacity Building, Encouraging a Culture of…
Here are letters from the CRA on a private share donation transaction in which CRA revoked the status of the 4 registered charities involved. CRA letter to Essential Grace Foundation CRA letter to Malachi_3_10_Foundation CRA letter to The…
The Dept. of Finance has released some Legislative Proposals Relating to the ITA on August 16, 2011. These proposals deal with implementing the June 2011 budget proposals which include a number of proposals to prevent abuse of charities and RCAAAs.…
AFP will be putting on an Ethics & Accountability Workshop: “Weaving Ethics into Your Fundraising” on September 8 in Toronto. Here is more information AFP Ethics & Accountability Workshop: “Weaving Ethics into Your Fundraising” September 8, 2011 LOCATION: St.…
Increasingly funders are interested in governance at charities. For a Canadian charity to receive funds from CIDA for the Partnerships with Canadians Branch such charity must show “must have sufficient experience, strong governance structures and demonstrate the support of Canadians”. …
Here is the Blumbergs Canadian Charity Law List – July 2011. Blumbergs Canadian Charity Law List – July 2011 FEATURED 1) Upcoming Charity Law Information Program seminars with Mark Blumberg Here are some upcoming CLIP Seminars across Canada which will…
Here is an short article in Macleans magazine entitled Buy, Sell, Donate. I have warned on many occasions that using financial analysis to value charities is fraught with problems which are often not acknowledged by those who claim they can…
Here is Imagine Canada’s Statement on Compensation in the Charitable and Nonprofit Sector Here are some of my thoughts on compensation when the C-470 debate was raging; Private members bill on Canadian registered charity salary disclosure and salary cap not…
Here is a great quote from Sam Younger, chief executive of the Charity Commission, that Canadian charities should think about. “I hope that, over the course of the next few years, we’ll see charities viewing good governance not as a…
Here are a couple of interesting blog postings notes entitled “Budget 2011 Cracks Down on Abusive Charities” and “Beware of tax shelter donation arrangements”.
F. Max E. Maréchaux, is a partner at the law firm of Miller Thomson LLP. According to Federal Court of Appeal decision “F. Max E. Maréchaux participated in a “leveraged donation” scheme. The essence of the scheme was that, for…
Here is a copy of my presentation on Top 20 Legal and Ethical Issues for Canadian Registered Charities. Here is also a copy of Blumbergs Canadian Charity Legal Checklist (June 6, 2011) Top 20 Legal and Ethical Issues for Canadian…