Here is a UK Charity Commission report on the “International Tiger Moth Charitable Trust” which took “sick and terminally ill children in a Second World War Tiger Moth aeroplane”. It is interesting because it shows how having a board of…
On December 6 2010 the Standing Committee on Finance held hearings on C-470 and whether there should be salary caps on charities in Canada. Here is the minutes of meeting http://www.parl.gc.ca/HousePublications/Publication.aspx?DocId=4856234&Language=E&Mode=1&Parl=41&Ses=1 “MINUTES OF PROCEEDINGS Meeting No. 51 Monday, December 6,…
The CBC notes in an article entitled “Telemarketer hit with $500,000 CRTC fine” that “The federal telecommunications regulator has hit a Calgary-based telemarketing firm, Xentel DM, with a $500,000 penalty for misusing the charity exemption to the National Do Not…
Here is a copy of 2010 paper “The Nuts and Bolts of Gifts involving Cultural Property” by Florence I. Carey of Aikins, MacAulay & Thorvaldson LLP in Winnipeg. Additionally here is a copy of Florence Carey’s powerpoint slides for the…
[Amended] The Finance Committee has reviewed C-470. The Finance Committee has amended the private members bill and it will be sent for Third reading in the House. The $250,000 compensation cap has been removed which is important as it could…
A while ago, I got a call from Australia. An investment advisor was wondering about certain Canadian individuals involved with what he thought were some pretty risky charity gifting tax shelter schemes in Australia. Anyway, I just read an Aggressive…
Here is a recent CRA letter dealing with “If, as a consequence of a gift, a charity holds a beneficial interest in an alter ego trust, will the restriction in subsection 118.1(13) apply in respect of the gift?” LANGIND E…
The Canadian Press has written an article on the fraudulent misuse of charitable receipts. Worth reading. Here is the article. http://www.thestar.com/business/article/905822—probes-of-tax-scams-prompt-revamp-of-charitable-receipts
Here is an interesting workshop taught by Eric Plato on Financial Management. REGISTER TODAY—OCIC PRINCIPLES OF FINANCIAL MANAGEMENT WORKSHOP—JANUARY 25-26, 2011 Do you have problems developing budgets for proposals? Do you find financial reports and financial statements confusing? Are you…
Here is a copy of the updated document Employee or Self-Employed rc4110-10e.pdf from the CRA.
here is attached a CRA press release on donating wisely. If you are interested in donating wisely there are a number of articles on my website that may be helpful including: News release Donate wisely this holiday season…
The Charities Directorate of CRA in Charities Connection No. 5 – November 2010 notes new guidances that will be released for consultation by the Charities Directorate. Consultation processes We consult on our new guidance documents because your comments help…
The CRA has just released Charities Connection #5 with information on the new T3010-1 Registered Charity Information Return, highlights from some recent Guidance Documents, information on their upcoming consultations and speakers kits that anyone can use to educate groups about…
On Thursday at AFP there was a debate between Ken Mayhew, Dan Pallotta and myself on a number of issues surrounding compensation. Ken Mayhew and myself opposed commission based fundraising and Dan Pallotta supported it. There are a number of…
It appears that the changes from the T3010B to the T3010-1 will be minor and all of the are referenced in the link: relating to the March 4, 2010, Federal Budget. That will be a relief for many charities…
Here is a copy of my presentation on Top Legal and Ethical Issues for Canadian Fundraisers and my slides for the the Great Debate in which we discussed a number of issues relating to ratios, fundraising costs and compensation.
The database on non-profit collaboration provides numerous examples of collaboration and how they can benefit a charity. As well, it can be searched by a number of criteria. Here are some of the search criteria: Ways to Collaborate Purchase goods…
There are now 3 CIDA calls for Proposals under the new Partners for Development Program. CIDA Launches Two Calls for Proposals under the new Partners for Development Program December 1, 2010 Ottawa?The Canadian International Development Agency announced the launch of…
The Financial Action Task Force (FATF) is body made up of different countries and the FATF’s purpose is to combat money laundering and terrorist financing. The FATF Standards are comprised of Forty Recommendations on Money Laundering and the Nine Special…
I have expressed on a number of occasions my numerous concerns with Bill C-470 – a private members bill which involves salary caps for registered charities as well as salary disclosures of the top 5 executives or employees of a…
Here is an article by Andy Levy-Ajzenkopf entitled “Third-party fundraising, boon or bust?” which discusses the issue of charities using third party fundraisers.
Here is an interesting presentation by Ken Goodman entitled Fiduciary Considerations Involving Charitable Property There are a number of very good slides including a comparison of the requirements under the Income Tax Act and as a fiduciary or trustee of…
The Charities Directorate of CRA Released Charities Connection No. 5 for November 2010. It discusses the new Form T3010-1, Registered Charity Information Return; a number of the Charities Directorate’s guidance documents and also giving to charity: Information for donors –…
The CRA has revised its T4117 Income Tax Guide to the Non-Profit Organization (NPO) Information Return and the T1044 Form – Non-Profit Organization (NPO) Information Return. If an organization is a registered charity under the Income Tax Act they would…