On Saturday, CRA revoked the charitable status of the JEWISH NATIONAL FUND OF CANADA INC. and also NE’EMAN FOUNDATION CANADA.
2024-08-10 Canada Gazette Part I, Vol. 158, No. 32
CANADA REVENUE AGENCY
INCOME TAX ACT
Revocation of registration of a charity
The following notice of proposed revocation was sent to
the charity listed below for failure to meet the parts of the
Income Tax Act as listed in this notice:
“Notice is hereby given, pursuant to para-
graphs 168(1)(b) and 168(1)(e) and subsection 149.1(2)
of the Income Tax Act, of our intention to revoke the
registration of the charity listed below and that by vir-
tue of paragraph 168(2)(b) thereof, the revocation of
registration will be effective on the date of publication
of this notice in the Canada Gazette.
Name / Nom
Address / Adresse
JEWISH NATIONAL FUND OF CANADA INC. / FONDS NATIONAL JUIF DU CANADA INC., MONTRÉAL, QUE.
Business Number 107534877RR0001
Numéro d’entreprise
Sharmila Khare
Director General
Charities Directorate
CANADA REVENUE AGENCY
INCOME TAX ACT
Revocation of registration of a charity
The following notice of proposed revocation was sent to
the charity listed below for failure to meet the parts of the
Income Tax Act as listed in this notice:
‘Notice is hereby given, pursuant to para-
graphs 168(1)(b), 168(1)(c), 168(1)(d) and 168(1)(e) of
the Income Tax Act, of our intention to revoke the
registration of the charity listed below and that by vir-
tue of paragraph 168(2)(b) thereof, the revocation of
registration will be effective on the date of publication
of this notice in the Canada Gazette.”
Name / Nom
Address / Adresse
NE’EMAN FOUNDATION CANADA, THORNHILL, ONT.
Business Number 810956565RR0001
Numero d’entreprise
Sharmila Khare
Director General
Charities Directorate
If one is wondering about the impact of a revocation here is some information from CRA.
Impact of terminating your charitable registration
Before applying for registration with the Canada Revenue Agency, your organization should be aware of the consequences that result if you later decide to terminate its registration. Once registration has been terminated, your revoked charity:
- cannot issue official donation receipts for gifts it receives
- no longer qualifies for exemption from income tax as a registered charity
- must transfer all remaining property to an eligible donee, or be subject to a revocation tax equivalent to the property’s full value
- will have its name and the reason for its revocation posted in the Canada Gazette and online in the List of charities
- will no longer be a charity or public institution for GST/HST purposes which could affect the tax status of its supplies, the way it calculates its net tax and its ability to claim a partial rebate for the GST/HST it pays
For more information, see Voluntary revocation.