I just finished reading an excellent paper entitled Cross-Border Philanthropy – A U.S. Perspective by Eric Zolt. It both provides a good summary of the rationale for donation tax incentives but also raises questions of whether the US system is…
Blumberg Segal LLP is looking for an Associate Lawyer to join our Charity and Non-Profit practice. Here is a link and the text of the job listing: Blumberg Segal LLP jobs and careers | Indeed.com Associate Lawyer…
StatsCan recently did a short report on cooperatives which illuminates this type of entity. It also notes that about 64% of co-operatives are non-profit. It is not clear how many of these non-profits are registered charities. Here is the report:…
Stats Can recently released their Charitable Donors, 2019 report. I have been critical of StatsCan in the past for their annual reports on charitable donations. My concerns have been around equating claiming something on a tax return with being “generous”…
It was very nice to read recently a discussion paper from the T3010 Research Group on how the T3010 and data in the sector can be improved. It was written by François Brouard (Sprott School of Business, Carleton University), Michael…
Recently The Narwhal News Society was added as a registered journalism organization (RJO) and therefore along with La Presse Inc. there are now two RJOs. RJOs are qualified donees and therefore can issue official donation receipts and also receive gifts…
Yesterday I tweeted about a US study on the effect on COVID on donations. The study noted that US charitable giving increased by 10.6 percent in 2020. It is based on “sample data from nearly twenty-five hundred nonprofits in…
Here is an announcement from CRA relating to new webinars dealing with gifting and receipting on March 30 and March 31, 2021. . Charities information webinars Dear Stakeholder, I am pleased to announce the return of the charities…
Well, we are in the midst of a pandemic and this has resulted in some grantmaking foundations and philanthropists increasing giving and thinking carefully about how and who they give to. Unfortunately, and we may only know for sure in…
Recently a bill was proposed in the Senate –BILL S-222 An Act to amend the Income Tax Act (use of resources), which will eliminate the “own activities” requirement of charities and change the rules for Canadian charities working with non-charities,…
Recently a bill was proposed in the Senate –BILL S-222 An Act to amend the Income Tax Act (use of resources), which will eliminate the “own activities” requirement of charities and change the rules for Canadian charities working with non-charities,…
Recently a bill was proposed in the Senate –BILL S-222 An Act to amend the Income Tax Act (use of resources), which will eliminate the “own activities” requirement of charities and change the rules for Canadian charities working with non-charities,…
Recently a bill was proposed in the Senate –BILL S-222 An Act to amend the Income Tax Act (use of resources), which will eliminate the “own activities” requirement of charities and change the rules for Canadian charities working with non-charities,…
After my very disappointing first read of the “Report #1 of the Advisory Committee on the Charitable Sector” which was just released last Friday here are some further thoughts. This is the first report. The Advisory Committee on the…
Today I received more data from CRA for the T3010. It has partial information for 2019 and 2020 as at February 28, 2021. For 2019, there are 79840 charities reporting. For 2020, there are 25,877 There was an extension provided…
I recently took a look at the “Report #1 of the Advisory Committee on the Charitable Sector” which was just released on Friday. I was going to write a long blog but I am stuck on one sentence in the…
The US largest organization representing non-profits, which has over 25,000 non-profit members, has called for the IRS to eliminate their Form 1023-EZ charity application. They call for “the need to eliminate Form 1023- EZ and restore integrity to the process…
Here is a document in Excel that we recently received from the Charities Directorate of the CRA. It is entitled T3010 Master Public Data Dictionary – January 2021 and it discusses recent changes to the T3010. If you click the link…
This Blumbergs’ Snapshot of the Charity Sector in Nova Scotia 2018 provides a snapshot of the registered charity sector in Nova Scotia taken from a subset of the 2018 T3010 filings. Some of the highlights of the Blumbergs’ Snapshot of…
2020 was a turbulent year. The CRA has updated their document P113 – Gifts and Income Tax for 2020. The P113 is a helpful guide to the tax consequences of donations to registered charities and qualified donees. The big change…
Here is a long CRA FAQ dealing with the CEWS which was last updated in early February, 2021: Canada Revenue Agency Frequently asked questions – Canada emergency wage subsidy (CEWS) The following FAQs are intended to provide more in-depth…
In 2020 CRA gave an extension to many charities to deal with the unexpected events around COVID. In 2021, unless the situation changes drastically, there will be no extensions. The normal rules apply for filing of the T3010 for registered…
As we noted previously the Federal Government has launched pre-budget consultations for the 2021 Federal Budget. Here is the Blumbergs’ Pre-Budget Submission relating to charities, transparency and other related issues. Here are our main recommendations: Primary Recommendations Recommendation 1: That…
CRA has published a newer version of Form AUT-01 Authorize a Representative for Offline Access in late December 2020. The Form AUT-01 can be used by an individual or business (such as a registered charity) who wishes to authorize a…