July 06, 2012
The Charities Directorate of the Canada Revenue Agency occasionally releases information on the size of the charity sector using the T3010 Registered Charity Information Return. Here are two interesting charts which looks at 2009 and 2010 charity filings in terms of charity revenue and assets. Revenue of the Canadian registered charities has jumped from $192 to $207 billion from 2009 to 2010. Assets have risen from $240 billion to $266 billion. It is interesting to the see the breakdown by revenue. About 10,000 of the 86,000 charities account for a very large portion of both revenue and assets.
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July 05, 2012
Paul Waldie of the Globe and Mail just wrote an article “New scrutiny on charities snares Riddell foundation” which discusses a small penalty against the Riddell private foundation for owning too many shares under the excess business holdings rules for Canadian private foundations.
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July 04, 2012
I recently had the pleasure of hearing Ross McMillan, President & CEO of Tides Canada, at the Economic Club on June 27, 2012. He spoke eloquently on the role of environmental charities and the current debate around Canadian charites involved with political activities. Here is a copy of the speech on the Tides Canada website that he delivered.
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July 02, 2012
Posted by Mark Blumberg on 07/02 |
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Canadian Charity Law
With the recent release of two Canadian aid workers who were working for the Norwegian Refugee Council there has been discussion about whether Canadian charities or aid workers should work in places that are in the midst of conflict. Humanitarian workers help save many lives every year - it would be unfortunate if they stopped doing this important work because of terrorists, bandits, pirates and criminals. That being said, charities need to be aware of the risks, provide training to their employees and volunteers, plan for various contingencies, have necessary equipment and personnel in the field and in some cases, unfortunately it may be necessary for a charity to temporarily or permanently cease operations in a certain area.
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Posted by Mark Blumberg on 07/02 |
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Canadian Charity Law
Here is some great advice on some of the advantages and dangers of charities using social media as well as what you can do to mitigate such risk. First of all I should admit that I did not even know that there was a Charity Commission for Northern Ireland! Second as social media is used more often by Canadian charities they should ensure, just as with other communications, that it is legally compliant and enhances the reputation of the charity.
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