United Holy Land Fund - “trust and faith of proper usage of funds” is not “direction and control”
Posted by Mark Blumberg on 02/21 | comments (0) | permalink | forward to a friend
Published under: What's New from the Charities Directorate of CRA | Canadian Charity Law
Published under: What's New from the Charities Directorate of CRA | Canadian Charity Law
The CRA recently revoked the registered charity status of the United Holy Land Fund. CRA alleges that the United Holy Land Fund did not have “direction and control” over the use of its resources, failed to maintain adequate books and records and made gifts to non-qualified donees. The amounts involved appear to be quite small - about $16,000.
Here are the CRA documents on United Holy Land Fund. If you want to understand how to maintain direction and control you when dealing with foreign charities you might find CRA’s guidance on foreign activities helpful.
http://www.globalphilanthropy.ca/index.php/blog/comments/cras_new_guidance_on_foreign_activities_by_canadian_charities
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