Here is a note on “Which Universities Outside of Canada are prescribed universities under Schedule VIII of the Income Tax Act (Canada) and therefore qualified donees?”

Which Universities Outside of Canada are prescribed universities under Schedule VIII of the Income Tax Act (Canada) and therefore qualified donees?

There is a list of prescribed universities outside of Canada that are considered qualified donees under the Income Tax Act.  For a foreign (non-Canadian) university it is beneficial to be a qualified donee because you can easily receive donations from Canadians and issue them official donation receipts.  As well, it is easier to transfer funds from a Canadian charity or foundation to a qualified donee.  Many people find it difficult to locate the regulation with a list of the prescribed foreign universities so in this note there is a link to the complete regulation and a copy of the small part of the regulation dealing with prescribed universities as at August 2011. (prescribed universities are at or near the bottom of the lengthy regulation.)  Foreign universities who have Canadian students at them and are interested in applying for qualified donee status can read our article “Foreign Universities Fundraising in Canada” at
https://www.canadiancharitylaw.ca/uploads/Foreign_Universities_Fundraising_In_Canada.pdf
Alternatively you can contact us and we can assist with the process and legal issues relating to issuing receipts.