Canadian registered charity – A Canadian registered charity means a charitable organization, public foundation, or private foundation that was established in Canada and is resident in Canada. It is operated for charitable purposes and must devote its resources to charitable activities. A registered charity has received a Registration Number from the Canada Revenue Agency and is exempt from paying income tax on its revenue. It is a qualified donee and therefore can issue official donation receipts for gifts that it receives.  It can also receive “gifts” from other registered charities.  It is similar to the U.S. concept of a 501(c)(3).  The main regulator of registered charities is the Charities Directorate of the CRA.

For more information see: www.canadiancharitylaw.ca

If you wish to establish a registered charity you might wish to contact Blumbergs to retain us to assist with the process.