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Inside Internal Controls

News and discussion on implementing risk management

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Planned giving donors should make sure strings are attached

Planned giving has been an issue of interest to the charitable sector for several years. The enthusiasm by which the sector has taken up the discussion has permeated the donor community. As a result donations by will are a common occurrence. But if the donor does not monitor developments with the charity the gift could lapse and frustrate the donor’s intentions to support the organization.

 

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How to ensure you meet CRA requirements for charitable registration

The Canada Revenue Agency has published a succinct summary of the general requirements that an organization requires to qualify as a charity (charitable organization, private foundation, or public foundation). The seven general requirements are set out below:

 

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