The Canadian Revenue Agency recently made changes to the disbursement quota. In this session, join Miller Thomson LLP, to learn more about calculating your disbursement quota and how the changes to the disbursement quota may affect your community foundation.
The Canadian Revenue Agency recently made changes to the disbursement quota. In this session, join Miller Thomson LLP, to learn more about calculating your disbursement quota and how the changes to the disbursement quota may affect your community foundation.
The following fact sheet explains what a Disbursement Quota is. It also highlights the amendments to the Income Tax Act (Canada) (the “ITA”) that came into effect on June 23, 2022. The amendments introduce new “qualifying disbursement” rules. Canada Revenue Agency (“CRA”) issued its draft administrative guidance interpreting the new rules, entitled “Registered charities making…
Investment committees make important decisions about how to invest the financial assets of community foundations. Strategic investment practices can provide a financial return for community foundations and help manage the risks to come. Have you reflected on your current structure? Join Leith Wheeler Investment Counsel to learn more about establishing a successful investment program.
The following fact sheet provides you with an overview of the roles of an investment committee within your community foundation. It also provides detailed information on how to structure an investment committee.
Learn about CSRF eligible costings guidelines and what is considered to be eligible costs for a project.
This template outlines questions to ask when your community foundation is searching for an investment manager. These include questions about the firm’s experience and strategy, information on their fees and information about their client services. Feel free to customize this template to reflect the needs and interests of your foundation.
The following fact sheet summarizes the amendments to the Income Tax Act (Canada) (the “ITA”) that have been enacted by the Budget Implementation Act, 2022, No. 1 (the “BIA”), as well as the amendments that have been proposed in the Federal Budget 2022.
A fund agreement is an important part of the work within a community foundation. As an agreement between the donor and the community foundation it ensures that: The charitable gift is used to further the mission and charitable objects of the foundation and includes appropriate consideration of donor interests and objectives. There is clarification of…
Together, community foundations are one of the world’s largest philanthropic networks. In Canada, The Winnipeg Foundation set the stage in 1921 for what is now a century of community foundations making the places we live, work, and play more resilient. The collective, collaborative impact of community foundations is growing, as we aspire to deepen relationships,…