Rad Manual: Difference between revisions

Jump to navigation Jump to search

Rad Manual (view source)

Revision as of 17:48, 3 August 2009

2,027 bytes removed ,  3 August 2009
→‎Incorporation
Line 46: Line 46:


==Incorporation==
==Incorporation==
Registering as a charity is a process through the Canada Revenue Agency, different from registering as non-profit organization. Organizations that have charitable status are exempt from income tax and can issue tax receipts for donations.
Why incorporate? Some funding options, such as certain government grants and charitable
Why incorporate?
Some funding options, such as certain government grants and charitable
foundations, will only grant money to incorporated non-profit organizations.
foundations, will only grant money to incorporated non-profit organizations.
Further, some funding options are only available to non-profit organizations
that also have registered charitable status.
Incorporation can provide advantages for an organization. It provides a legal
Incorporation can provide advantages for an organization. It provides a legal
structure that stays in place even as the active members change over the
structure that stays in place even as the active members change over the
years. An incorporated non-profit can enter into contracts and have its own
years. An incorporated non-profit can enter into contracts and have its own
bank accounts.ered charities are also eligible to apply for
bank accounts.
funding from charitable foundations.


What is incorporation:
What is incorporation:
Line 83: Line 78:
insurance plan for work-related injuries), and applying for municipal and
insurance plan for work-related injuries), and applying for municipal and
sales tax exemption.
sales tax exemption.
activities?
Charities need to make sure that most of their resources are spent on
charitable activities. According to the Canada Revenue Agency, charitable
activities are distinct from political activities. Depending on the size of your
organization, only 10% to 20% of your resources can be spent on nonpartisan
political activities every year. This is often referred to as “the 10%
rule” although the percentage varies according to the overall annual income
of your organization.
Are all types of political activities allowed?
No, only non-partisan political activities are allowed. All partisan political
activities are strictly prohibited. Illegal activities, are, of course, also
forbidden.
What are partisan political activities?
The Canada Revenue Agency defines a partisan political activity as “one that
involves direct or indirect support of, or opposition to, any political party or
candidate for public office”. A charity can never endorse or oppose a
political party or candidate at any government level. Partisan political
activities are prohibited activities. Failure to comply with this rule can have
serious consequences and result in an organization losing its charitable
The Canada Revenue Agency (CRA) defines non-partisan activities as
anything that explicitly calls for a “law, policy or decision of any level of
government” to be “retained, opposed or changed”. Non-partisan political
activities are the only type of political activities charities can organize or
participate in. It is these types of activities that the CRA defines as fallin


==Funding:==
==Funding:==
Rkellys
59

edits

Retrieved from "https://ced.zooid.org/w/Special:MobileDiff/1329"

Navigation menu