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Charitable Sector Reform: CRA Lifts Suspension on Audits and Restriction on Political Activities

Posted: March 12, 2019
Posted in: Strategic Thinking, Current Issue , CRA, Canada Revenue Agency, philanthropy, CAGP, Spire Philanthropy, charity, Ruth Mackenzie, MFA - P, charity and policy development, Advisory Commitee on the Charitable Sector, ACCS, Ministry of Finance, Minster of National Revenue, government consultations

The nature of the charitable sector is changing in Canada. On March 7, 2019, the Minister of National Revenue issued four key recommendations for the administration of new rules relating to the political activities of charities. Some in the sector are rejoicing, but others are wondering about the long term impact of the changes.

Giving Back in 2019? Consider Donor-Advised Funds

Posted: January 08, 2019
Posted in: Strategic Thinking , Strategic Philanthropy, tax credits, charitable giving, tax receipts, donations, MFA- Philanthropy, Donor-Advised Funds, DAFs, Nicola Elkins, MFA - P

The desire to make a difference is gaining momentum with people of all ages, as individuals see their personal wealth not only as a means to live well, but also as a way to contribute have social impact or create a meaningful legacy. Advisors need to be able to help philanthropic-minded clients convert their wealth into some form of social capital. One option: Donor-Advised funds (DAFs).