Topics: News, What's New from the Charities Directorate of CRA, Canadian Charity Law, Ethics and Canadian Charities
The Vancouver Sun published a story today entitled “Rick Hansen ‘donated’ rights to his name to his foundation, received $1.8-million tax receipt: Canada Revenue Agency says the 2009 donation does not qualify as a gift and the foundation must cancel the receipt”
Here is a link to the story:
Rick Hansen ‘donated’ rights to his name to his foundation, received $1.8-million tax receipt: Canada Revenue Agency says the 2009 donation does not qualify as a gift and the foundation must cancel the receipt
Here are the audited financial statements that the Rick Hansen Foundation refused to provide to the Vancouver Sun and they have now disclosed and placed on their website:
2011 - 2012 http://www.rickhansen.com/Portals/0/WhoWeAre/RHF-March31-2012Signed.pdf
2010 - 2011 http://www.rickhansen.com/Portals/0/WhoWeAre/RHF-March31-2011Signed.pdf
2009 - 2010 http://www.rickhansen.com/Portals/0/WhoWeAre/RHF-March31-2010.pdf
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Mark Blumberg is a partner at the law firm of Blumberg Segal LLP in Toronto and works almost exclusively in the areas of non-profit and charity law.