Vancouver Sun article on Rick Hansen Foundation, receipting issues and transparency

Posted by .(JavaScript must be enabled to view this email address) on 10/31/2012 | comments (0) | permalink | forward to a friend
Posted under 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
http://www.vancouversun.com/business/executive-pay/Rick+Hansen+donated+rights+name+foundation+received+million+receipt/7473401/story.html

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

 

 

 

Charity Lawyer Mark Blumberg

Mark Blumberg is a lawyer at Blumberg Segal LLP in Toronto, Ontario.
To find out more about legal services that Blumbergs provides to Canadian charities and non-profits please visit www.canadiancharitylaw.ca or www.globalphilanthropy.ca

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