Private and Public Foundations are an important part of the Canadian charity sector. The Blumbergs' Fundamentals of Running a Private or Public Foundation in Canada will focus on compliance issues with an emphasis on those specifically relevant to running a private or public foundation that is a registered charity in Canada. While some foundations give out a small amount each year – others are giving hundreds of millions. Large gifts might have been $10-20 million a few years ago but are now $100 million and over. On September 17, 2019, we will be hosting a full-day event on public and private foundations. Register here.
There are over 10,000 foundations (5800 private and 5000 public) and CRA is increasingly auditing them as CRA prioritizes higher risk registered charities with higher assets and expenditures for audits. It is vital that directors and staff of foundation understand their legal obligations to avoid problems such as compliance agreements, penalties, revocation, and directors and officers becoming ineligible individuals.
The program will be led by charity lawyer Mark Blumberg.
Fundamentals of Running a Private or Public Foundation in Canada will be of interest to
Timing and content is subject to change. There are a limited number of spaces available for this conference.
Do you require legal advice with respect to Canadian or Ontario non-profits or charities?
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.