Mark’s programs for the Institute of Chartered Accountants of Ontario - Fall 2010

August 23, 2010 | By: .(JavaScript must be enabled to view this email address) Mark Blumberg
Topics: News, Canadian Charity Law

I will be doing a number of programs for the Institute of Chartered Accountants of Ontario (ICAO) including on Top Compliance Issues - Registered Charities, Directors, CAs; Charity Fundraising and Receipting Rules and Recent Legal Developments Affecting Registered Charities.

Top Compliance Issues - Registered Charities, Directors, CAs
https://ebusiness.icao.on.ca/pd/pdCourseFilter_Detail.aspx?coursecode=21301CA1

Address The Institute of Chartered Accountants of Ontario
69 Bloor Street East
TORONTO 416-962-1841
Directions  
Length 0.5 day
Date Friday, November 19, 2010
Course Leader Mr. Mark Blumberg, BA, LL.B, LL.M, TEP


Level: Intermediate

This presentation, by charity lawyer Mark Blumberg covers the top twenty compliance issues for Canadian registered charities and discusses how directors and officers can responsibly govern a charity, protect its property and avoid facing personal liability. Running a registered charity is becoming increasingly complex and faces different challenges than a comparable profit-driven enterprise. CAs are often in a very good position to assist charities in being more compliant, ethical and reducing potential liability. This presentation also provides a simple checklist that a charity or CA can use to monitor the most important compliance issues facing a charity, with many references and links to further information on each of the compliance issues.

Topics include:

•Appropriate and timely filing of the new T3010B
•Issuing proper official donation receipts
•Staying within a charity’s legal objects
•Appropriate fundraising and CRA’s guidance on fundraising
•Appropriately dealing with non-qualified donees such as Canadian non-profits that are not registered charities and foreign charities
•The disbursement quota and changes thereto and their effect on charities
•Avoiding abusive charity tax schemes
•Payments to directors
•The importance of keeping adequate books and records
•Allowable political activities of Canadian charities
•Business activities/conducting social enterprise by Canadian charities
•How to handle a CRA charity audit
•Important employment issues for Canadian charities
•Failure to respect donor restrictions (breach of trust)
•Top liability concerns for charities
•Top liability concerns for directors of charities

Who will benefit:

This seminar will be of use to CAs who do work with charities and/or who are Directors or Officers of a charity, who wish to understand the legal issues surrounding charities and how this can affect their work and that of their charity clients.
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Charity Fundraising and Receipting Rules
In Toronto https://ebusiness.icao.on.ca/pd/pdCourseFilter_Detail.aspx?coursecode=24301CA1
In Kitchener https://ebusiness.icao.on.ca/pd/pdCourseFilter_Detail.aspx?coursecode=24302KT1

Address The Institute of Chartered Accountants of Ontario
69 Bloor Street East
TORONTO 416-962-1841
Directions  
Length 0.5 day
Date Wednesday, November 10, 2010
Course Leader Mr. Mark Blumberg, BA, LL.B, LL.M, TEP


 
Level: Intermediate

This seminar discusses the many rules and guidance surrounding fundraising by registered charities and appropriate receipting practices. With the removal of the 80/20 expenditure requirement from the disbursement quota and increased public and regulatory scrutiny, the CRA’s Fundraising Guidance will become far more important over the next few years. As well, there are tremendous tax benefits for a charity to be registered and able to issue official donation receipts. Many charities have found that issuing proper receipts has been challenging and there are many demands made on charities to issue them for transactions that should not be receipted. According to the CRA, 89 per cent of registered charities that are audited are not correctly issuing official donation receipts.

Topics include:

Fundraising

•What constitutes prohibited fundraising
•What are fundraising ratios and why are they important
•What conduct will increase or decrease CRA’s level of concern with fundraising activities
•What are the rules on appropriate allocation of fundraising expenses and how can CAs help their clients with these calculations
•What new transparency, accountability and disclosure requirements have been introduced
•What rules apply to cause-related marketing

Receipting

•When are charities allowed to issue official donation receipts (tax receipts) and when not
•What are the top receipting mistakes
•What is the eligible amount of a gift and how to determine fair market value
•How to prevent abuses and the consequences of improper receipts
•Some challenging receipting issues

Who will benefit:

This seminar will be beneficial to accountants and professionals who are involved in advising or auditing charities, as well as those who are involved in the governance of charities such as serving as a Board member or officer of a charity, or anyone who would like to be more involved in the charitable sector.

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Recent Legal Developments Affecting Registered Charities
https://ebusiness.icao.on.ca/pd/pdCourseFilter_Detail.aspx?coursecode=23301CA1

Address The Institute of Chartered Accountants of Ontario
69 Bloor Street East
TORONTO 416-962-1841
Directions  
Length 0.5 day
Date Friday, January 21, 2011
Course Leader Mr. Mark Blumberg, BA, LL.B, LL.M, TEP


 
Level: Intermediate

This course summarizes some recent changes that affect non-profits and registered charities, including corporate governance legislation, Income Tax Act changes, new or revised CRA administrative policies and guidance, and recent case law.

Topics include:

•CRA’s Fundraising guidance
•Changes to the disbursement quota and its impact on charities
•New anti-avoidance rules for charities
•CRA guidance on dealing with non-qualified donees such as foreign charities
•The new Canada Not-for-Profit Corporations Act and Ontario progress with replacing the Corporations Act (Ontario)
•Recent cases on receipting, charity gifting tax shelter arrangements and other issues

Who will benefit:

This update is beneficial to CAs who are interested in recent legal developments in the charitable sector and how these will affect your work with charities.

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To see other ICAO professional development offerings see: https://ebusiness.icao.on.ca/pd/pdfilter.aspx?CFID=826811&CFTOKEN=29004758

Do you require legal advice with respect to Canadian or Ontario non-profits or charities?

Contact

Charity Lawyer Mark Blumberg

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.

mark@blumbergs.ca
416.361.1982
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