Planned giving has been an issue of interest to the charitable sector for several years. The enthusiasm by which the sector has taken up the discussion has permeated the donor community. As a result donations by will are a common occurrence. But if the donor does not monitor developments with the charity the gift could lapse and frustrate the donor’s intentions to support the organization.
The Canada Revenue Agency has published a succinct summary of the general requirements that an organization requires to qualify as a charity (charitable organization, private foundation, or public foundation). The seven general requirements are set out below:
Since 1994 The Learning Partnership, a national charitable organization which promotes a strong public education system in Canada, has spearheaded the Take Our Kids to Work ("TOKTW") program, which is now a Canada-wide program with more than 200,000 Grade 9 (or equivalent) students and over 75,000 employers taking part in 2011. The 2012 TOKTW Day is scheduled for November 7, 2012.