Viewpoint: The Role of the Charitable Foundation in a Changing Society

Viewpoint expresses the views of contributors, not necessarily those of The Philanthropist. Readers are invited to respond to the views expressed in this section. If appropriate, their responses will be published. This article has been developed from a presentation to The Canadian Centre for Philanthropy’s Fourth Grantors’ Conference for Foun­dations. At the time the author…

Solutions to the 20-Per-Cent Problem

All registered charities are required by the provisions of the Income Tax Act (the Act) to have exclusively charitable purposes. In order to ensure that most of a charity’s funds are used for such purposes, the Act requires compliance with annual minimum expenditure tests. To look at it another way, the expenditure tests are designed…

What Is Income? What Is Capital?

What is income? What is capital? The distinction between the two has been likened to that between the fruit of the tree and the tree itself. It is a distinction which has troubled most people who have filed an income tax return. It is even a distinction of significance to registered charities in Canada, notwithstand­ing…

Recent Tax Developments

White Paper Proposals Affecting Charitable Giving and Charities On June 18, 1987 (16 years to the day after the last major tax reform initiative) the Minister of Finance, the Honourable Michael Wilson, released the government’s proposals for tax reform. The immediate effect of these proposals, which are effective January 1,1988, is that the deduction for…

From the Editor

In this issue, we continue to explore the debate concerning the impact of tax reform. Blake Bromley discusses tax reform from a philosophical perspective and questions the proposed shift from tax deductions to tax credits for charitable contributions. On a practical level he asserts this shift will unnecessarily cost the Treasury lost revenue. On a…

Index to The Philanthropist Volume VI

Index to The Philanthropist Volume VI Cite as (1986) or (1987), 6 Philanthrop. No., pp. PREPARED BY CLAUDIA WILLEITS, M.L.S. Subject Index A Accessibility. Private philanthropy. United States Increase. Role of the National Committee for Responsive Philanthropy Spring 1986 (Vol.VI, No.1), pp. 34-40. Accountability. Private philanthropy. United States Increase. Role of the National Committee for Responsive…

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