What The Numbers Say: What T3010 Data Tell Us About Charity Financing

Introduction From 2005 to 2009, Canada‚Äôs roughly 85,000 charities reported that their collective revenues increased by roughly one quarter, equivalent to an annual growth rate of over 4%. Given this high rate of growth and the economic turbulence of the last few years, it is timely to look more closely at how charities are financed….

From the Editor

This issue continues our usual combination of opinion and instruction aimed at boards, financial managers and …the public at large. Ed Waitzer, Chair of the Ontario Securities Commission, was active in philanthropy and a onetime member of our Editorial Board before his appointment. He gives us the benefit of some time for reflection in his…

From the Editor

For summer reading this issue offers some hot topics for all tastes. Canada’s tax laws encourage gifts of cultural property to Canadian institutions to help avoid the export of culturally valuable goods. The operation of these laws is examined by Harry Erlichman, who touches briefly on the appalling decision of the Federal Court of Appeal…

From the Editor

Much of this late summer issue is devoted to exploring the implications of the Ontario Court of Appeal’s decision in the Leonard Foundation case. As Professor Phillips points out, it is the only case in Canada or the Commonwealth that has amended a charitable trust on grounds of public policy. The Court held that charities…