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Directors and trustees are persons who make up the registered charity's elected or appointed governing body. This generally means persons who hold positions identified in the registered charity's governing documents, such as chair, treasurer, secretary, or past president. The registered charity's...
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A charitable activity is an activity carried out by a registered charity to further its mission.
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Political activities are partisan if they directly or indirectly support or oppose a political party or candidate for public office.
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At a minimum, financial statements consist of a statement of assets and liabilities and a statement of revenue and expenditures for the fiscal period. They should show the different sources of a registered charity's revenue and how it spent its money.
(CRA : Charities Glossary)
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The chart of accounts is the master list of account codes (consisting of numbers and/or letters) and account names used to classify, record, budget, and report financial transactions in a general ledger.
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Personal use property refers to items that you own primarily for the personal use or enjoyment of your family and yourself. It includes all personal and household items, such as furniture, automobiles, boats, a cottage, and other similar properties. It also includes listed personal property.
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Description: Land, and buildings or other structures permanently attached to land.Examples: A family home, a cottage, or a vacant piece of land.The value of real property for tax receipt purposes is its fair market value. You should almost always get an appraisal or valuation from a professional...
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A fiscal period is the 12 months (or, for incorporated charities, a period of up to 53 weeks) covered by the charity's financial statements. Many registered charities have a fiscal period that is the same as the calendar year (that is, their fiscal period is from January 1 to December 31); others...
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An activity that relates to and supports a charity's purpose and is a reasonable way to achieve it.
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Qualified donees are generally organizations that can issue official tax receipts for gifts.
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