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CRA To Fund Educational Initiatives Undertaken By Charities Limited Window For New Funding Opened.

Publication: Mondaq Business Briefing
Publication Date: 25-JAN-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
On October 27, 2006, the Canada Revenue Agency (the "CRA") announced a new round of funding under its Charities Partnership and Outreach Program (the "Charitable Funding Program"). The Charitable Funding Program will provide qualifying registered charities and certain non-profit organizations with financial support to develop innovative educational projects aimed at improving regulatory compliance in the charitable sector.

In 2007-2008, the CRA will distribute up to $2 million to charities and other organizations that qualify for funding under the Charitable Funding Program. Funding of up to $500,000 per qualifying project, per year (for a maximum of three years for any single project) will be made available to successful applicants. However, eligible organizations...

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