Philanthropy/Charitable Giving

Total 169 Posts

The new charity funding crisis

• • 0 Comments

Charities do not exclusively depend on donations, despite popular perceptions to the contrary. In Canada, government funding and earned revenue contribute more to registered charities than donations.  Both these types of low-key funding are under pressure, enough so that we will soon witness some large charities shrink or even collapse. Now, it’s true that a high percentage of charities get most of their income from donations, but these organizations are….

The new charity funding crisis Continue Reading »

Estate Donations, Philanthropy/Charitable Giving

The Two-Charity Structure

• • 0 Comments

In its Income Tax Act, Canada has two basic types of registered charity: charitable organizations and foundations.  These charity types are often paired to work together in a complementary fashion – ying and yang – to achieve shared purposes. This article is a short primer on the prevalence of this structure and how it can be used for charitable planning. Doing and Funding Charitable organizations are the most common charity….

The Two-Charity Structure Continue Reading »

Estate Donations, Philanthropy/Charitable Giving, Uncategorized

Caravaggio and Complex Charitable Purposes

• • 0 Comments

The story of the Confraternità del Pio Monte Della Misericordia and Caravaggio’s painting is a fascinating example of how art and charity can intertwine to convey a powerful mission. In 1602, seven idealistic noblemen founded the Confraternità del Pio Monte Della Misericordia in Naples, Italy.  Their mission was ambitious, and no doubt the product of multiple feverish strategic planning sessions. Rather than focus on one charitable purpose – for example, feeding….

Caravaggio and Complex Charitable Purposes Continue Reading »

Philanthropy/Charitable Giving

Gifting and Gift-Overs: Remember to include gift-overs this holiday season (and always)

• • 1 Comment

Law school requires reading an abundance of case law. I am sure that most lawyers have a few memorable cases that standout from their time in class (Lord Denning; the ginger beer snail etc.). There are cases that have stood the test of time; cases that caused a momentous shift in an area or aspect of law; and cases that have been in the news media and public discourse in….

Gifting and Gift-Overs: Remember to include gift-overs this holiday season (and always) Continue Reading »

Charitable Giving, Estate Planning, Philanthropy/Charitable Giving

A Reminder of the Importance of a Cy-Près Clause

• • 0 Comments

As an estate planning professional, philanthropy is a great tool in your toolkit. However, if your client intends to incorporate philanthropy into their estate plan, the importance of including a cy‑près clause in their Will cannot be understated. If there is no cy‑près clause in the Will and the charity has ceased to exist, an application to the Court must be made for direction as to whether the gift has….

A Reminder of the Importance of a Cy-Près Clause Continue Reading »

Charitable Giving, Courts, Estate Administration, Estate Planning, Philanthropy/Charitable Giving
Scroll to Top