Canada Revenue Agency (CRA) has released draft guidance for registered charities to grant non qualified donees. This guidance comes after the income tax act (ITA) was amended this year to make it possible for registered charities to work with non-charities (non-profits) in a new way; by granting financial and other resources directly to them. CRA welcomes feedback on this guidance from the public until January 31, 2023.
On January 19, 2023, from 2:00 PM – 3:30 PM EST, NABC will host an information session with Black community leaders to discuss the guidance document. You can register for the event here. Details about a session in French will be provided soon.