Non-qualified donees reap rewards after hard fought battle for regulatory change
Why It Matters
Last June, the federal government changed the law allowing foundations across Canada to grant directly to non-charities. But are they doing it?
TORONTO/TREATY 13 – In her 10 years at the helm of Laadliyan, a non-profit empowering South Asian women, Manvir Bhangu has never managed to get a grant from a Canadian foundation.
That changed last week when the Peter Gilgan Foundation announced Bhanguโs non-profit is one of 15 recipients of the foundationโs new GTA Community Grants program. The foundation distributes dozens of grants each year, but this is the first time theyโve granted directly to a non-charity.
The contribution was made possible by a change in federal law last June, which allowed foundations to grant directly to so-called non-qualified donees โ social purpose organizations without charitable status. About six months later, the Canada Revenue Agency published a document spelling out what the new law means for
Join a community of 2000+ impact-oriented professionals like you. Get full access to this story and all Future of Good content, including tickets to our digital events and networking, with a membership.
Already have an account? Sign in.