|
|
|||||
|
|||||
| Path: Main Street > Resources/Library > Research Articles > Feature Article |
Understanding the disbursement quota
Audio interview with Adam Aptowitzer and Nicole Zummach
May 7, 2007
Registered charities are required by law to distribute the bulk of their receipted revenue to causes or activities in line with their charitable mission. But the numbers aren't always as cut and dried as one might expect. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, discusses the rules of thumb for the disbursement quota, what happens when there is a disbursement quota shortfall, and how to deal with generated income.
Understanding the disbursement quota (MP3)
Click to listen now.
(Note: To download the file and listen later, right click on the link and click "Save target as", "Save link as..." or "Download linked file.")Run time: 10:50 minutes
Subscribe to future episodes: External Resources:
Canada Revenue Agency - Disbursement quota
CharityTax.com - Adam Aptowitzer's Online Office
Drache Charity Insights Newsletter
|
|||
