Summary Policy

Date
October 25, 2002

Reference Number
CSP - D04

Key Words
Disbursements - Charitable foundation - Charitable purposes

To qualify for registration as a charity, a charitable foundation must be constituted and operated exclusively for charitable purposes. Charitable purpose includes the disbursement of funds to qualified donees.

• Charitable Purposes, CSP-C01.
• Disbursement of Funds to a Qualified Donee, CPC-014.
• Income Tax Act, R.S.C. 1985 (5^th supp.) c. 1, ss. 149.1(1).