Revenue Minister Skelton announces donor information Web resource

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The following is now available on the CRA Web site:

News release
Revenue Minister Skelton announces donor information Web resource
Ottawa, Ontario, December 20, 2006… Carol Skelton, Minister of National Revenue, today announced the launch of a useful new resource called Giving to Charity: Information for Donors, now available on the Canada Revenue Agency (CRA) Web site.

“The Canada Revenue Agency regulates registered charities in Canada and is committed to providing donors with relevant information,” said Minister Skelton. “Many Canadians make donations at this time of the year, so I am pleased that Canada’s New Government is offering user-friendly information via the CRA Web site to help donors make informed decisions about supporting charities.”

Giving to Charity: Information for Donors is available at www.cra-arc.gc.ca/tax/charities/menu-e.html and provides information about tax savings, donation receipts, the regulation of charities, and how to be an informed donor.

Potential donors can also research the CRA’s Charities Listings, which lists the more than 82,000 registered charities in Canada. Using the listings, donors can verify whether a charity is registered with the CRA and therefore eligible to issue official receipts for income tax purposes. The listings can be searched by name, location, category, and status, providing a unique research tool for all potential donors.

Upon finding the listing for a charity, donors can learn more about a charity’s activities by reading its Registered Charity Information Return. The return provides information from the charity, including contact information, a description of the charity’s activities, and financial information such as income, expenditures, assets, and liabilities.

In 2005, almost six million Canadians donated to registered charities and claimed a credit on their tax return. The new Giving to Charity: Information for Donors Web resource provides donors with an excellent starting point for researching the charities that they support.

SOURCE: CRA

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