Course Overview (Download as PDF)
Not sure how to establish the fair market value of that donated painting? Fretting over the charitable receipt amount for your next golf tournament or gala? Receipting Charitable Gifts in Canada answers these and many other common questions about receipting policies so you no longer have to worry if you're playing by the rules or not.
As with all Campus courses, this course is filled with downloadable resources and links to more useful information, so you can quickly gain confidence in this crucial yet highly misunderstood area of nonprofit management. This course has also been reviewed by the Canada Revenue Agency for accuracy.
Learning Outcomes:
- Define the key terms that relate to charitable gift receipting
- Show the information that must appear on a charitable tax receipt for both cash and non-cash gifts.
- Explain the split receipting rules.
- Clarify how determining the “fair market value” of a gift forms the basis of proper gift receipting.
- Handle the issues that arise when receipting fundraising events.
- Describe the four compliance tools the Canada Revenue Agency may use when a charity breaches a gift-receipting rule.
Downloadable Resources:
- You'll have access to 16 meaty downloadable PDF resources in this course:
- Defining a gift
- Fair market value (Free sample resource PDF)
- Is a receipt needed?
- Navigating the CRA website
- Qualified donees
- Receipting and charity auctions & gift certificates
- Receipting and golf tournaments
- Receipting and special events
- Receipting and the disbursement quota
- Receipting flow chart
- Receipting non-cash gifts
- Sanctions or penalties for non-compliance
- What is an "advantage"?
- What to include on a receipt
- Who is the donor?
- Year-end giving
Course Level/Prerequisites/Certification Credits:
- Introductory level, no prerequisites.
- Take the optional final quiz. If you pass with 70% or more, you can download a Campus Certificate of Completion.
- Participation in the course is applicable for 3 points in Category 1.B – Education of the CFRE International application for initial certification and/or recertification.
Duration:
- This course is on-demand, meaning that you can take it anytime, at your own pace.
- The course takes approximately 2-3 hours to complete from start to finish, but you have access for 3 months. Take it all at once. Take it in 15-minute bites. Take breaks between each module. Come back in a month for a refresher. It's entirely flexible and up to you!
Price: $127 per user; 3 month access (check for specials)
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System Requirements
Course Author: Marilyn Kerfoot
User Feedback:
"I did this course in the morning and attended a CRA workshop on the T3010A Charitable returns. The course helped me understand the workshop and I was able to help other participants with the knowledge that I gained through the online course. I also recommended to the other participants that they register for the Charity Village receipting course."
-- Anne McDonald, Executive Assistant,
Canadian Occupational Therapy Foundation
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