Monday, November 07, 2005

Charity Village� NewsWeek-AFP asks Canadian members to petition Department of Finance

Charity Village� NewsWeek: "AFP asks Canadian members to petition Department of Finance
The Association of Fundraising Professionals (AFP) is calling on its Canadian members to write to the Department of Finance regarding proposed new provisions affecting charities. The proposal would require that for any contribution of $5,000 or more, charities make 'reasonable' inquiries regarding advantages received by the donor, tax shelters, intended use of the gift, and other matters. However, the term 'reasonable' is not defined in the proposal, and charities could face financial penalties if they fail to fulfill the requirement. In a submission to the Department of Finance, the AFP argued that charities should not be required to perform these duties, and that this responsibility should go to charity regulators. The AFP is asking Canadian members to write to the department requesting that it modify the proposal to place less of a burden on the charitable sector. For more information, visit: www.afpnet.org."

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