Fundamentals of Running a Private or Public Foundation in Canada

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Oakham House at Ryerson

55 Gould Street

Toronto, Ontario M5B 1E9


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Refunds up to 30 days before event

Event description


Private and Public Foundations are an important part of the Canadian charity sector. This program will focus on compliance issues with an emphasis on those specifically relevant to running a private or public foundation that is a registered charity in Canada. While some foundations give out a small amount each year – others are giving hundreds of millions. Large gifts might have been $10-20 million a few years ago but are now $100 million and over.

There are over 10,000 foundations (5800 private and 5000 public) and CRA is increasingly auditing them as CRA prioritizes higher risk registered charities with higher assets and expenditures for audits. It is vital that directors and staff of foundation understand their legal obligations to avoid problems such as compliance agreements, penalties, revocation, and directors and officers becoming ineligible individuals.

Some of the topics will include:

  • An overview of the private and public foundation sectors

  • A brief overview of the process to establish a private and public foundation and current challenges

  • Myths and fallacies about public and private foundations

  • Key documents to understand your foundation

  • Key issues for your foundation

  • What are the differences between a charitable organization, public foundation and private foundation

  • Constraints that apply to private and public foundations and which are most important

  • The importance of legal objects of foundations and how they can limit activities

  • Control and organization of foundations

  • The importance of the separation of charitable foundations from non-qualified donees such as an affiliated bank or for-profit entity or non-profit

  • Having more flexibility through changes in corporate documents or set up as well as possibly having multiple entities

  • Corporate law considerations, by-law and policies

  • Investments and related compliance issues

  • Maintaining your corporate foundation

  • Receiving gifts or endowing foundations and avoiding problems

  • Making grants to qualified donees and potential pitfalls to be aware of

  • Structuring gift agreements with grantees

  • Making grants to non-qualified donees in Canada and outside of Canada and the need for direction and control according to CRA Guidance

  • Top compliance concerns for private and public foundations

  • Transactions with directors and compensating directors and the complexities related to it

  • Top mistakes made by private and public foundations

  • How much should you spend on administration?

  • Rules around fundraising and grant writing

  • Disbursement quota rules and how the 2010 reforms made many changes

  • Anti-Avoidance rules and designated gifts

  • Some ideas on good governance for foundations and some grant-making good practices

  • Due diligence on grants

  • How to deal with a CRA audit and factors CRA uses to determine who to audit

  • Criticisms of foundations and strategies to avoid reputational problems

Cost: $395.00 per person (includes snacks and coffee, lunch, materials, and registration fees). REGISTER HERE.

If you have questions please call Daniela Campos at 416-361-1982 extension 252 or e-mail daniela@blumbergs.ca

Fundamentals of Running a Private or Public Foundation in Canada will be of interest to

  • staff and volunteers at private and public foundations responsible for governance, financial management and compliance issues;

  • professional advisors such as lawyers, accountants, investment advisors who advise private and public foundations; and

  • board members of Canadian foundations.

For lawyers, this event qualifies for 5 hours of Law Society of Ontario Substantive Hours but does not qualify for Professionalism Hours. For accountants, this may count as 5 hours of Continuing Professional Development.

If you cannot attend this event but wish to be informed of future events then please subscribe to our newsletter at https://www.globalphilanthropy.ca/charity_law_list/subscribe/

Timing and content are subject to change. There are a limited number of spaces available for this conference.

Tickets are fully refundable until 30 days prior to the event but not thereafter. If you register and are unable to attend, you are welcome to substitute someone else from your organization at any time. Dates and locations may be subject to change should circumstances arise. All efforts will be made to notify you as soon as possible in this event.

To find out more about legal services that Blumbergs provides to Canadian charities and non-profits please visit www.canadiancharitylaw.ca, www.globalphilanthropy.ca or www.charitydata.ca

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Date and Time


Oakham House at Ryerson

55 Gould Street

Toronto, Ontario M5B 1E9


View Map

Refund Policy

Refunds up to 30 days before event

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