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The Government of Canada passed legislation to allow Canadian registered charities to make grants to non-qualified donees (grantees). To learn more about this legislation, review CG-032, Registered charities making grants to non-qualified donees (draft).
As a result, the Government of Canada has updated the registered charity information return:
- updated Form T3010, Registered Charity Information Return, which now requires charities to report grants they made to non-qualified donees (grantees).
- the new Form T1441, Qualifying Disbursements: Grants to Non-Qualified Donees (Grantees), which allows charities to report detailed grant information, as required by the Income Tax Act.
Guide T4033, Completing Form T3010 Registered Charity Information Return will also be updated in the near future and will provide instructions on how to complete the T3010 and T1441.
Charities are required to use the updated version of the T3010 when filing their return. If charities already filed a return for the fiscal period end, they do not need to refile with the new form. Charities are reminded to ensure that their organizations are maintaining adequate books and records to support all granting activities. To learn more about the new legislation, click here.
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