LEGAL ISSUES IN INVESTMENTS OF

CHARITABLE FUNDS

September 20th, 1999


by Terrance S. Carter, B.A., LL.B.©




A. OVERVIEW OF TRUSTEE INVESTMENT POWERS IN ONTARIO


1. Fiduciary Obligations Of Charities With Regard To Charitable Funds

Charitable trusts and unincorporated associations hold their charitable property as trustees

It is not clear, though, whether charitable corporations are trustees of their unrestricted charitable property