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www.carters.ca
www.charitylaw.ca
•Why charities and RCAAAs should be concerned
–CRA has yet to make clear what the effect of having an “ineligible individual” on the board will be, but revocation is a statutory right of CRA
–CRA has so far stated that they
§Will look at the particular circumstances of a charity or RCAAA
§Will take into account whether appropriate safeguards have been instituted to address any potential concerns
–Unfortunately, CRA has not stated what those circumstances are and no explanation of what the safeguards might be has been given
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Healthcare Philanthropy Seminar