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–However, a high fundraising ratio for an individual event may be an indicator of unacceptable fundraising
–It is totally distinct from the 3.5% disbursement quota, although elements of it overlap in the ratio
–Fundraising revenues include amounts reported in the T3010 on line 4500 (receipted donations, regardless of whether these amounts can be traced to fundraising activity) and line 4630 (all amounts for which a tax receipt was not issued and that were generated as a direct result of fundraising expenses)
–Fundraising expenditures will include all amounts reported on line 5020 as fundraising expenses in accordance with the Guidance
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