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–Donor development programs where fundraising activities could result in financial returns only being realized in future years (long-term investments)
–Gaming activities, such as lotteries or bingos, where it’s commonly considered acceptable to have cost to revenue ratios of 70% or higher
g)Best Practices for Managing Fundraising
•Adopting best practices may decrease the risk of CRA finding that a charity is engaging in unacceptable fundraising
•The Guidance describes the following best practices in further detail
–Prudent planning processes
–Adequate evaluation processes
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