More than 50 per cent of its
governing officials must be
at arm's length from each
other, and it usually receives
its funding from a variety of
arm's length donors.
Qualied donee
An organization that can issue
official donation receipts
for gifts it receives from
individuals and corporations.
it can also receive gifts from
registered charities.
Registered charity
A charitable organization,
public foundation or private
foundation registered with the
Canada Revenue Agency. it is
exempt from paying income
tax and can issue tax receipts
for donations it receives.
it must be established and
reside in Canada, use its
resources for charitable
activities and have charitable
purposes that fall into one or
more of the following catego-
ries: the relief of poverty, the
advancement of education,
the advancement of religion
or other purposes that benefit
the community.
Society
A not-for-profit corporation
created and run in B.C. Societ-
ies may be formed for any
lawful purpose or purposes,
including agricultural, artistic,
benevolent, charitable,
educational, environmental,
patriotic, philanthropic, politi-
cal, professional, recreational,
religious, scientific, social
and sporting. if a society is
seeking funding or grants, or
charitable status from the
federal government, there
may be a requirement to
incorporate.
■
g l o s s a r y ( C o n t i n u e D f r o m P a g e 4 1 )
■ Charitable program $0
■ Management and adminis-
tration $0
■ Fundraising $0
■ Political activities $0
■ Gifts to other registered
charities and qualified
donees $272,923
■ Other $23,471
TOTAL ExPEnSES: $296,394
B o s a P r o P e r t i e s
f o u n D a t i o n
Expenses
99.6%
■ Charitable program $0
■ Management and
administration $0
■ Fundraising $0
■ Political activities $0
■ Gifts to other registered
charities and qualified
donees $113,679
■ Other $500
TOTAL ExPEnSES: $114,179
B l u e s k y P r o P e r t i e s
f o u n D a t i o n
Expenses
92%
8%
SOURCE:
CRA
(FOR
REPORTiNG
PERiOD
ENDiNG
MARCH
31,
2017)
0.4%
GLOSSARy
SOURCES:
CRA
+
B.C.
GOVERNMENT
Wave energy could one day eliminate dependency on diesel for power in remote communities. Dr. Brad Buckham's West Coast Wave
Initiative, in partnership with the Barkley Project Group, Hesquiaht First Nation and public and private sector collaborators, is discovering
how wave energy technologies can integrate within a hydro-diesel energy system to cut emissions and foster community growth.
It's in the strength of our partnerships in pursuit of clean growth
THE EDGE IS HERE
