Charities
Glossary
The definitions in this glossary are the ones used by the Canada Revenue Agency in the context of registered charities. In other contexts, these words may have different meanings.
A B C D E F G I L N O P Q R S T

Definition

Advantage

Something a person gets in return for a donation to a registered charity. Examples include meals, tickets to a show, books, CDs, coffee mugs, T-shirts and guest speakers.

The value of an advantage must be subtracted from the amount of a donation when an official tax receipt is issued for the donation. However, sometimes small advantages do not have to be deducted. (For more information on small advantages, see the “de minimus rule”.)

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