Review of fundraising practices and opportunities
Benevolent Organizations depend on fundraising and other revenue sources to operate and carry on their activities. In order to be fully compliant and avoid problems with Canada Revenue Agency's auditors, registered charities must understand and comply with complex CRA policies and regulations. Proper fundraising policies are particularly important for gifts of assets, which are normally the largest and most tax efficient gifts. It is important for charities to develop sophisticated gift valuation and acceptance policies, and to understand the issues that arise in endowment and capital fundraising programs. Benefic's Fundraising Audit is intended to be more prospective than retrospective.

Benefic's Fundraising Audit will review:

• Valuation and gift acceptance policies and practices
• Official tax receipting procedures relating to:
• The content of tax  receipts
• Advantage and 'eligible amount of gift'
• Due diligence in light of the new interim sanctions and split-receipting
• Issuance of non-official receipts
• Fundraising and administrative costs and their allocation
• Dependence on unsustainable revenue streams
• Disbursement quota issues and planning strategies
• Endowments and enduring gifts
• Structure and the advantages of using parallel foundations
• New and emerging fundraising opportunities
• Various non-routine gift alternatives, such as:
• Non-qualified securities
• Publicly traded securities
• Specified gifts
• Gifts of life insurance policies
• Charitable remainder trusts and gift annuities
• Certified cultural property
• Ecologically sensitive land
• Residual interest gifts; etc.

Fee $1,500

(Benefic Compliance retains the right to review this quoted price after initial consultation depending on the size of the organization and potential scope of the audit.)