Monday, June 09, 2008

The ubiquitous charitable golf tourney: Hole-in-one or vicious slice?

Charity Village®NewsWeek: Cover Story: "CRA’s staggering numbers
CharityVillage asked the Canada Revenue Agency (CRA) for a breakdown of the most recent figures on charitable golf tournaments in Canada. The agency informed us that there was no specific category for “golf tournament” in their reporting measures. However, the numbers they were able to provide - from 2006 - offer a glimpse into how potentially profitable golf tournaments are for the sector.

The following numbers represent “the list of all charities that filed a 2006 Annual Registered Charity Information Return (T3010) as of April 2008 that checked box 2630 (Tournaments/Sporting events) in Section C8 and the total amount of revenue collected from fundraising captured on Line 4630,” according to Catherine Jolicoeur, a spokesperson for the CRA."

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