What does fundraising revenue mean in the application form?
On page 3 of the application form, there is a requirement to subtract funding received through fundraising activities from your organization’s total revenue. This applies to non-profit and charitable organizations. Tax-receipted revenue is different from fundraising revenue. For registered charities, the Canada Revenue Agency (CRA) requests reports as follows: line 4500 of the tax data is total eligible amount of tax-receipted gifts and line 4630 is total revenue from fundraising. For non-profit organizations, distinctions need to be made between individual cash donations received and other forms of fundraising efforts. The examples below provide further clarification. Example – If an individual purchases a ticket of chance (lottery-type ticket) for $100, an official income tax receipt is not issued. However, if an individual makes a cash donation of $100 to his/her chosen charity, an official income tax receipt is issued to the donor. Example – If a special event ticket is purchased f
