DQ5. How does a charity go about accumulating property outside of its disbursement quota?Short Answer
If a charity is saving for a particularly large expenditure for a particular purpose, it can request permission from the Canada Revenue Agency to temporarily accumulate funds. Your charity might be planning to buy a building or an expensive piece of equipment. With written permission from the Canada Revenue Agency, it can then postpone the disbursement of funds for this particular purpose, within a designated time frame.
Registered charities can apply funds toward meeting its disbursement quota even while it is accumulating them. However, it must receive permission from the Canada Revenue Agency to do so.