F24. My registered charity receives the bulk of its funding from corporations and government. Do I still need to be concerned about the disbursement quota?

F24. My registered charity receives the bulk of its funding from corporations and government. Do I still need to be concerned about the disbursement quota?

You should at least think about it. Even if the disbursement quota does not apply to the funding when it is income, because it is unreceipted, unless spent immediately on charitable programs or services (or gifted to a qualified donee), it will be subject to the disbursement quota applied to capital not used in charitable work. Registered charities that receive the majority of their funds from government, corporate sponsorships or sources other than donors should keep a very tight rein on their costs anyway, since they are still required under the Income Tax Act to devote all their resources toward charitable ends.