R4. Our charity was officially registered on March 1, 2008. When can we start issuing official donation receipts?

R4. Our charity was officially registered on March 1, 2008. When can we start issuing official donation receipts?


Short answer

It depends on the kind of gift. Your charity can issue receipts for gifts-in-kind as of your effective date of registration. In the case of cash gifts, you can issue receipts as of the year of registration. (CPC 009)

Example

As stated, your organization’s effective date of registration is March 1, 2008. If you received a gift-in-kind on January 12, 2008, a receipt cannot be issued for the gift, since it was received prior to your effective date of registration. If the gift were a cash donation, you would be able to issue an official receipt as of January 1, 2008.

Long Answer

On the official donation receipt, your charity must enter the date on which the gift was received. A registered charity cannot issue an official donation receipt for a gift-in-kind received prior to its effective date of registration.