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HomeMy WebLinkAboutFCS-13-171 - Donations Made to City-Related Organizations REPORT TO: Community and Infrastructure Services DATE OF MEETING: December 2, 2013 SUBMITTED BY: Brenda Johnson, Director of Accounting, 519-741-2200 Ext 7647 PREPARED BY: Brenda Johnson, Director of Accounting, 519-741-2200 Ext 7647 WARD(S) INVOLVED: All DATE OF REPORT: November 18, 2013 REPORT NO.: FCS-13-171 SUBJECT: Donations made to City-Related Organizations RECOMMENDATION: That for fiscal 2014, donations received by the City of Kitchener on behalf of City-related organizations, namely Minor Sports Groups, Neighbourhood Associations and the KW Physicians Group be redistributed to those organizations as intended by the donor. BACKGROUND: The City of Kitchener is authorized to issue donation receipts for income tax purposes when a donation that legally qualifies as a gift is made to a municipality as per Section 110 1a of the Income Tax Act. The City currently issues donation receipts for those who donate to minor sports affiliated groups, Neighbourhood Associations, the KW Physicians Group, and the City of Kitchener in general. The City underwent an audit of donations procedures by the Canada Revenue Agency (the CRA) in July 2013. For donation receipts to be issued to donors for these City-related organizations, the CRA requires that all funds must be made payable directly to the City of Kitchener and that any funds distributed to the City-related organizations must be approved annually by Council. REPORT: In current practice, donations less than $500 are received directly by the City-related organizations and the City issues donation receipts only after proof of deposit by these groups. Donations greater than $500 are required to be made payable to the City of Kitchener and are redistributed back to the group. Going forward the CRA requires that all payments must be made directly to the City of Kitchener. Staff are recommending that, effective January 1, 2014, Council approve that any donations made directly to the City of Kitchener on behalf of a City-related organization be redistributed to 2 - 1 the City-related organization in the manner they were intended. Without this approval, the City of Kitchener will no longer be permitted to issue donation receipts for donations made to these groups. ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: This aligns with the Community Priority: Leadership and Community Engagement. The City of Kitchener strongly supports the giving spirit of the community to all City-related organizations. FINANCIAL IMPLICATIONS: The change in procedure to receive these donations, reconcile accounts and issue cheques to the City-related organizations will undoubtedly increase workload for City staff but it is anticipated this can be accommodated within current staffing levels. This will be monitored for a one year trial period to determine if any further process changes may be required as a result of the CRA audit. COMMUNITY ENGAGEMENT: Inform. ACKNOWLEDGED BY: Dan Chapman, Deputy CAO Finance and Corporate Services 2 - 2