publication date: Sep 8, 2011
For many charities, the summer and fall seasons coincide
with an annual golf tournament as a special event to raise funds. The Canada
offers these reminders about issuing tax receipts for your
A charity can issue a receipt to a participant for the part
of the cost of entering that qualifies as the eligible amount of the gift. For
example, green fees that would ordinarily be charged to a non-member playing
the course at the time of the event would be considered a benefit and therefore
an advantage to be included in determining the eligible amount.
If a company buys a block of tickets for a golf tournament
for its employees to participate, any receipt for the eligible amount of a gift
goes to the purchaser (i.e., the company).
A registered charity can engage a third-party organization
or retain a fundraiser as an agent or other contractor to organize a
fundraising event such as a golf tournament.
However, the charity should maintain control over all the monies that
are received as part of the event, and over any receipts that are issued.
More information here