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The RAC Foundation is administered by Community Foundation of Ottawa (CFO), which will issue grant cheques. All grant applications should be submitted to the RAC Foundation for processing and recommendation.
Revenue Canada provides for the following charitable purposes relevant to Radio Amateurs of Canada, Inc.:
Advancement of Education - This includes "providing scholarships, bursaries, and prizes for scholastic achievement", and "undertaking research in a recognized field of knowledge (the research must be carried out for educational purposes and the results must be made available to the public)". The former would be reserved for radio amateurs. The latter would be reserved for research/development which would benefit all Canadian radio amateurs.
Purposes Beneficial to the Community - Organizations which normally qualify as charitable include those with the following purposes: "providing public amenities to benefit the community", "establishing safety rescue operations", and "providing facilities for people with special needs". The first could cover such activities as grants for radio equipment and/or courses in schools, youth organizations, or homes for the elderly, or disabled. The second may apply to investment in equipment for Amateur Radio Emergency Service groups, who support their local communities and the Canadian Red Cross with public service and disaster communications. The latter could apply to support for equipment, courses, or development of suitable devices or techniques for the handicapped or disabled.
RAC has decided to offer four categories for donor designation and grant applications:
Size of Grants
Decisions on grant size will be at the sole discretion of the RAC Directors or their designees. They may choose to disburse several smaller grants or one larger grant in the same amount depending upon their evaluation of the relative merits of the grant applications. To deal with initial limitations of disbursable income, RAC has set a minimum of $250 for a grant. That means if a year end disbursable amount in a particular grant category totals less than $250, then no grant will be disbursed that year, and, at the discretion of the RAC Board or their designees, the amount will be allowed to grow for another year, or transferred to another category. The faster the Foundation assets grow, the sooner this initial startup problem will be overcome.
Decisions on grant awards will be made on the merits of grant applications, within the limits of the RAC Foundation earnings on donations in that donation category. Under Canadian tax regulations, Foundations may disburse funds only to institutions which are themselves charitable. All disbursement cheques must be made payable to the charitable institution which the grant applicant designates on the grant application form. The cheque will be sent from Community Foundation of Ottawa to Radio Amateurs of Canada, Inc. for presentation to the grant applicant, who will then deliver the cheque to the institution. Only institutions listed by Revenue Canada as Qualified Donees are considered qualified for support by a Foundation under Canadian tax regulations. Canadian universities, community colleges, hospitals, and most seniors', youth, and community centres qualify. Before deciding on the merits of a grant application, the RAC Board or their designees will check the institution shown on the grant application to confirm that it is listed by Revenue Canada as a "Qualified Donee".
The RAC Foundation
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