Recipients of grants must be qualified donees under the Income Tax Act, essentially, registered charities or municipalities or government.
Must have a charitable registration number (ie. 123456789RR0001)
123456789 – nine digit business number
RR – identifies the type of account as a registered charity
0001 – program reference number
Grants will only be provided to organizations who support the communities within the District of Timiskaming
Funding must be used within one year of acceptance otherwise funds will be revoked and applicant must reapply for funding.
If a potential donee (i.e. community project) is not a registered charity, the Foundation may make a grant to a sponsor which is a registered charity or qualified donee provided:
The sponsor must have direct affiliation with the organization.
The sponsor must undertake financial and legal responsibility for the project.
For example, educational prizes or bursaries would be paid through the respective school in which the recipient is enrolled