Foundations
Accounting for private and public foundations
Private and public foundations regulated as registered charities by the CRA, with grant-making, investment, disbursement-quota, and contribution-accounting responsibilities.
The pain points we hear
- Disbursement quota compliance with multi-year endowments
- Distinguishing gifts to qualified donees, qualifying grants to grantee organizations, and intermediary arrangements
- Endowment fund accounting under restricted-fund method
- Investment income classification across funds
- Grant agreement tracking and conditional grant accounting
How we help
- Endowment and restricted fund accounting under ASNPO
- Records matched to the applicable gift, qualifying-grant, or own-activities arrangement
- Disbursement quota modeling with investment-return scenarios
- Grant agreement tracking, conditional grant accounting
- Board and investment committee reporting
Ready to talk about your organization?
Discovery calls are 30 minutes, no obligation. We'll walk through your books, your reporting needs, and what good would look like.
Frequently Asked Questions
Sources
- CRA — Annual spending requirement (disbursement quota) — Canada Revenue Agency
- Income Tax Act, section 149.1 — Justice Laws Website
- CPA Canada — Accounting standards for not-for-profit organizations — CPA Canada
Sources reviewed: July 10, 2026
General information only. This page is not legal, tax, assurance, or professional advice for any specific organization. Confirm decisions with the CRA, your CPA, and legal counsel for your facts.
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