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  • What is a public fund?

    Public funds for DGR purposes fall under two types:

    • funds established and controlled by government or government authorities
    • funds to which the public is invited to contribute and in fact does contribute.

    A public fund may be established as a separate entity, for example under an instrument of trust, or as part of a sponsoring organisation.

    There are special requirements applying to some public funds.

    See also:

    Which DGRs must be public funds?

    Various DGR categories require organisations to establish a public fund to receive tax deductible gifts and contributions to be applied for the purposes described in the DGR category.

    Examples are:

    • school building funds
    • overseas aid funds
    • necessitous circumstances funds
    • scholarship funds
    • war memorial repair funds
    • fire and emergency services funds.

    See also:

      Last modified: 12 Oct 2016QC 26411