Interesting the Suzuki Foundation is a charity, yet he walked down the road, obviously supporting Dalton in the provincial election.
According to Revenue Canada rules,
this is a huge violation of their laws.
6.1 What are prohibited activities?
A charity may not take part in an illegal activity or a partisan political activity. A partisan political activity is one that involves direct or indirect support of, or opposition to, any political party or candidate for public office.
When a political party or candidate for public office supports a policy that is also supported by a charity, the charity is not prevented from promoting this policy. However, a charity in this situation must not directly or indirectly support the political party or candidate for public office. This means that a charity may make the public aware of its position on an issue provided:
it does not explicitly connect its views to any political party or candidate for public office;
Well, Suzuki publicly supported Dalton in the last election, this is in clear violation of the Act.
Thanks for the video Just Right!
Another funny thing is that balance sheets are supposed to be balanced, but from the information on the government site, that is not the case. |
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Assets: |
Cash, bank accounts, and short-term investments | 4100 | $ 1,007,665 |
Amounts receivable from non-arm's length parties | 4110 | $ 600,494 |
Amounts receivable from all others | 4120 |
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Investments in non-arm's length parties | 4130 |
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Long-term investments | 4140 | $ 7,398,963 |
Inventories | 4150 |
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Land and buildings in Canada | 4155 |
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Other capital assets in Canada | 4160 | $ 2,455,012 |
Capital assets outside Canada | 4165 |
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Accumulated amortization of capital assets | 4166 | $ -940,512 |
Other assets | 4170 | $ 299,516 |
Total assets (add lines 4100 to 4170) | 4200 | $ 10,821,138 |
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Amount included in lines 4150, 4155, 4160, 4165 and 4170 not used in charitable programs | 4250 |
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Liabilities: |
Accounts payable and accrued liabilities | 4300 | $ 431,820 |
Deferred revenue | 4310 | $ 1,446,197 |
Amounts owing to non-arm's length parties | 4320 |
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Other liabilities | 4330 | $ 536,483 |
Total liabilities (add lines 4300 to 4330) | 4350 | $ 2,414,500 |
Can any accountants explain this to me? Or does it mean that the missing 8,000,000 is in owner's equity, or maybe check Suzuki's pocket. |
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From the same resource, I find this interesting: |
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C4 | Did the charity carry on, fund, or provide any resources through employees, volunteers, agents, joint ventures, contractors, or any other individuals, intermediaries, entities, or means (other than qualified donees) for any activity/program/project outside Canada? | 2100 | No |
If yes, you must complete and attach Schedule 2, Activities Outside Canada, to your return. |
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Well this seems to be that someone connected to the Suzuki Foundation was "carrying on" "outside of Canada"... Don't watch it, I'm just using it as proof that Suzuki was carrying on outside of Canada, yet their return to Revenue Canada said that NO we didn't do any protesting outside of Canada. |
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Revenue Canada needs to stop all these environmental groups from getting charitable status, they are powerful lobby groups, not charities. What has the Suzuki Foundation ever done to stop real pollution? Are they out planting trees? Nope, the dopes go to Bali by plane, and dress in polar bear costumes so they can pass out in the heat. Why not hold the next conference in Yellowknife in February? Right.....HA!
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7 comments:
I think I have been hearing complaints about the Suzuki foundation's charity status since 2000. I guess no one has either challenged his charity status or complained to the proper bureaucrats?
This posting is a classic example of "better to remain silent and thought a fool than to open one's mouth and remove all doubt!"
As an accountant (with an actual degree thingy)I can tell you that Assets = Liabilities + equity. And no you silly girl, there is no "missing" $8million. You really shouldn't be trying to analyize things that are above your grade level.
I didn't know you needed a degree to work at H & R Block. (And to be so smug about it).
Are you still charging conservatives more for your services than your other clients, SQ?
why would I work at H&R, silly man...
Suzuki Foundation is the charity, the good Doctor is the Fruitfly and claims that he has "no connection" with the charity other than in name only thus is able to support the McLiar. Revenue Canada thus has the Assets = Liabilities + Equity problem!
Remember SQ ... debits are closest to the window!!
Credits are by the door
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