Saturday, 4 May 2024, 8:37 PM
Site: RRU Open Educational Resources
Course: Give Green Canada (Give Green Canada)
Glossary: Here is a Helpful Glossary of Gift Planning
1

10 Year Rule (pre-2010 new budget)

Pre 2010 new federal budget: A charity will not be subject to the 80% disbursement rule if the donor directs in writing that the donated property, or property substituted for it, be held for a period of at least 10 years.