Real Estate is an acceptable asset to be owned by Canadian Charities and Foundations. Real Estate’s unique features and attributes, however, must be given due attention when a Charity or Foundation owns it or transacts in it. This report provides a concise overview of these issues and presents a statistical analysis on the prevalence of this asset in the charitable sector.
We begin by presenting the advantages and dis-advantages to a Charity of owning Real Estate or transacting in it. We also present several issues to be considered by a donor and a Charity when making or receiving a gift of land or property.
Fundraising is often a part of the acquisition or development of real estate for Charities. We present the issues to be considered by a Charity when embarking on a Capital Campaign for this purpose.
In short, if you are considering donating to a charity that holds or is contemplating the ownership of real estate, or you are involved in the management of an organization that owns or is considering the ownership of real estate, this report will serve as your guide.
We provide analytical insights through the following studies:
o The number and proportion of Charities which report owning Real Estate (2016 to 2020).
o The Total Value of Real Estate holdings held by Charities and growth in that asset class from 2016 to 2020.
o The Total Value of Real Estate holdings relative to Total Assets of those Charities and Foundations that report such holdings.
o The number and percentage of Charities which report earning Income from Land and Buildings.
o The Gross Rental Income from Land and Buildings reported by Charites for each of the five years from 2016 to 2020.
o The Total Rental Income from Land and Buildings as a proportion of Total Revenue for those organizations that report earning such income.
o For those Charities which report earning Income from Rental of Land and Buildings, the percentage of this revenue source relative to their Total Donations.
o A breakdown of Real Estate owned by Charities by Category of Charity.
o A breakdown of Rental Income from Land and Buildings by Category of Charity.
o A breakdown of Real Estate owned by Charities by Province.
o For those Charities which report owning Real Estate, the percentage of their Total Assets held in Real Estate for each of the five years from 2016 to 2020.
o For those Charities which report earning Income from Rental of Land and Buildings, the percentage of their Total Revenues which come from this revenue source.
o A listing of the Top 10 Large Charities and Top 20 Small Charities holding Real Estate.
You can read the Executive Summary and order the full report HERE.
Our research reports are available monthly. You can sign up for a one-year (12 issue) subscription HERE. You can also offer friends, family, and business associates gift certificates so that they can receive the monthly research report. Simply visit our online SHOP for more information.