MLSE Team Up Foundation 2012 player's gala

[nascarguy]

MLSE Team Up Foundation 2012 player's gala

Join the MLSE Team Up Foundation for an interactive evening with members of the Toronto Maple Leafs, Toronto Raptors, Toronto Marlies and Toronto FC. Fans and supporters will have the opportunity to get up close and personal with over 80 of Toronto's pro athletes in one room.

Date: March 25th, 2012

Time: 7:00pm - 11:00pm

Location: Real Sports Bar & Grill

Attire: Cocktail/Business Casual

Tickets: $275; includes all food and beverages. (Tax receipt included for the maximum amount allowable under CRA regulations)

https://secure.e2rm.com/registrant/T...rs%2fview.html

[ensco]

Used to enjoy these events. Stopped going once this Team Up foundation took over. The tax authorities need to take a close look at the underlying merit/motivation of these corporate charities.

[nascarguy]

MLSE Team Up Foundation is give 4 charities 50,000 each in march right do before the do there taxes.

[ensco]

Here is the problem (reprinted from an earlier thread on this):

As far as I know, the people involved in the MLSE charities are all honourable. But there are serious issues around corporate backed charities.

One is the issue of reciprocal or collateral benefits. The corporate backer can direct donations to charities as part of their overall relationships with decision makers at customers (or suppliers). It's often part of how business deals get deal. This goes on all the time. But the question is, do funds "redistributed" this way really go to their highest and best use, from the POV of the original donor?

The second problem, which occurs less often, and is certainly harder to prove, is that employees of the charitable foundation can spend time effectively working for the corporate backer. This is where the question of administrative expense gets really squishy. Donors who think their money is going to cause X, can really just be subsidizing the operating business of the corporate backer.

To repeat, I'm not saying that these occur in the MLSE foundation.

But I do think it's bad public policy to allow entities such as these to operate as they currently do within the existing rules.

Have a look at this for other, specific criticisms of Team Up
http://www.thestar.com/news/investig...charities?bn=1