Jump to content

Question for board on Charities


Uccmal

Recommended Posts

Frequently when I shop at certain places they ask at the cash register if I would like to donate money to some cause (ie. sick kids, reading programs, etc).  I find this practice really annoying, but that is just the sidebar. 

 

I emailed Investor relations at Chapters/Indigo and Shoppers Drug Mart and asked how this money is accounted for by the corporation.  I got no reply.

 

Anyway, can anyone on the board answer this.

 

What happens to money that people donate at the cash register for these "foundations"?

 

Specifically, does the corporation use it as a tax right-off that is financed by the stupid and unwary?

 

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...