2. Bill C-470 amends the Income Tax Act to revoke the registration of a charitable organization, public foundation or private foundation if the annual compensation it pays to any single executive or employee exceeds $250,000 http://weblogs.cltv.com/news/local/chicago/Money%2520stacks.jpg&imgrefurl

3. Bill C-470 drafted by Liberal Albina Guarnieri second reading in house of Commons April 21 2010 280 members of parliament voted for the bill and only 3 against www.albinaguarnieri.com/images/top2.jpg&imgrefurl

5. “Seven thousand years is how long it would take for a typical $30-a-month donor to the Sick Kids Foundation just to pay the salary and severance of its CEO” Albina Guarnieri

7. A cap does not exist in other sectors T3010 already requires Canadian charities to disclose top ten highest paid employees High salaries needed to attract top fundraising talent Important for hospitals, universities and researchers http://selfishgiving.com/secure/wp-content/uploads/2010/02/Hospital-entrance-sign.jpg&imgrefurl

8. 1800

9. 2009 Annual Filings with CRA $350,000 +  The Hospital for Sick Children, Toronto  St. Michael's Hospital Foundation, Toronto  York University Foundation $300,000 to $350,000  Plan International Canada  Heart & Stroke Foundation of Ontario  YMCA of Greater Toronto $200,000 to $250,000  Canadian Cancer Society, Ontario Division  Heart & Stroke Foundation of Canada  World Wildlife Fund Canada  Salvation Army Territorial Headquarters http://v1.theglobeandmail.com/servlet/story/RTGAM.20100414.escenic_1533823/BNStory/National/>.

10. What can you do? Stay Informed! Research charities at: http://www.cra-arc.gc.ca/chrts- gvng/lstngs/menu-eng.html Research government in relation to fundraising and the not-for-profit sector Vote! Monday, October 25 Contact MP and Senator!

11. Sources Association of Fundraising Professionals. "Association of Fundraising Professionals - Greater Toronto Chapter: News and Announcements." Association of Fundraising Professionals - Greater Toronto Chapter: Home Page. 20 Aug. 2010. Web. 16 Oct. 2010.. Imagine Canada. "Bill C-470 Twelve Frequently Asked Questions." Imagine Canada. 14 May 2010. Web. 10 Oct. 2010.. Levy-Ajzenkopf, Andy. "Bill C-470: Transparency, Salary Capping or Knee-capping for the Charitable Sector?" Charity Village. 19 Apr. 2010. Web. 16 Oct. 2010.. Mlumberg, Mark. "Letter from Imagine Canada on Bill C-470, Private Member’s Bill on Salary Cap - Blog - Global Philanthropy." Canadian Charity Law, International Development from Canada, Foreign Charities in Canada - Global Philanthropy. 09 Apr. 2010. Web. 16 Oct. 2010.. Openparliament.ca. "Bill C-470 Openparliament.ca." Keeping Tabs on Canada’s Parliament |Openparliament.ca. Mar. 2010. Web. 16 Oct. 2010.. Waldie, Paul. “Six Figure Salaries the Norm at Top Charities.” Globe and Mail. 14 Apr. 2010. Web. 16 Oct. 2010..