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Finance committee Thank you. Good morning. My name is Greg Thomson. I am the director of research for Charity Intelligence. Charity Intelligence is itself a charity, one that analyzes Canadian charities to help donors be informed and give intelligently. Our website hosts free reports on more tha
August 6th, 2020Committee meeting
Greg Thomson
Finance committee WE Charity had a four-star rating, until we analyzed what is called its “demonstrated impact”. Demonstrated impact takes a look at the charity programs and looks for data showing that the charity has actually made a difference in the lives of the folks it's working with. When we
August 6th, 2020Committee meeting
Greg Thomson
Finance committee We would love for every government agency to go to our website and take a look at any charity that they are interested in looking at. Certainly it would be very easy.
August 6th, 2020Committee meeting
Greg Thomson
Finance committee We would not want to impute any motive on why they would do that. We've seen them do that before, but....
August 6th, 2020Committee meeting
Greg Thomson
Finance committee No, but per Kate's point, we would hope that the CRA is not used to go after charities. Nonetheless, the CRA's charity directorate does need to be there to make sure that charities are following the guidelines and are doing what they're supposed to be doing.
August 6th, 2020Committee meeting
Greg Thomson
Finance committee We talk to charities continually and ask them for their feedback. We get their response to what we post publicly and we discuss any issues that we have with our work. We believe that we're being as accountable as we possibly can.
August 6th, 2020Committee meeting
Greg Thomson
Finance committee Yes. First, I would say that the due diligence should have started with WE Charity Foundation. The fact that the contract wasn't made with WE Charity, but with an organization with no employees and no assets, should certainly have raised a lot of questions and discussion, first
August 6th, 2020Committee meeting
Greg Thomson
Finance committee I believe it was $13.7 million in debt.
August 6th, 2020Committee meeting
Greg Thomson
Finance committee It was started at the very beginning of 2019.
August 6th, 2020Committee meeting
Greg Thomson
Finance committee We've not felt specific pressure. We have received a letter from WE based on comments that we've made publicly, but we did not take that to be legal pressure.
August 6th, 2020Committee meeting
Greg Thomson
Finance committee That's correct.
August 6th, 2020Committee meeting
Greg Thomson
Finance committee I was going to say the same thing. I don't think there's anything inaccurate about their financial statements; we cannot point to that. As Kate said, they've disclosed what they need to disclose; however, it does leave us with questions that...would provide greater clarity and gr
August 6th, 2020Committee meeting
Greg Thomson
Finance committee When Marc and Craig said that there was no financial [Technical difficulty—Editor].
August 6th, 2020Committee meeting
Greg Thomson
Finance committee We use measures that are as objective as possible. We want to remove as much subjectivity from our analysis as possible. We have shared data. We've discussed metrics with MoneySense and MoneyWise, and other other folks here who have put together top 100 lists. We know their list
August 6th, 2020Committee meeting
Greg Thomson
Finance committee We value every program of every charity that we assess. We take a look at all of the demonstrated results a charity has. We take a look at every change that the charity claims to have made, and we value each, and determine for every dollar that is donated to a charity, the dollar
August 6th, 2020Committee meeting
Greg Thomson