06-10-2025, 06:56 PM
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#1376
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First Line Centre
Join Date: Aug 2016
Location: Calgary
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Originally Posted by GhostCookie
The fun part of things like this is that it allows the light to shine other places as well. I have seen a number of people discussing the Oilers 50/50 as being less than reputable and it turns out that its just another way to funnel money to the greasers
https://www.charityintelligence.ca/c...ity-foundation
E truly does = NG, a universal constant from the big bang to the heat death of the universe.
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Apparently it's been well-known in Edmonton for a while and it's even worse than the charity intelligence report. From a reddit thread yesterday talking about Colby Cave...
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They only give a maximum of $150k to the charity/cause/fundraiser for the 50/50. The rest goes to the OCF (see: millions of dollars a game), and is then used to fund players expenses, pay board members, and pay the mascot.
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You can search all registered charities through CRA. They have their financials disclosed. It’s crazy what they are doing.
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For June 2024, $104,943,769 non tax receipted income (only $471k receipted); $28,351,379 expensed on licenses, memberships and dues, $54,070,921 on “other expenditures”. There was $86,536,009 in total expenditures. Of that, only $1,716,715 was on charitable activities; $83,497,321 was spent on fundraising. I don’t know how CRA allows these to operate.
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Just another reason to despise that garbage franchise.
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