What’s The Law: The New Not-for-Profit Corporations Acts

The increased focus on governance in the corporate world has resulted in new regulations in the nonprofit sector. One of the major changes is occurring in the area of corporate law. Federally, the Canada Not-for-profit Corporations Act1 (CNCA) was proclaimed in force on October 17, 2011, and will replace Part II of the Canada Corporations…

Risk Issues And Social Enterprise In Canada

Foreword SiG@MaRS, the Social Innovation Generation program at the MaRS Discovery District in Toronto, provides services to social entrepreneurs who come to MaRS to get help with their social enterprise or social purpose business. Regardless of the stage of development, the issue of incorporation comes up: “Should I incorporate as for-profit, not-for-profit, or a charity?”…

Point / Counterpoint: Resolved: The Demands For Accountability By Charities Have Reached Extreme And Unrealistic Levels

Point: Bob Wyatt Just before Christmas, another self-proclaimed watchdog declared that too many charities are spending too much money on administration instead of on their missions. This led to the usual media furor and comments on media websites alleging that all charities are scams, and “I’m not going to give my money to any of them.”…

National Summit Report

This article provides a summary of the report (Gauthier, Hamilton, Mackenzie, & Faul, 2012) of the National Summit for the Charitable and Nonprofit Sector held in Ottawa November 28-30, 2011. The product of multiple authors and contributors, the report discusses five key Summit outcomes and identifies the path forward for each of the four Priorities…

Letter From The Guest Editor

We have been talking about accountability of charitable and nonprofit organizations for as long as I have been working in this sector, which is going on some 22 years now. The issue has hardly gone away. If anything, it looms larger and presents more urgency, as there seems to be a growing perception among the public,…

Nonprofit Risk Management

Nonprofit organizations face unique risk management challenges. They are often held to the same standards as for-profit organizations but do not have the same resources and knowledge to understand their risks and how to mitigate them. Legal and financial requirements may determine some of the risks your organization faces. For example, you must be compliant…

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