Shareholder-Designated Charitable Contributions: A Practical Response to Critics of Corporate Charitable Contributions

In the summer of 1989, a provocative article appeared in the Globe and Mail entitled “Three Good Reasons Why Firms Shouldn’t Support Good Causes”.1 In that piece, Terence Corcoran of the Report on Business concluded that corporations should not donate to charity. This article provoked angry reactions in Canada’s charitable community and gave rise to…

From the Editor

This issue provides information that should be of interest to all readers of The Philanthropist—charities, foundations, and corporate donors as well as their legal and financial advisors. Jim Phillips, a welcome addition to our Editorial Board from the Faculty of Law at the University of Toronto, tracks the convoluted and ultimately unsatisfactory law that governs…