Improving Board Performance

Introduction This article presents a nonacademic review of what it takes to create effective boards for nonprofit organizations. It identifies the main factors affecting the board’s operation which shape its impact on the organization. For each set of factors, the typical problems that can arise are noted and various approaches to handling them discussed. The…

Legal Developments

Charity and the Internet The Federal Court of Appeal’s jurisdiction over the Income Tax Act makes it the principal Canadian court that rules on the meaning of “charity”. Over the last two decades the Court has consistently held that its principal point of reference for deciding the scope of the fourth head of charity-purposes “beneficial…

From the Editor

To close this volume of The Philanthropist, we focus primarily on management issues. Vic Murray gives us the benefit of his long experience in the sector by advising how to build better boards. Bruce Levine reports on the findings of the United Way of Lower Mainland, B.C., which conducted a survey of financial management practices…

Bookshelf

Foundation Management in Canada: An Introduction for Trustees By Milton K. Wong, Leopold Amighetti, Jane Butterfield and Patti Ryan Published by M.K. Wong & Associates Limited, Vancouver, B.C. REVIEWED BY COLIN GRAHAM Vice President, Finance and Administration, Royal Conservatory of Music, Toronto Investment management is becoming increasingly complex and competitive. Foundations are not simply financiers…

Bookshelf

The Charity and Not-For-Profit Sourcebook By Arthur B. Drache Published by Carswell, Toronto, 1995 REVIEWED BY JAMES PHILLIPS Faculty of Law, University of Toronto At first glance The Charity and Not-For-Profit Sourcebook appears to be a new and very useful service to lawyers and others working in these areas; an addition to the growing number…

Viewpoint: United Way, Where Are You Leading Us?

The United Way of Greater Toronto raised over $51 million in its 1995 campaign:1 a new level of achievement. Other Canadian fund-raising campaigns may exceed the total raised but nothing approaches the United Way campaign as a successful annual event. In addition, the United Way of Greater Toronto launched a capital endowment campaign in May…

Philanthropy and Prosperity: Rebuilding Social Capital

This article was developed from a presentation to The First Annual Fundraising Congress at the Hilton Hotel, Toronto, November 16, 1995. The views expressed do not necessarily represent those of the Ontario Securities Commission, its other Commissioners, or its staff.  A requirement of my appointment to the Ontario Securities Commission, some two years ago, was…