Viewpoint: Building Capacity in the Voluntary Section

Viewpoint expresses the particular view of contributors and does not necessarily reflect the views ofThe Philanthropist Readers are invited to respond to articles in this section. If appropriate, their views will be published. At a time when most consumers of financial services are becoming more sophisticated, most voluntary organizations remain woefully uninformed and inefficient in…

Keeping a Charity Functioning: Some Accounting Guidance for Non- Profit Organizations

Introduction This article is based on a presentation to the Canadian Bar Association-Ontario Branch on September 27, 1983. It reviews briefly: • mandatory filing requirements • risks associated with charities • internal controls to minimize the risk of misused funds • budgeting and administrative procedures. Through this review some of the major factors that directors,…

Financial Reporting for Non-Profit Organizations: An Update

CICA Research Study The Canadian Institute of Chartered Accountants’ research study Financial Reporting for Non-Profit Organizations was published in 1980 and discussed in The Philanthropist Vol. 3, Summer 1981 (Accounting for Non-Profit Organi­zations-as it is now and may be in the future-The Director’s Concerns). While the research study has been positively received and widely accepted,…

Trusteeship and the Charitable Corporation

Introduction Charity in Canada is an uncharted resource. Each of us is conscious of its existence. None of us can describe its dimensions. It continually changes its boundaries and dimensions as people respond to perceived needs in our society. The response may come as a program undertaken by a business, as a new activity of…

Deferred Giving Through Life Insurance

During this past decade most philanthropic organizations have suffered a decline in real giving because of the insidious effects of inflation. The dollar value of annual receipts from current giving may be up but in many cases these donations produced fewer”goods and services” in 1983 than were produced by the donations received in 1973. Charitable…

Liability Insurance for Charitable Organizations

The following, in point form, is a brief overview of the areas which must be considered when you are arranging an insurance program for your organization. It can also be used to check the adequacy of your existing program. It is, however, merely an outline and you should consult your broker to make sure that…

How and What Canadians Contribute to Charity

Preface In 1975 Professor Samuel A. Martin of the Business School of the University of Western Ontario published his landmark volume, Financing Humanistic Service, an in-depth analysis of previously unassembled data relating to philanthropy in Canada. Professor Martin’s work was, and remains, an invaluable reference for all those in both the public and private sectors…

Public and Private Philanthropy in the Eighties

Introduction Patterns of funding social services have altered drastically during this century. In the early decades, government provided a rudimentary level of care for the indigent elderly, for orphaned children and for the destitute. The provision of other services was deemed to be the responsibility of the voluntary sector. “Social services” included both social assistance…

New Tax Proposals for Charities

In the following pages we reproduce a press release from the Department of Finance announcing the intention of the Minister of Finance to introduce new rules regarding the tax treatment of charities, which will be effective for taxation years commencing after 1983. Although the legislative and regulatory proposals are not yet available, it is evident…

Recent Tax Developments

Discussion Paper Proposals In response to criticism by registered charities of its Discussion Paper of May 17, 19831 proposals, the federal Department of Finance asked The Canadian Centre for Philanthropy to form a committee consisting of representatives from all major sectors of the charitable field to meet with officials of the Department so that it…