How We Account: Governance Legislation In The Nonprofit Sector: What Canadians Can Learn From California’s Nonprofit Integrity Act

Governance is a hot topic in the nonprofit sector, with largely volunteer-based boards of directors struggling to fulfil their governance responsibilities, as well as serve as major fundraising resources. Indeed, board members are often recruited for their fundraising prowess, with little expectation that they will actively monitor the nonprofit organization. The fact that nonprofit organizations…

How We Account: Executive Pay: Directors Need To Keep Asking (More) Questions

The Special Report: Ornge Air Ambulance and Related Services (Office of the Auditor General of Ontario, 2012) reports that the Ministry of Health and Long-Term Care (MOHLTC) has not been obtaining the information it needs to fulfill its oversight responsibilities over Ornge’s financial undertakings and operations. Ornge, a government agency reporting to the MOHLTC, is…

How We Account: Developing A Culture Of Reporting Transparency And Accountability

 The Lessons Learned From The Voluntary Sector Reporting Awards For Excellence In Financial Reporting Transparency Information about the Voluntary Sector Awards Program and entry information can be found at http://business.queensu.ca/centres/CA-QCG/ voluntary_sector_reporting/ index.php . A professor at one of Canada’s leading universities wanted to use a set of financial statements from a not-for-profit organization in class as…

Letter From The Editor

Welcome to the fourth 2010 issue of The Philanthropist. This issue discusses public policy and how various parts of the charitable and not-for-profit sector participate in public policy making—and how it should be done. It is an area in which the sector has generally failed to have substantial and sustained influence. Before I focus on…

Calculating the Value of Volunteer Contributions for Financial Statements

LAURIE MOOK Ontario Institute for Studies in Education, University of Toronto BETTY JANE RICHMOND Faculty of Education, York University, Toronto JACK QUARTER Ontario Institute for Studies in Education, University of Toronto Evidence of Volunteer Contributions In Canada, the National Survey of Giving, Volunteering and Participating for the year 2000 estimated that there were 6.5 million…

From the Editor

In “Standing on Guard for Thee: The Role of the Office of the Public Guardian and Trustee”, Kenneth R. Goodman of the Office of the Public Guardian and Trustee Ontario (OPGT) provides a review of the current operations of the OPGT in regard to charitable matters. The OPGT’s jurisdiction originates in the Crown’s parens patriae…

Bookshelf

Reinventing Your Board By John Carver and Miriam Mayhew Carver Published by Jossey-Bass Publishers, San Francisco, 1997, 232 pp., $40.95 REVIEWED BY VICTOR MURRAY Faculty of Administrative Studies, University of Victoria The phenomenon know as John Carver’s “Policy Governance Model” for the management of nonprofit boards seems to be continuing unabated. By November 1998, the…