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.”…

What The Numbers Say: What T3010 Data Tell Us About Charity Financing

Introduction From 2005 to 2009, Canada’s roughly 85,000 charities reported that their collective revenues increased by roughly one quarter, equivalent to an annual growth rate of over 4%. Given this high rate of growth and the economic turbulence of the last few years, it is timely to look more closely at how charities are financed….

The Changing Face Of Financial Sustainability In The Nonprofit Sector

Financial sustainability does matter. Funding for nonprofit organizations in Canada has reached a critical stage. Large numbers of organizations are constrained, and some are severely threatened by inconsistent and inadequate financing. The causes of this insecurity are many and varied, but the results are potentially changing the face of civil society right across the country….

Achieving Financial Sustainability In Today’s Changed World

This morning, a new generation of Community leaders awoke to a fundamentally new reality than that of the generation that came before them. Our climate is changing. Our economy is in the midst of a fundamental transition. The roles of government, civil society, and the private sector are in a state of flux, as are…

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…

Re: Point / Counterpoint On Social Enterprise Missed The Point

I am writing in response to The Philanthropist’s Point/Counterpoint entitled “Social Enterprise Is a Nice Idea, But It Is Not a Panacea that Justifies Rewriting Charity Law” (Vol 23, No 2, 2010). After reading the polite exchange between Bob Wyatt and Don Bourgeois, I was left feeling that both authors somehow missed the fundamental point of…