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?”…

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…

Rethinking Volunteerism—should It be a priority?

Peter O’Donnell, president of Healthy Futures Group, recently asked, “Do today’s nonprofits really want volunteers/an engaged community?” (O’Donnell, 2011, para. 1). For a number of years, I have been asking the same question, but not so succinctly or so directly. Like O’Donnell, I believe it to be a truly important question. He goes on to…

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…

Context Setting Article For The Philanthropist: Tides Canada Initiatives/Novita Interpares

Uncommon Solutions For The Common Good “We are in challenging times for nonprofits… We need the organizational structures that will allow everyone to be more efficient and smarter with the money that is available. Fiscal sponsorship [Charitable Venture Organization] is one of these.” – Kathleen Enright, Grantmakers for Effective Organizations Every nonprofit and charitable organization,…

Tides Canada Initiatives Society: Charitable Venture Organizations: A New Infrastructure Model For Canadian Registered Charities

Introduction In 2008, the Tides Canada Initiatives Society (tci) began a project to consider a mod—el support structure for charitable activities that is variously and perhaps erroneously termed “fiscal sponsorship,” a support or “umbrella” organization, or a “facilitator” organization. None of these terms adequately describes the multi-faceted structures that currently exist in Canada in support…