Given the economic downturn, it looks as if our fundraising will fall short. My board wants me to be proactive and start letting staff go. Our services are important to the community, so we want to survive. Are staff layoffs...
In this podcast, we continue the discussion of disbursement quotas that began in Part 1 and explore such topics as how to calculate your disbursement quota, whether or not an accountant is necessary, how foundations amass large endowments, and the...
The Income Tax Act requires charities, as nontaxable entities, to spend a certain percentage of their income each year on charitable activities. In this podcast, find out more about these disbursement quotas, what happens when a charity doesn't comply with...
Is it appropriate for the board of directors to get rid of the president without coming to the members first? We held an annual general meeting to dissolve that board, and as a result the bank will not recognize the...
When audited by the Canada Revenue Agency, charities may find themselves being asked to provide third-party information. Third-parties can be as varied as the charity's donors or employees, and when the CRA requests information, a charity has little choice but...
Compliance agreements are really just agreements made by an organization to comply with the law. How does this affect charities? Typically, compliance agreements occur between charities and the Canada Revenue Agency (CRA), often following an infraction. Find out exactly what...
The written policies of my organization allow staff to take up to three months paid sick leave. I have requested one day off each week for ten weeks to attend a rehabilitation program that was suggested to me by my...
The Lion Emblem shows a two-headed lion, which symbolizes the activities of the Lions throughout the world; one is looking in the direction of all past achievements, while the other is looking at all future endeavors (West Mifflin Lions Club...
Funding is tight, targets are hard to meet, and clients are demanding more from you. Emotions and stress are running high. You meet as a team to find a solution and, if you are like many, you might make the...
Paulette Vinette, CAE and Jack Shand, CAE collaborated on an original research project in 2008 to identify what board members want from their not-for-profit organizations. This article summarizes their findings, which were presented at the Canadian Society of Association Executives...
