Is it ethical for a company to make a profit from a relationship with a charity? It absolutely is - unless the company tries to count the same support as philanthropy. If a company wants a tax receipt, it must...
When David Jenkins started his nonprofit venture, Montrealite, in 2002, he thought he had it all figured out. With a social mission of employing and training at-risk youth, the company hired troubled kids to sell t-shirts creatively embossed with symbols...
Our treasurer has directed us to include client names, contact information, and reason for intervention on our weekly activity reports. These reports go to the finance department and are seen by the bookkeeper, accountant, and finance committee. She said the...
Is it okay for family members to work or volunteer in the same organization? Recruiting our family members as volunteers has been part of nonprofit life from the start. They are often a wonderful source of time and expertise, willing...
Thirty-four years ago a government worried about recessions and revenue streams saddled the Canadian public with a new tax. Charities, community organizations, and individuals have been paying ever since. The Canadian Capital Gains Tax came into existence in 1971 with...
Understanding the nonprofit insurance situation is a bit like trying to decide if the glass is half full or half empty. A February 2004 CharityVillage cover story documented the issues of rising premiums and coverage limitations for many nonprofit agencies....
All of life is the management of risk, not its elimination - Frederick Wilcox. For the past three months, we've offered CharityVillage visitors tips and tools for managing risks inherent in not-for-profit organizations. In the first article, we defined risk...
Board governance is a hot topic. The recurring spectacular organizational collapses of the last few years (read: Enron) have prompted more stringent securities regulations and closer scrutiny of individual directors in the corporate world. As private sector companies scramble to...
This article is the third in a four-part series offering risk management approaches to not-for-profit organization leaders and volunteers. In the first article we focused on what risk management is and offered examples of fiscal risk prevention and mitigation strategies....
I recently joined an agency where staff are overloaded, and people who approach us for services are told there will be a four-month wait for a first appointment. But some people have been on the waiting list for over a...
