Management

Since June 2022, Canadian registered charities can make grants to organizations that are not qualified donees, such as overseas partners, as long as the grant furthers the charity’s purposes and the charity meets CRA accountability requirements: due diligence before granting, a written agreement, monitoring, and records showing how the money was used. Charities can still use the older intermediary model based on direction and control.

Strategic advisory services are critical for nonprofits that aim to make a significant impact with limited resources. These services guide organizations in aligning their strategies, resources, and mission, ensuring efficient operations. For nonprofits where community needs are diverse, strategic advice becomes even more crucial. The ability to make insightful decisions can mean the difference between…

Enhance your understanding of non-profit financial statements with our guide for board members. Ensure effective oversight with expert assistance. Book a call today. Introduction Board members play a crucial role in overseeing non-profit financial health. This guide will help you understand key financial statements and enhance your oversight capabilities. Balance Sheet Insights The balance sheet…