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Inside Internal Controls

News and discussion on implementing risk management

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not-for-profit governance

Ontario government releases plan to help not-for-profit organizations

Over eight months in 2010, the Ontario government consulted with not-for-profit organizations and their representatives on ways that the government could better support the NFP sector. “Participants advised on legislation, policies, structural issues and funding mechanisms. They also contributed ideas on how to better coordinate policy, research and communication with and for the sector.”

 

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Canadian charity law checklist features compliance issues

Charity and non-profit lawyer Mark Blumberg offers a compliance checklist for Canadian charities via the GlobalPhilanthropy.ca charity assistance project.

 

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Voluntary disclosure and non-profit organizations

If you operate an incorporated not-for-profit organization, you must file a tax return every year, unless your org is a registered charity. If you fail to file a return, you could be on the hook for a big past tax judgment.

 

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Ontario Not-for-Profit Corporations Act

Ontario’s legislature wasted no time following the passage of the Canada Not-for-profit Corporations Act to enact its own Act to revise the law in respect of not-for-profit corporations (Bill 65). The Bill received royal assent on October 25, but the government hasn’t set a date for it to come into force yet.

 

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Canada’s Not-for-profit Corporations Act is finally here

The federal government has passed the Canada Not-for-profit Corporations Act. While the Act won’t come into force for some time yet, what does it mean for you?

 

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