Following these 15 tips can help you save money and prepare for future funder and donor cutbacks.
Understanding how the Goods and Services Tax (GST) works is important to all Canadians. In this podcast, find out exactly what the GST is and how it works, whether it is similar to PST in some provinces, as well as how to register for a GST number and how to get a GST tax return.
The volunteer policies in place should dictate what to do when volunteers incur expenses.
This article provides you with a decision-making framework that will help you to assess the impact of the growing recession on your organization.
Nonprofit organizations are coming to terms with the impact the economic recession is having on their financial sustainability. Now is precisely the time to reflect, reinvent and innovate.
Times are tough. Money is tight, cutbacks are on the rise, and employment is on the decline. How does a manager lead an organization through these difficult waters?
With the economic downturn and tight resources, should staff reductions be considered?
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 definition of “enduring property”.
Find out more about these disbursement quotas, what happens when a charity doesn’t comply with their disbursement quota, and how long-term projects fit into the equation.
In this issue of Lessons Learned, we explore the challenges nonprofit organizations face in trying to be accountable to both funder and client, which are not always in alignment with each other.
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