The founding of a new charity is often a cause for celebration, but when an organization decides to close its doors for good, people aren’t as vocal about the process. Still, there are steps involved and legal requirements that must be met. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, discusses some of the reasons why charities dissolve, what is required to do so, and what to consider when facing this decision.

What happens when a charity shuts down? (MP3)

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Run time: 12:46 minutes

External Resources:

CharityTax.com – Adam Aptowitzer’s Online Office

Drache Charity Insights Newsletter

Do you have a burning question about charity law in Canada? Send it to editor@charityvillage.com. We may include it in an upcoming podcast.