• Standard D2 Explained

    Why do HR management policies need to be made accessible to all employees? In order for HR management policies to be implemented effectively, they must be thoroughly understood by all staff. Ideally, the behaviours and actions outlined in your HR management policies become part of your organization...

  • Standard C5 Explained

    What is a gift-in-kind? A gift-in-kind is a gift of any property excluding cash. Gifts-in-kind could include gifts of real property (land or buildings), personal use property (an item used in a personal rather than a business context, for example clothing), intangible property (investments), or...

  • Standard B7 Explained

    What are fundraising activities? The CRA defines fundraising as “any activity that includes a solicitation of present or future donations of cash or gifts in kind, whether the solicitation is explicit or implied.”1 Why do nonprofit and charitable organizations need to ensure that their fundraising...

  • Standard A11 Explained

    What are codes of ethics / conduct and why are they important? Codes of ethics or codes of conduct present the ethical principles that guide behaviour and decision-making within an organization. The purpose of the policy is to provide staff, volunteers and other interested persons with guidelines...

  • Donations received as a result of an obligation or inducement

    Charities cannot issue tax receipts for donations when: the donor was required to make the donation (for example, as the result of a court order) or the donor was induced in any way to make a donation that he or she otherwise would not have made. In these cases, the donation is not...

  • Standard D3 Explained

    Why is it important to review HR management policies once every two years for Level 1 and 2 organizations and annually for Level 3 organizations? HR management policies stipulate how employees are expected to work and act as part of your organization.1 Reviewing these policies regularly and...

  • Standard C6 Explained

    Why is it essential that all fundraising activities conducted by or on behalf of charitable or nonprofit organizations: a. be truthful – The Association of Fundraising Professionals’ Donor Bill of Rights states that any donor to a charitable or nonprofit organization has the right to “ask...

  • Standard B8 Explained

    Definition: Investable Assets1Sums of money owned by the organization that are available for investing for terms likely extending beyond one year. Definition: Investment Policy1A policy that provides guidelines on where and how investable assets can be invested.  The investment policy usually...

  • Standard A12 Explained

    What is a conflict of interest? Real or perceived conflicts of interest can occur when the personal interests of board members, staff, or volunteers are in conflict with the interests of the nonprofit or charitable organization with which he or she is affiliated. For the board, conflicts of...

  • Donations of services

    Contributions of services (for example, time, labour, skills) are not transfers of property and therefore are not gifts. No tax receipt may be issued for the contribution of services. See 'Gifts of Services' (CRA, 2011) However, if the charity pays for the services provided, the service provider...

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