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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...
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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...
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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...
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Why is it important to review HR management policies once every three years? HR management policies stipulate how employees are expected to work and act as part of your organization.1 Reviewing these policies regularly and revising them if necessary ensures that your organization’s policies...
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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...
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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...
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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 they are affiliated. For the board, conflicts of interest...
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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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Definition: Compensation Policy1A compensation policy documents the organization’s philosophy and direction with regard to rewarding its employees.
Why is it essential to have a compensation structure that fairly evaluates and compensates the value of each position? Your organization’s...
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Why is it essential for organizations not to make claims that cannot be upheld or that are misleading? To develop a robust donor base, an organization must represent its activities truthfully. Making claims that cannot be upheld or that are misleading is unethical and can damage an organization’s...
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