Pros & Cons of Charitable Status by Graham Boyce, MAS VC

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“To be a charity or not?” is a dilemma that many organisations face. Unfortunately, they often do not think through the answer sufficiently. Many just apply for charitable status without understanding what might be involved and, particularly, what the downside might be. The reality is that being a charity means, among other issues: Much stricter […]

Start your own nonprofit (Part 2)

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This week we continue our tips on starting your own nonprofit You have an idea that can help others.  Where do you start?  First, figure out how to structure your idea.  Do you want to start a nonprofit?  Or a charity?  Or a for-profit enterprise? Path #3 – incorporate as nonprofit Instead of getting angel […]

Start your own nonprofit (Part 1)

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You have an idea that can help others.  Where do you start?  First, figure out how to structure your idea.  Do you want to start a nonprofit?  Or a charity?  Or a for-profit enterprise? There are 170,000 nonprofits in Canada.  All have a goal that is something other than profit.  They do not have shareholders […]