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How do you write a charitable receipt for an intangible?
ByKevinThis week the Rick Hanson foundation was reprimanded by the CRA for issuing a $1.8 million dollar charitable tax receipt to Rick Hanson for the rights to his name. They had an independent appraiser determine the worth of the rights to the name and believed they did everything above board. CRA determined that the rights…
A donor database is just the first step
ByKevinWhen staff have to search through folder upon folder of a shared drive to find the right revision of a particular spreadsheet, or dig throug stack of paper to find the right form (“and are we using the T-A version now or are we still waiting until the new year for that?”) they can’t possibly…
What is the difference between a donation and sponsorship?
ByKevinThe difference comes down to recognition. A donor may receive up to $75 in recognition, basically enough to get a listing put on a donor wall. Anything more than that and they are considered a sponsor, a d then you have to start deducting from their tax receipt. The real reason I ask this question…
Boards rule the world
ByKevinOne of the holy grail’s of non-profit organizations is the ‘Power Board’. That special group of people that can push the organization past it’s own limitations and into an entirely new space. Much has been written and said on the subject, books, blogs, conferences. and consultants. Yet the idea that an organization is stuck without…
Starting with the right Why
ByKevinI recently had the great fortune to be involved with the creation of a first of it’s kind Interpetive Centre. Speaking in very general terms, usually, when you start creating museum exhibits you dig through your collection and figure out what you want to show. You group artifacts together in some meaningful way and you…