This episode provides a thorough outline of how Canadian charities can safeguard their assets against various legal and financial threats.

The discussion emphasizes the importance of comprehensive asset management, including meticulous financial record-keeping and strategic insurance coverage.

Protecting organizational identity through trademark registration and carefully managing facility usage are also highlighted as key strategies.

Continuous improvement and good governance are essential for long-term sustainability and maintaining donor trust.

This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.

https://www.charitylawgroup.ca/
P: 416-488-5888

https://www.charityaccountingfirm.ca/
P: 289-301-8883

This episode clarifies the Canada Revenue Agency's (CRA) criteria, which involves common law and the Income Tax Act.

The CRA focuses on whether the organization's belief system qualifies as a religion and whether its purposes and activities advance that religion. Requirements include belief in a Supreme Being, worship, and a comprehensive system of faith.

To "advance" religion means to promote belief through activities materially connected to religious teachings.

This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.

https://www.charitylawgroup.ca/
P: 416-488-5888

https://www.charityaccountingfirm.ca/
P: 289-301-8883

This episode provides guidance on accurately filing a Canadian charity's T3010 tax return, emphasizing the importance of meeting deadlines, providing complete information, and correctly reporting activities.

It highlights potential pitfalls such as inaccurate financial reporting and improper descriptions of charitable activities.

This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.

https://www.charitylawgroup.ca/
P: 416-488-5888

https://www.charityaccountingfirm.ca/
P: 289-301-8883

This episode emphasizes the importance of a well-designed and legally compliant website for Canadian charities. The episode highlights crucial aspects like transparently conveying the charity's mission and activities, ensuring legal compliance in online fundraising, and avoiding conflicts of interest. It stresses the need for accurate financial reporting and discourages the promotion of unrelated commercial interests. Finally, the episode advocates for user-friendly website design to enhance the charity's online presence and attract support.

This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.

https://www.charitylawgroup.ca/
P: 416-488-5888

https://www.charityaccountingfirm.ca/
P: 289-301-8883

This episode outlines the post-incorporation responsibilities for Canadian not-for-profit organizations. Key obligations include holding an initial directors' meeting, registering extra-provincially if federally incorporated, filing annual returns, updating registration upon changes in directors or address, maintaining accurate financial statements, and potentially registering with the CRA as a charity. The text emphasizes the importance of compliance with all relevant laws and regulations, suggesting seeking professional legal and accounting advice.

This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.

https://www.charitylawgroup.ca/
P: 416-488-5888

https://www.charityaccountingfirm.ca/
P: 289-301-8883

This episode discusses the advantages and disadvantages of incorporating a nonprofit organization (NPO) in Canada. Key benefits of incorporation include liability protection for members, continuity, a formal framework for dispute resolution, and the legal capacity to enter contracts and own property. Conversely, remaining unincorporated offers more flexibility, but leaves the nonprofit vulnerable to legal risks. The overall message encourages careful consideration of the implications before making a decision.

This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.

https://www.charitylawgroup.ca/
P: 416-488-5888

https://www.charityaccountingfirm.ca/
P: 289-301-8883

The episode provides a guide for establishing a private foundation in Toronto. It outlines key considerations such as defining the foundation's mission and legal structure, selecting a jurisdiction, and securing funding.

Further topics cover endowed funds, active versus passive funding models, and effective management strategies.

This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.

https://www.charitylawgroup.ca/
P: 416-488-5888

https://www.charityaccountingfirm.ca/
P: 289-301-8883

This episode provides a guide to essential legal documents for churches in Ontario. It details the importance and preparation of Articles of Incorporation, bylaws, volunteer policies, and a statement of faith.

Furthermore, it highlights the necessity of additional policies covering finances, discipline, and facility use, along with maintaining crucial records like meeting minutes and member databases.

This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.

https://www.charitylawgroup.ca/
P: 416-488-5888

https://www.charityaccountingfirm.ca/
P: 289-301-8883