Imagine your phone rings tomorrow.
A lawyer is calling. One of your long-time supporters has left your charity $35,000 in their Will.
No fundraising campaign. No gala. No grant application. Just one thoughtful decision made years earlier by someone who cared deeply about your mission.
What would you do with it?
On April 16, 2024, the Canadian federal budget was tabled. How does this budget affect the charitable sector?
The release of Budget 2024, saw an adjustment to previously-proposed changes on the Alternative Minimum Tax (AMT) in relation to the charitable tax credit, now allowing individuals to claim 80% of the charitable donation tax credit when calculating the AMT.
So far 2023 has proven to be a pivotal year for Lena Balkaran, CFRE.
She became a Certified Fund Raising Executive (CFRE) on May 13, 2023. While she had considered earning the credential for a number of years, she made it happen after putting it in her 2023 SMART goals at work.
Here she shares how she reached her goal of becoming a CFRE with advice anyone looking to get started.
It is with great community sadness that we share the passing of Calvin Fong this past month. As those who joined us in Vancouver know, Calvin was named this year as a ‘Friend of CAGP’ one of our highest honours we bestow each year to acknowledge significant contributions made at the local and national level of CAGP and which have had a national impact on strategic charitable gift planning.
Bobby Kleinman, FCPA, FCA - Member of the CAGP Government Relations Committee
The Federal Budget has raised much controversy on the plethora of new spending buckets and in some cases the perceived lack of spending in other buckets. There was not much there for CAGP members to get excited about.
Tanya Rumble, CFRE, MFA-P, knows a thing or two about fundraising. In fact, she knows quite a bit. With more than a decade in the sector, she shares her most notable recent challenges, why she sees professional development as essential for fundraising professionals, and how CAGP membership and the CFRE credential have set her on a powerful career trajectory.
Finance Minister Freeland brought down the Federal budget on April 7, 2022. CAGP sent its members an acknowledgement of the Budget with newsletter charity analysis from three law firms, Carters, Miller Thompson, and Norton Rose Fulbright. Terrific reviews, excellently done, and we thank them for their quality work and leadership in the charitable community. There were two chief technical proposals in the budget – the disbursement quota (“DQ”) and charitable disbursements to non-qualified donees (“NQDs”). What is the word which describes the reaction to these proposals? – RELIEF!
Moving forward with fundraising or communications initiatives without understanding how they fit into the grand scheme of things is borderline irresponsible. It’s like showing up at the airport without knowing where you are going, without packing any luggage or a passport, and simply saying that you want to travel.
A surprising number of nonprofit organizations who turn to us for fundraising support and help with donor outreach have been operating either without a written strategic plan in place or with a strategic plan that is defunct.
Online Will writing is exploding in Canada, fueled by entrepreneurs who see a need in the market, better technology, changing demographics (did you know that the oldest Millennials are now 41?), and of course, COVID-19 making us all more aware of our mortality.