Why business owners should include corporate philanthropy: Five key benefits
By Tony Maiorino For incorporated business owners, corporate giving can exist in many ways and offer a range of benefits. Looking at it from a holistic lens, we know that the act of corporate philanthropy, regardless of the form of giving, is integral for creating meaningful impact in and across …
The Donor-Advised Fund is Evolving, so is Who It’s For?
By John Bromley Donor-advised funds (DAFs) can sound more complicated than they are. In practice, a DAF is remarkably simple: it’s an account you open to manage your charitable giving. Think of it as a kind of savings account, only this one is for giving back. In a world where …
Ask and They Shall Receive: How one question can help financial advisors and estate lawyers unlock a client’s charitable legacy
By Arin Klug When I was a kid, I loved baseball. Whenever I saw a group of kids my age playing at the park across the street, I’d grab my glove and rush over. The only problem? I was painfully shy. I’d hover near the diamond — close enough to …
The Critical Importance of Understanding the Difference Between Corporate and Nonprofit Finances
By Heather Clara Young Astute corporate philanthropists seek that sweet spot where the charity’s mission resonates with corporate values and priorities, and where the scale and profile of patron and beneficiary are a good fit. When evaluating applications for support, they also scrutinize program budgets and often require financial reporting …
Creating Social Impact Beyond Corporate Philanthropy
By Eric Saarvala Corporate philanthropy is a vital component of a company’s social license to operate and has become more deeply integrated with corporate responsibility, sustainability, and environmental, social and governance programs (commonly referenced as “ESG”) over the last few years. Corporate philanthropy has historically and typically operated as a …
Canada Leads 100 Challenge: When philanthropy fuels a nation’s health care innovation
By Julie Quenneville Canada has always punched above its weight in health care and medical discovery. From the discovery of insulin to the identification of stem cells and the development of their ground-breaking therapeutic use, some of the world’s most important breakthroughs have Canadian roots. And today, our country remains …
Restoring Trust – The Art of Building Relationships
By Kathleen A. Provost, CFRE, MAdEd As a professional fundraiser, I have always been fascinated with the factors and events that can shape the way professional fundraisers build relationships in our ever-evolving philanthropic sector. There is one core factor of relationship building: trust. To understand how we build trust, we …
The Advantages of Donating Through a Corporation
Among all the reasons people give to charity, reducing their taxes is often far down the list. According to a survey by the Charities Aid Foundation in the U.K., more important reasons people give are: 96%: personal values including a sense of morality and ethics 75%: belief in a specific …
In Conversation with Teresa Virani, Executive Director, Philanthropy at Nicola Wealth
In this series, Nick talks with other philanthropic leaders who help to “get money moving” by addressing systemic barriers to giving. This edition features innovator and collaborator Teresa Virani, who has been a pioneer in the Canadian philanthropic landscape. Teresa’s most recent role is Executive Director, Philanthropy at Nicola Wealth. …
Scotiabank Donates $1 Million to Improve Access to Care for Indigenous Peoples
Significant financial contribution is for the Indigenous Wellness Project MONTREAL, QC–The CHUM Foundation is delighted to announce the generous contribution of $1 million from Scotiabank as part of its major Act faster than disease campaign, which helps the CHUM teams reach their objective in providing Quebecers the best possible care. …