Set Charities Free to Raise More Business Income
Canadian law should permit charities to raise some funds for their missions through business income from both related and unrelated businesses, according to a report released today by the C.D. Howe Institute. In "At the Crossroads: New Ideas for Charity Finance in Canada," authors Adam Aptowitzer and Benjamin Dachis find that, in the face of financing challenges, charities need the flexibility to finance their non-profit activities through businesses governed by separate, arm's-length Boards.- Thursday, March 8, 2012