(October 30, 2021) In an explosive story published yesterday by The Logic, Finance Canada’s Sabia sitting out charitable-giving consultations over spot on MasterCard Foundation board, Claire Brownell reported that Deputy Minister of Finance Michael Sabia has recused himself from being informed of or discussing “any issue involved in the charitable sector in general” including … [Read more...] about Michael Sabia and the staggering conflict of interest in key roles involving charitable foundations
(February 17, 2021) Canada’s most organized and vocal campaign to increase the disbursement quota (DQ) for public and private foundations is gathering steam. Well-known names in the sector are among the initiative’s most passionate advocates. The effort, dubbed the Increasing the Grants campaign, is calling on the Finance Minister to “significantly increase” … [Read more...] about Calls to increase the disbursement quota growing louder: ‘Foundations are hoarding wealth’
(September 9, 2020) Canadians' trust in charities and the not-for-profit sector has fallen 6% to 50% overall, after climbing by 7% in May, according to the latest CanTrust Index released on September 8 by Proof Strategies. Proof Strategies surveyed 1,000 Canadians between September 3 and 5 for the CanTrust Index COVID-19 Impact Update. This sector decline is likely … [Read more...] about Canadian’s trust in charities has dropped 6% since May
(August 18. 2020) As the COVID 19 pandemic brought the charitable sector to its knees, the debate about the growth of donor advised funds -- the fastest growing philanthropic vehicle in Canada -- has intensified. In its letter to the Federal government urging a $10B stabilization package, the Emergency Coalition of Canadian Charities put it bluntly, “The COVID-19 … [Read more...] about Growth of Donor Advised Funds: Charitable Boon or Parking Lot?
(April 29, 2020) Hilary Pearson has been involved in the Canadian philanthropy sector for three decades. She spent almost 20 years as the CEO of Philanthropic Foundations Canada, a member organization of Canadian grant makers. She’s been on the board of Imagine Canada, the Stratford Shakespeare Festival of Canada, CARE Canada and Indspire. From 2012 to 2015, she … [Read more...] about Hilary Pearson: ‘I’ve seen both good and bad. I think the sector is uniquely vulnerable to a crisis such as COVID 19’