The Chartered Professional Accountants of Canada (CPA Canada) have released today a booklet entitled 20 Questions Directors of Not-for-Profit Organizations Should Ask about Mergers. It is located on this CPA Canada page. It is written by Andrea Cohen Barrack, CEO of the Ontario Trillium Foundation (OTF), Canada’s largest granting foundation, and Mark Blumberg, a charity lawyer and partner at Blumberg Segal LLP and editor of www.globalphilanthropy.ca, www.canadiancharitylaw.ca, smartgiving.ca and charitydata.ca
In 20 Questions Directors of Not-for-Profit Organizations Should Ask about Mergers non-profit boards and staff will learn about:
- evaluating a merger as a strategic option
- exploring options: board oversight, unique organization characteristics, partner selection and stakeholder consultation
- negotiating: establishing the process and timeline, due diligence and governance issues
- implementation and evaluation
Related Posts
July 23, 2021
Lots of media coverage on the Justice Centre for Constitutional Freedoms, which is a registered charity in Canada
A few weeks ago a Canadian registered charity called the Justice Centre for Constitutional Freedoms (JCCF) was involved in a scandal when it was…
July 9, 2021
Good news for Alberta and New Brunswick non-profits that wish to move to the Federal Canada Not-for-profit Corporations Act (“CNCA”)
Corporations Canada has made it easier for Alberta non-profit corporations under the Societies Act (Alberta) and New Brunswick non-profits under the…
July 1, 2021
New Ontario Business Registry
I recently received this note from the Ontario Government when I signed up for a mailing list relating to the new Ontario Business Registry (OBR)…