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
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