Series - Editorial Fellowship: Transforming Funding Models

A short history of philanthropic perpetuity: tax havens, Catholic corruption and corporate control

Author Gabe Oatley
How the hell did we get here โ€” to this place where Canadian institutional philanthropy largely assumes perpetuity?

Why It Matters

The Canadian philanthropic sector is embroiled in a debate about the disbursement quota โ€” the rate at which foundations have to give to charity. Some argue itโ€™s fine where it is โ€” at 3.5 percent. Others argue that this rate is โ€œstarvingโ€ non-profits across the country. To understand the context for this debate, you need to understand the history.

Call it the pandemic effect. Call it a tipping point around racial justice. Call it a long overdue reckoning over the genocide of Indigenous peoples. But whatever it is, itโ€™s obvious โ€” the roots of the philanthropic sector are under attack.

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