The social impact sector was barely mentioned in Budget 2023, but the Liberals’ latest fiscal plan promised spending on a multitude of issues for the social impact sector
Join Future of Good for a member-exclusive discussion with our editorial fellow on digital transformations, Sharlene Gandhi, to go deeper on her story on how social purpose organizations are already using this technology, and what comes next as AI becomes increasingly popular.
Funding to social purpose organizations doesn’t go as far as it once did. Without funding to account for rising programming demands and increased costs due to inflation, non-profits and charities are having to pause or cut back on services and programs that individuals and families rely on.
It’s likely hundreds of funders will need to update their “charitable purposes” in order to be able to grant to non-qualified donees, according to Sharmila Khare, head of the Canada Revenue Agency’s Charities Directorate.
It’s likely hundreds of funders will need to update their “charitable purposes” in order to be able to grant to non-qualified donees, according to Sharmila Khare, head of the Canada Revenue Agency’s Charities Directorate.