Charities are seeing donations from younger donors, especially those between 18 and 25, drop off. Meanwhile, crypto is becoming increasingly popular among this age demographic.
For years, charities, non-profits, foundations and grassroots groups have called for an easier way for charities to work with “non-qualified donees” — organizations without charitable status. That seemed on the horizon with the steady progress on a senate bill, until now.
Members of the Advisory Committee for the Charitable Sector have the ear of the federal government and can influence regulatory reform for Canada’s social impact sector.
Many critics see the current regulations on funding non-charities as a colonial form of control over already marginalized groups. This new bill proposes changes that would shift the power from funders to people on the ground.
Mandate letters are detailed descriptions of a Prime Minister’s policy goals – and priorities – for their term. They give the social impact sector an idea of what issues the government may quickly fund, and what it may ignore outright.