Behind the scenes of a non-profit merger: preparing staff, funders and the CRA
Why It Matters
Charities and non-profits may find long-term sustainability challenging, given high delivery costs, fluctuating donation patterns, changing community needs, and shifting priorities for funders. One under-explored exit strategy is to merge operations with other organizations. Charities and non-profits, however, need to be aware of their obligations with the Canada Revenue Agency should they choose to go down this route.