Another contentious DQ proposal: Should impact investments count toward the DQ?
Why It Matters
Critics of this proposal say allowing impact investments to count toward a foundationโs disbursement quota would result in fewer granting dollars flowing to the charitable sector โ at a time of high inflation when they are needed most.
A technology share chart. Photo: Markus Winkler
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Last Monday, in a high-ceilinged conference room in Montreal, on the unceded territory of the Kanienโkehร :ka, a prominent charity lawyer made a pitch to a room full of the top brass of the countryโs private foundations: Get in touch with the federal Department of Finance, and fast.ย
Terrance Carter, managing partner of law firm Carters Professional Corp., and a former member of the federal advisory committee on the charitable sector, m
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