Opinion: The Advisory Committee on the Charitable Sector let down charities and communities by not recommending a disbursement quota hike

Why It Matters

Forty percent of charities are still seeing their revenues decline following COVID-19’s onset. Almost 1 in 4 charity leaders say they don’t think their organizations will be able to stay open for another year. Communities rely on the services these organizations provide, and demand for many such services will only increase post-pandemic.

0.1 percent of the world’s philanthropic money goes to Black feminist activists — this global organization is working to change that

Why It Matters

Black feminist activists are at the forefront of political and social change worldwide, yet they receive a miniscule amount of global philanthropic dollars. Closing that gap requires a new approach to grantmaking — one that’s Black women-led, trust-based, and community-first — and resources from the rest of the sector.

It’s the 10th anniversary of global Black Philanthropy Month. Founder Dr. Jackie Bouvier Copeland shares the ups and downs — and what’s next.

Why It Matters

Canadian philanthropy underfunds Black-led and Black-serving communities. Black Philanthropy Month’s emphasis on philanthropic equity can inform structural changes to Canada’s sector.

Who stewards 10 of Canada’s biggest community foundations’ investments? Mostly white men in finance

Why It Matters

Canadian foundations invest far more money each year than they grant out to charities. This means that their volunteer ‘investment committees’ — the group that oversees the foundation’s investment decisions — play a considerable role in the overall impact the foundation has. Some social impact leaders say that the “monocultural” nature of these committees is limiting their capacity to create systemic impact.

Five ways social sector funding will (or should) transform coming out of COVID

Why It Matters

Canada’s philanthropic sector holds at least $85 billion in assets, and that’s likely grown since COVID began. The stewarding of that money and the power imbalance it builds deserve scrutiny — and requires transformation, speakers agreed.

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

Why It Matters

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