Members’ and Directors’ Meetings of Not-for-Profit Corporations During the COVID-19 Pandemic
Organizing members’ and directors’ meetings during normal times can be difficult for non-profit corporations, but the COVID-19 crisis has made the process even more challenging. Not-for-profit corporations typically conduct in-person meetings, which during the COVID-19 outbreak would contradict public health advice to practice physical distancing and self-isolation to prevent the spread of the virus. If […]
What Is A Member Of A Not For Profit Corporation?
A member is arguably the most important and most commonly misunderstood component of a not for profit corporation. When I ask not for profit organizations who their members are, in most cases the response is “I don’t know” or “we don’t have those”. Such responses are surprising because every not for profit corporation has members, […]
What Is The Difference Between A Not-For-Profit / Non-Profit And A Charity?
Not-for-Profit Organizations and Limited Liability In everyday terms, not-for-profit or non-profit means an organization whose goal or purpose is something other than profit. It is a common misconception that the term means that the organization can’t generate a profit. Actually, a not-for-profit organization’s revenues can exceed its expenditures, the excess is instead referred to as […]
What Happens If I Die Without A Will?
f you die without a valid will and are resident in Ontario, the distribution of your estate will be prescribed by the Succession Law Reform Act (the
