NPM700 Lecture Notes - Lecture 7: Fraser Institute
Document Summary
Individuals provide the largest portion of charitable gifts. More than billion is given annually through direct. This is very surprising news to many that think foundations and corporations are the best prospects for major sources of funds . We had a major financial crisis in 2008/2009. We refer to this period as the great recession. People slashed their charitable giving and it"ll never recover. Fewer canadians are giving, but more is being given. The primary source of funds varies significantly by type/size of organization . Smaller orgs rely more on gifts and donations for revenues than do larger organizations. Larger orgs, particularly hospitals and universities, rely more on government funding. Registered charities also rely upon government funding and also rely upon gifts and donations than non-charities. There are 5 primary ways npos can earn income . Fees for service: membership fees & dues. Earned income sources cont"d : fees for service.
