HECOL301 Lecture 3: Non-Profit Organizations in Alberta
Document Summary
Section 2: connection concepts with de nition (12 de nitions, 15 concepts) Section 3: answer 2/3 short essay questions through bullet points or paragraph. Approximately 8 points under each (based on the readings, especially minkler and heistrum) A club, society, or association that is organized and operated solely for: Don"t issue stock shares or distribute surplus funds to owners or shareholders; making a pro t not the goal. Able to earn a pro t, but more accurately termed a surplus; used internally for expansion or other plans. Typically are funded by governments, foundations, donations (often tax deductible) from individuals. 5 emerging trends converge to transform the non-pro t sector. Each trend has profound implications for non-pro ts; their convergence will transform the sector: demographic shifts rede ne participation. For younger activists, less importance being tied to organizations.