REC101 Lecture 13: Lecture #13 - Finance in the Not-for-profit Sector Typed Filled in notes for lecture 13 - unit 2 - Finance in the Not-for-profit Sector - The prof gives lecture notes with blanks which needs to be filled during the lecture, I have provided a filled in le
16 Oct 2011
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Three sources of revenue: government support or public sector support. Earned income from private payments for services, membership dues, service charges, and investment income: accounts for 39% of revenue in the not-for-profit sector in canada, accounts for 48% if you exclude hospitals and colleges, philanthropy. Includes individual giving, foundation giving , and corporate giving: accounts for 9% of revenue in the not-for-profit sector in canada, accounts for 12% if you exclude hospitals and colleges. Revenue in nps ( know the highest , and the different after excluding ) Note: an important skill is to make sure that the nps gets income , a way of doing that is writing. Important: fee income is the highest source in rec and not uni. 2- to help a cause in which one believes. 3- to make a contribution to the community. 4- to fulfill social, religious, or philosophical convictions. 5- to create a memorial to an individual or family.
