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

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Published on 16 Oct 2011
Course
Professor
Finance in the Not-for-profit Sector
REC 101
October 22, 2010
Three Sources of Revenue
1. Government support or public sector support
Grants, contracts, and reimbursements for services to eligible third parties form all
level of governments
o Accounts for 51% (over half IMPORTANT ) of revenue in the Not-for-profit
sector in Canada
o Account for 39% ( after excluding IMPORTANT ) if you exclude hospitals and
colleges
2. Fees Income
Earned income from private payments for services, membership dues, service
charges, and investment income
o Accounts for 39% of revenue in the not-for-profit sector in Canada
o Accounts for 48% if you exclude hospitals and colleges
3. Philanthropy
Synonymous for “charitable giving”
Includes individual giving, foundation giving , and corporate giving
o Accounts for 9% of revenue in the not-for-profit sector in Canada
o Accounts for 12% if you exclude hospitals and colleges
Revenue in NPS ( know the highest , and the different after excluding )
Source
Culture
REC
All
Exclude UNI. COL.
HOSP
Government support
13%
18%
51%
39%
Fee income
46%
63%
39%
48%
Philanthropy
41%
19%
9%
12%
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. Col. Hosp.
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Document Summary

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.

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