EPISODE · Apr 2, 2025 · 4 MIN
Charity and Nonprofit Founder: Don't Lose Control of Your Nonprofit or Canadian Charity!
from The Canadian Charity Law Podcast · host Staff at B.I.G. Charity Law Group Professional Corporation
This episode explains challenges to founder control in standard non-profit structures where all members typically have voting rights. It then presents two main solutions involving different membership classes to mitigate this challenge. The first solution proposes a structure where only board members are voting members, ensuring they control board appointments. The second involves multiple classes of members. These strategies enable founders to maintain influence over the non-profit's direction and board composition without worry of losing control of the nonprofit or charity.If you are looking to register a nonprofit or charity and need assistance with ensuring you, as the founder, retain control, call us at 416-488-5888 or by email [email protected], and our experienced charity lawyers can assist with bylaw and related resolutions formation and revisions, giving you absolute control.This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs. Hat tip to our friends at OrgHub.ca, a new, innovative software platform that provides not-for-profits and charities across Canada with a solid foundation for incorporation and streamlined corporate governance. https://www.charitylawgroup.ca/P: 416-488-5888Book a Free Consultation With A Charity Lawyerhttps://www.charityaccountingfirm.ca/P: 289-301-8883
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Charity and Nonprofit Founder: Don't Lose Control of Your Nonprofit or Canadian Charity!
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