Tuesday, August 24, 2010

Canadian Fundraiser eNews - Article 7

Canadian Fundraiser eNews - Article 7: "New disbursement quota rules and their implications

Tucked away in the latest federal budget were several proposed provisions which will radically impact the way that charities manage their donations. These provisions, which reform and substantially simplify the existing disbursement quota rules, should dramatically impact the conversations that gift planners (and all fundraisers) have with their prospective donors.

Thankfully, Canadians will be returning to those halcyon days when “DQ” meant a trip to the local Dairy Queen for some tasty soft-serve. While the elimination of the most onerous disbursement quota provisions should be thunderously applauded, we need to understand what these changes truly mean when we sit down with our supporters and discuss their next gift."

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