Board Fiduciary Duty  and the T1044 Non-Profit Organization (NPO) Information Return

NOTE: TO BE RESCHEDULED IN EARLY 2016

Presented by Larry Short, Senior Investment Advisor, Private Client Group HollisWealth

How can NPOs protect their charitable status? With fiscal year end approaching for many organizations, most everyone is aware of the need for updated financial statements. But one trap that you may be unaware of is the T1044 Non-Profit Organization (NPO) Information Return.

The potential problem arises when the NPO invests its money through a member of the of the board of directors. That is a very common occurrence in this province. Instead, the NPO should be issuing  Request For Proposals (RFP) for their investable assets and govern accordingly.

This workshop is free but you must register with dorielly@mountpearl.ca by November 16.