CharityVillage Connects | Alternative revenue options for Canadian nonprofits

In this episode, we take deep look at the dramatic shifts currently taking place in Canadian nonprofit funding models and revenue sources, including social enterprise, so-called “patient” loans, and impact investing. In addition to discussing how these initiatives can help support administration costs and capacity building, we look at the chilling effect of the WeCharity scandal on nonprofit organizations' willingness to embrace these new models.

Show Notes

In this episode

In our first CharityVillage Connects episode we explored how COVID-19 forced organizations to quickly rethink their traditional fundraising initiatives, such as in-person events and galas. In this episode, we carry the conversation further by considering the dramatic shifts currently taking place in Canadian nonprofit funding models and revenue sources, including social enterprise, so-called “patient” loans, and impact investing. In addition to discussing how these initiatives can help support administration costs and capacity building, we look at the chilling effect of the WeCharity scandal on nonprofit organizations' willingness to embrace these new models.

Join our host, CharityVillage President Mary Barroll, as she speaks to sector experts about the risks and rewards that Canadian charities and nonprofits must think about as they look to diversify their revenue and engage in alternative funding models.
 
Meet our guests in order of appearance 

• Kristy Rivait, Co-Founder of Scale Collaborative
• Elisa Birnbaum, Publisher & Editor-in-Chief of SEE Change Magazine
• Dan Kershaw, Executive Director of Furniture Bank
• Mark Blumberg, Partner at Blumberg Segal LLP
• The Honourable Ratna Omidvar, Senator for Ontario, The Senate of Canada

 
About your host

Mary Barroll, president of CharityVillage, is an online business executive and lawyer with a background in media, technology and IP law. A former CBC journalist and independent TV producer, in 2013 she was appointed General Counsel & VP Media Affairs at CharityVillage.com, Canada’s largest job portal for charities and not for profits in Canada, and then President in 2021. Mary is also President of sister company, TalentEgg.ca, Canada’s No.1, award-winning job board and online career resource that connects top employers with top students and grads.

Resources from this Episode

We've gathered the resources from this episode into one helpful list:

• CharityVillage Connects: Post-Pandemic Fundraising and Beyond
• Catalyst for Change: A Roadmap to a Stronger Charitable Sector (Senate Canada)
• Thrive Impact Fund
• Bill S-216: An Act to amend the Income Tax Act (use of resources of a registered charity)
• August 2021 Sector Monitor (Imagine Canada)

Learn more and listen to the full interviews with the guests here.

What is CharityVillage Connects ?

Welcome to CharityVillage Connects – a series that highlights topics vital to the nonprofit sector in Canada. CharityVillage is a resource to over 170,000 charitable and nonprofit organizations in Canada. This series, hosted by President Mary Barroll, will provide in-depth conversations with experts in the nonprofit sector. We’ll examine diversity, equity and inclusion, innovations in fundraising, the gap in female representation in leadership and many other subjects crucial to the growth and development of charities throughout Canada.