Sunday, June 01, 2008
Tax savings result in a new Foundation
In my journey to learn more about taxes, I found this page of particular interest. My thesis supervisor has always been very critical of Corporate Social Responsibility programs, and I must admit I didn't really dig on that hesitation.
Today while looking for grant money for Access Riverdale (looking to hire staff) and Five Minutes to Midnight's partners in Chad and Kenya (whose media activities are greatly jeopardized by conflict), I found something really interesting. The Hudson's Bay Company has made a donation to a Museum and Archives and then used the tax savings to estabilish a History Foundation to provide ongoing support to these initiatives.
Check it out
Hudson's Bay Company - Social Responsibility - Hbc History Foundation
This is also part of my wondering about `grants` and `sustainability`, which I find are often conceived as opposites in the CED world. This is probably explained because about three years ago the funding landscape changed enormously in Canada with HRSBC cutting down enormous funds and all actors becoming obsessed about accountability, which did somehow result in cutting ongoing committments to agencies and organizations that are focused on delivery the work more than dealing with red tape. Through my research though I am finding that some foundations are indeed making that shift back to favoring ongoing support of the same organizations.
Also : great link for those doing similar grant finding work : http://www.law-nonprofit.org/link-fou.htm
Today while looking for grant money for Access Riverdale (looking to hire staff) and Five Minutes to Midnight's partners in Chad and Kenya (whose media activities are greatly jeopardized by conflict), I found something really interesting. The Hudson's Bay Company has made a donation to a Museum and Archives and then used the tax savings to estabilish a History Foundation to provide ongoing support to these initiatives.
Check it out
Hudson's Bay Company - Social Responsibility - Hbc History Foundation
This is also part of my wondering about `grants` and `sustainability`, which I find are often conceived as opposites in the CED world. This is probably explained because about three years ago the funding landscape changed enormously in Canada with HRSBC cutting down enormous funds and all actors becoming obsessed about accountability, which did somehow result in cutting ongoing committments to agencies and organizations that are focused on delivery the work more than dealing with red tape. Through my research though I am finding that some foundations are indeed making that shift back to favoring ongoing support of the same organizations.
Also : great link for those doing similar grant finding work : http://www.law-nonprofit.org/link-fou.htm
