Explore the vital link between trusts and banking law, from fiduciary duties to tax implications, and discover how trusts serve as essential financial tools.

Charitable trusts represent a pivotal intersection between philanthropy and financial management, serving as a testament to the enduring human spirit of generosity. These specialized trusts are …

A special purpose charitable trust is created at common law when a donor gifts property to be held “in trust” for a specific charitable purpose rather than for the general charitable purposes of the charity …

3. Operating bank accounts - what financial controls should be used? Modern banking systems are generally highly sophisticated and reliable, but this does not mean that the banking system is entirely …

Charities can be structured in any number of different ways, whether a charitable trust, unincorporated association, a charitable company, or a charitable incorporated organisation, not to mention …

Conclusion: Banking for nonprofit organizations involves navigating a complex legal landscape. From establishing tax-exempt status to managing finances, fundraising, and complying with regulations, …

Learn what Canadian charities must report to stay compliant with CRA rules. Understand financial reporting, deadlines, and how to maintain registration.

Further, banks that operate in compliance with applicable Bank Secrecy Act/anti-money laundering (BSA/AML) regulatory requirements and reasonably manage and mitigate risks related to the unique …

We hope that charitable organizations (including charities, charitable trusts, and other nonprofits), fundraising professionals, and charitable fundraising platforms find this guide to be an invaluable …