We as a community – are all an important components that make up one functioning body. It may be easier to understand this concept in the physical sense of our own bodies: Try to have a good day when you have a toothache, a headache or your feet are bothering you. No part is more important that than the others; each has its own role and relationships. When each part is fully functioning and flourishing, the entire body is fluid and able to achieve its purpose.
This concept, once deeply rooted in understanding, affects the way we treat everyone around us – in our communities, our friendships and our families. There is no room for pride or posturing once we realize that we cannot function at our best if we don’t want the best for everyone.
- Excerpt from Kristin Armstrong, Living Faith
About me: I give Economic, Social and Global trend briefings from some of the world's brightest minds at my blog http://saveriomanzo.com/ and http://saveriomanzo.blogspot.com/. I also provide true and tested financial planning and wealth advice. Most recently, over the past few years, I have become socially conscious and have been attempting to practise ways in which I can live my life more environmentally friendly. Along with some truly exceptional friends, we provide consulting and business development for small-medium sized businesses. In addition, I truly believe in being philanthropic, giving and doing unto other as we would have them do unto us. Some of my fondest resources are from Barry Ritholtz of The Big Picture, David Rosenberg and what Warren Buffett of Berkshire Hathaway is up to behind the scenes, as an example.
Tuesday, October 26, 2010
Tuesday, October 19, 2010
Strengthening Ontario's Not-For-Profit Sector
Strengthening Ontario's Not-For-Profit Sector
October 19, 2010
McGuinty Government Passes Not-For-Profit Corporations Act
Ontario is making it easier for not-for-profit corporations to operate and do business in today's marketplace while strengthening the economy and creating jobs.
The province's Not-for-Profit Corporations Act passed third reading today in the Ontario Legislature. Upon Royal Assent the new legislation will provide Ontario's 46,000 not-for-profit corporations with a modern, legal framework to:
* enhance corporate governance and accountability
* simplify the incorporation process
* give more rights to members
* better protect directors and officers from personal liability
* allow not-for-profits to engage in commercial activities where revenues are used by the corporation in support of their not-for-profit purposes
The Act is based on extensive consultations across the province. This includes three consultation papers, a web advisory panel and regional workshops in Ottawa, London, Toronto and Thunder Bay attended by more than 200 organizations.
The nonprofit sector employs more than 16 per cent of Ontario's paid workforce. Supporting Ontario's non-profit organizations is an important part of the government's Open Ontario plan to grow key sectors of the economy and create a climate where business can thrive.
QUOTES
"Almost eight million Ontarians volunteer their time and effort to help not-for-profits relieve poverty, advance education, strengthen medical research, share faiths and build communities. The Not-for-Profit Corporations Act will strengthen a sector that offers so much to so many."
– John Gerretsen
Minister of Consumer Services
QUICK FACTS
* The previous Corporations Act, which governed not-for-profit organizations was enacted in 1907 and last substantially updated in 1953.
* Ontario's volunteers contribute over 800 million hours a year.
October 19, 2010
McGuinty Government Passes Not-For-Profit Corporations Act
Ontario is making it easier for not-for-profit corporations to operate and do business in today's marketplace while strengthening the economy and creating jobs.
The province's Not-for-Profit Corporations Act passed third reading today in the Ontario Legislature. Upon Royal Assent the new legislation will provide Ontario's 46,000 not-for-profit corporations with a modern, legal framework to:
* enhance corporate governance and accountability
* simplify the incorporation process
* give more rights to members
* better protect directors and officers from personal liability
* allow not-for-profits to engage in commercial activities where revenues are used by the corporation in support of their not-for-profit purposes
The Act is based on extensive consultations across the province. This includes three consultation papers, a web advisory panel and regional workshops in Ottawa, London, Toronto and Thunder Bay attended by more than 200 organizations.
The nonprofit sector employs more than 16 per cent of Ontario's paid workforce. Supporting Ontario's non-profit organizations is an important part of the government's Open Ontario plan to grow key sectors of the economy and create a climate where business can thrive.
QUOTES
"Almost eight million Ontarians volunteer their time and effort to help not-for-profits relieve poverty, advance education, strengthen medical research, share faiths and build communities. The Not-for-Profit Corporations Act will strengthen a sector that offers so much to so many."
– John Gerretsen
Minister of Consumer Services
QUICK FACTS
* The previous Corporations Act, which governed not-for-profit organizations was enacted in 1907 and last substantially updated in 1953.
* Ontario's volunteers contribute over 800 million hours a year.
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