August 11, 2022

Guarantee Founder's Long Term Control of Canadian Nonprofit & Charity

This episode explains challenges to founder control in standard non-profit structures where all members typically have voting rights.

It then presents two main solutions involving different membership classes to mitigate this challenge.

The first solution proposes a structure where only board members are voting members, ensuring they control board appointments. The second involves multiple classes of members.

These strategies enable founders to maintain influence over the non-profit's direction and board composition without worry of losing control of the nonprofit or charity.

If you are looking to register a nonprofit or charity and need assistance with ensuring you, as the founder, retain control, call us at 416-488-5888 or by email ask@charitylawgroup.ca, and our experienced charity lawyers can assist with bylaw and related resolutions formation and revisions, giving you absolute control.

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