Obtaining registered charitable status can potentially introduce new avenues of funding for magazines not available to sole proprietorships or even non-profits. But obtaining and maintaining registered charitable status can be time consuming and potentially unnecessary if not taken advantage of once obtained.
Before starting down the path to registered charitable status, it is important to understand the requirements—both initial and ongoing—and the benefits. This will both let you make an informed decision about whether becoming a charity is right for your magazine and ensure the greatest chance of a successful application.
View the whitepaper The Truth About Charitable Status and Your Magazine.
This resource is made possible with the support of Ontario Creates.