Sector3Insights is a social enterprise survey firm. Its prices are low, and profits are exclusively directed to registered charities and more sector research. It is a primary funder of GIV3 and provides a steady revenue stream
We have made some progress, but not enough. In the Federal 2022 Budget, the government outlined their intention to increase the DQ from 3.5% to 5.0% for charities with assets above $1 Million. This increase started as of January 1, 2023. A nice step forward…
However, we do not feel 5% is high enough to ensure public money is used in the lifetime of taxpayers. It continues to allow money to accumulate on the sidelines in foundation endowment accounts while charities struggles and millions of Canadians suffer. Delayed good is less good, and often becomes more expensive. A higher DQ is both justified and morally correct.