December 11, 2020

Last Updated

September 6, 2023


The Muttart Foundation, Miller Thomson LLP

Practice Area

Charitable Sector


Operating a Charity

The Muttart Foundation, in collaboration with the law firm Miller Thomson LLP, has produced a resource to assist groups in coping with the financial hardships that are now upon them. Paths Forward in Financially Troubled Times – A Restructuring and Insolvency Guidebook for Charities and Non-profit Organizations is now available through the Foundation’s website.

The Guidebook lays out a number of avenues that groups can explore if they are financially stressed. These range from continuing operations in a different legal form or in a collaboration, to revamping finances to survive immediate threats to viability, to wrapping up the organization and its functions in a prudent and reasonable manner.