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Difference between revisions of "Societies, Charities, and Federal Not-For-Profit Corporations - What's the Difference? (Societies Act FAQs)"
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Societies, Charities, and Federal Not-For-Profit Corporations - What's the Difference? (Societies Act FAQs) (view source)
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{{Societies Act FAQs TOC}} | {{Societies Act FAQs TOC}} | ||
{{REVIEWED | reviewer = [[Pacific Legal Education and Outreach Society]] (PLEO) in May 2021}} | |||
===What is a society?=== | ===What is a society?=== | ||
In British Columbia, a non-profit organization is called a society. Societies are governed by a piece of legislation called the [https://canlii.ca/t/544bg ''Societies Act''], SBC 2015, c 18. The ''Societies Act'' sets out the rules and procedures for incorporating, managing, and dissolving a non-profit in British Columbia. Societies are registered with BC Registries through the [https://www.bcregistry.ca/societies/ Societies Online] website. Societies have less stringent reporting requirements than charities, but they cannot issue tax receipts for donations. A society can operate a business to support its purposes. Societies may have a wide range of purposes, including non-charitable purposes like sports and social clubs. For more information on incorporation, keep reading these FAQs or see the [https://www2.gov.bc.ca/gov/content/employment-business/business/not-for-profit-organizations/societies/incorporate-society Registrar’s Guide to Incorporating a Society]. | In British Columbia, a non-profit organization is called a society. Societies are governed by a piece of legislation called the [https://canlii.ca/t/544bg ''Societies Act''], SBC 2015, c 18. The ''Societies Act'' sets out the rules and procedures for incorporating, managing, and dissolving a non-profit in British Columbia. Societies are registered with BC Registries through the [https://www.bcregistry.ca/societies/ Societies Online] website. Societies have less stringent reporting requirements than charities, but they cannot issue tax receipts for donations. A society can operate a business to support its purposes. Societies may have a wide range of purposes, including non-charitable purposes like sports and social clubs. For more information on incorporation, keep reading these FAQs or see the [https://www2.gov.bc.ca/gov/content/employment-business/business/not-for-profit-organizations/societies/incorporate-society Registrar’s Guide to Incorporating a Society]. | ||