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Incorporation - Definitions
Charity: giving voluntarily to those in need; an organization or
institution for helping those in need (Oxford).
Charitable Organization: defined in its simplest form, is an
organization providing relief to those in need. However, this term is most
often used to denote an organization that is registered with Canada
Customs and Revenue Agency (formerly Revenue Canada) as a recognized
charity and thus able to issue charitable receipts for donations. Also
referred to as Charitable Status or as a Registered Charity.
This term is also used by the Alberta Government to denote an
organization that has registered as a Charitable Organization with the
Corporate Registry of Alberta Government Services under the Charitable
Fund-Raising Act. This is required by an organization that uses a fund
raising business, or has contributions from individuals in Alberta
exceeding $25,000 in a financial year.
Non-Profit Organization: a general term denoting any organization
formed whereby any profits realized from the activity of the organization
are used solely for the purpose of promoting the objects of the
organization and not paid to the members.
Non-Profit Company: a term primarily used by Alberta Government
Services to denote a non-profit organization that will operate a company
for profit but the profits will be used solely for the purpose of
promoting the objects of the organization and will not be paid to members.
(e.g.. Salvation Army Thrift Shop)
Not for Profit Organization: synonymous with Non-Profit Organization. The term was coined to rid the notion that
the term non-profit may suggest organizations do not make any profit. Not
for Profit means an enterprise can make a profit but the organization does
not exist solely to do so.
Non Governmental Organization: (NGO) an organization that is not
government. Most often the term is used to differentiate between
government, which in all respects is a non-profit organization, and other
non-profit organizations.
Rules and Regulations, Bylaws, Constitution, Governing Rules, and Charter
are all synonymous terms denoting the laws established to govern an
organization.
Society: an association of persons united by a common aim or interest
or principle (Oxford). Alberta Corporate Registry views a society as an
association of five or more people who share a common recreational,
cultural, scientific or charitable interest. A society may not incorporate
primarily to carry on a trade or business.
Registered Society: a society that has been incorporated with the
Corporate Registry of Alberta Government Services.
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