Keith Thomson, a philanthropic specialist in Toronto and author of “What Was Your Great Grandmother’s Name? 50 Thoughts On How Canadian Philanthropy Can Transform You, Your Family And Your Community” recently attended Peter Diamandis’”Abundance 360 Summit.
Online PR News – 22-April-2014 – Toronto, Ontario – Keith Thomson, a philanthropic specialist in Toronto and author of “What Was Your Great Grandmother’s Name? 50 Thoughts On How Canadian Philanthropy Can Transform You, Your Family And Your Community” recently attended Peter Diamandis’”Abundance 360 Summit.
Keith is a financial planner with a philanthropic niche in the Canadian non-profit landscape; providing him with a unique understanding of the business trends impacting this particular market. While at the 360 Summit the topic of crowdfunding was discussed.
Crowdfunding is the collection of finance to sustain an initiative from a large pool of backers—the "crowd"—usually made online by means of a web platform. It has gained momentum in Canada, so much so that on March 20th 2014 Securities regulators in New Brunswick, Nova Scotia, Quebec, Saskatechwan, published for comment the Crowd Funding Exemption and Start Up Exemption. While the Ontario Securities Commission also published a comment the Crowdfunding Exemption on March 20th 2014 by way of a bulletin and the British Columbia Securities Commission is also concurrently publishing a local notice soliciting comments on the Start-Up Exemption.
Keith believes that crowdfunding is a part of the new age of fundraising. But utilizing a nonprofit’s online network it can create a targeted web based campaign to petition donations. This will not be a trend that will soon fade out; it will be something that will continue to grow and evolve. Although crowdfunding is used in many other sectors, Keith is excited to see its impact on the Canadian non-profit landscape.
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About Keith Thomson: Keith Thomson, who is based in Toronto, is an internationally recognized financial educator, author and consultant, specializing in estate and charitable tax planning.