Course Description
National Aboriginal Trust Training Program: Phase II
This course reviews and expands on concepts and principles introduced in Phase I of this program. This course focuses on deepening your knowledge and appreciation of the vital role Trustees play in managing Indigenous Trusts, their duties and responsibilities in this role, and some of the challenging decisions they must make. Throughout this course, you will review foundational concepts, delving into more advanced topics such as selecting advisors, operating effectively in a variety of investment markets, and essential governance considerations.
NATOA is a charity organization, and is committed to providing the Aboriginal Peoples of Canada with the resources and information that will help them efficiently create, manage, and operate trusts as a means to ensure that the seven generations, yet unborn, can benefit from the goals and dreams of the present generation.
As more and more Aboriginal governments, organizations and communities establish trusts to hold and manage the funds obtained from their claims (land claims, treaty land entitlement, hydro claims) or business activities, it is critical to ensure these funds are prudently and responsibly managed and that structures are in place to reflect particular aspirations and objectives of an individual community.
Outcomes
Upon successful completion of the National Aboriginal Trust Training Program: Phase II, you will:
- Deeper awareness of Phase 1 trust concepts such as acting as a fiduciary and liability concerns.
- More fulsome understanding of typical trust frameworks, structuring, and agreements.
- Foundational knowledge of leveraging concepts and how to foster economic development.
- In-depth understanding of best practices in the creation of spending plans and annual budgets.
- A comprehensive understanding of income tax requirements and how it applies to Indigenous trusts.
Prerequisites
National Aboriginal Trust Training Program: Phase I
Notes
Course materials are included. To register call 403 320-3288 or
training@lethbridgecollege.ca.
