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Angel Organization Characteristics Executive Summary
T he majority (66%) of angel organizations are or- ganized in not-for-profit structures, while 31% are for-profit entities. Most angel organizations (76%) charge investors for membership, with fees ranging from $250 to over $1,000 per year. The proportion of angel organizations that charge investors a membership fee
has risen year on year. Just over half of the angel organi- zations (57%) extend membership to corporate entities (typically professional service firms). Fees for corpora- tions are typically higher than those for individuals (83% are above $1,000).
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
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