Canada Gives is a public foundation and registered charity, established in 2005 to support the expansion of philanthropic foundations and increase long-term giving opportunities for donors to make their legacy count in Canada and abroad.
Canada Gives offers committed philanthropists the most flexible and administratively simple way to support funding of their preferred charities through our customized Donor Advised Funds (DAFs).
Most of our DAFs operate as family foundations, giving donors the ability to fund their preferred charities to meet immediate needs, as well as creating a long term funding base to support charitable programs each year. Our unique philanthropic foundation administration platform enables donors in Canada to build a high-impact foundation.
Our Donor Advised Funds (also called “Foundation accounts”) allow a donor the same financial and philanthropic choices they would make with a separately registered private foundation – but with a much more flexible structure. At Canada Gives, each donor can select their own investment advisor to manage the assets in the Foundation account; they can recommend the registered charities that receive disbursements from the Foundation, and how much each should receive. Canada Gives ensures their choices follow CRA policies, and provide full administration and reporting services.
To learn more about Canada Gives, click the button below to be redirected to their website.
A Donor Advised Fund (DAF) is today’s fastest growing charitable giving instrument offered to committed philanthropists, their families and professional advisors. A Canada Gives DAF offers the same funding choices and executive privileges as a private foundation, but is a much more flexible and cost-effective alternative.
Donor Advised Funds enable the donor to create a charitable gifting plan that provides the opportunity to give now and get that tax savings now, but with the ability to disburse the funds to their designated charitable beneficiaries over time; ensuring a legacy of philanthropy long into the future that will make a bigger impact.
A DAF account also provides a donor with the freedom to fund charities with privacy, eliminating pressure from over-solicitation and the disclosure of detailed financial information required for a family foundation.
It does not preclude active engagement with charities and appropriate recognition, it simply shifts control over how your gift is managed and disbursed to you, the donor.
A Donor Advised Fund at Canada Gives is called a “Foundation account” and is easy to set up. You choose the name for your Foundation account, and can select the investment manager or advisor on the account. Once your Foundation account is set up, Canada Gives becomes your host administrator and will regularly report back to you. You and your family simply select the charities you wish to support every year.
If you are interested in creating your own charity click the link below.