BenefAction enables individuals, financial advisors and institutions to make a positive impact through planned giving. Our mission is to encourage philanthropy by helping Canadians maximize charitable giving while minimizing tax burdens. We’ll help you and your advisor by making it easy to add charitable giving to your overall wealth management plan.
Good for Individuals
Benefaction’s endowment (or donor advised) funds that enable individuals and companies to:
• Realize tax advantages through cash or securities donations
• Choose how their donations are applied and invested
• Receive reporting on the positive impact of their giving
Good for Advisors
Benefaction helps advisors and their firms demonstrate social responsibility by:
• Supporting charitable initiatives that fit with their business goals;
• Meeting the growing demand for philanthropic solutions; and
• Providing charitable giving solutions that support the clients’ investment objectives.
Good for the World
Benefaction facilitates meaningful results—for donors, wealth management partners and charities—through strategic partnerships forged out of a commitment to social responsibility.
BenefAction is a leader in helping Canadians make strategic giving an integral part of their wealth management plan. We focus on streamlining the grant process and providing tools and support to help Benefactors and their advisors work together to accomplish philanthropic goals while minimizing tax implications.
We pride ourselves on upholding the highest ethical standards, and we expect the same level of integrity and focus in each charitable organization we support. We believe in doing the right thing, the right way: Giving conscious consumers the opportunity to create meaningful endowments for the causes they value most.
BenefAction is a public foundation registered with the Charities Directorate of the Canada Revenue Agency (CRA). Benefaction is authorized to receive philanthropic donations, issue official donation receipts and make grants to registered charities and other qualified donees through the donor-advised funds and endowment funds we administer. Charitable Registration No. 80421 3759 RR0001.
Our organization consists of an experienced team, supported by consultants with a high level of expertise in both the financial and philanthropic arenas. We’re well-qualified to help you establish a Donor Advised Fund that complements your overall wealth management plan, so that you and your family can really make a difference.