Create your own personal foundation today
Benefaction can help you to help your favourite charities. You can put all your charitable giving in one place with a Benefaction Donor Advised Fund. It is just like establishing your own charitable foundation, without all the hassle.
You can give to any charity at any time. Set up your foundation now with an Donor Agreement and donate by cheque or make a gift of securities.
So whether you’re looking to set up a foundation that will last a lifetime, helping your chosen charity in the short term, or just accumulating money to give back the way you want to at year end, Benefaction offers the flexibility to make your charitable donations as and when you wish.
Your own foundation in 3 easy steps
Start off your foundation with an initial donation of $25,000. You can give any amount to any charity at any time.
Your donation is invested by Benefaction into a separate account for your Donor Advised Fund with the objective of long term capital growth for your charitable purposes.
A portion of your fund is given to any registered Canadian charity or charities each year. You decide which charities receive grants from your Fund, how much and when. You can choose any registered Canadian charity you like.
Work with your advisor
You can have your existing financial advisor manage your donations for you. He or she can invest your donations to grow and build your foundation up over time. Use our Donor Agreement for this option or contact us for more information.