Having the means to live well is important; making a meaningful difference is life changing.

Make A Difference

Benefaction is a charitable public foundation with a mission to encourage philanthropy by helping Canadians maximize charitable giving while minimizing tax and administrative burdens. We help individuals, corporations and their financial advisors make a positive impact through planned giving with our Donor Advised Funds (DAFs). Benefaction makes it easy to add charitable giving to your overall wealth management plan.

How It Works

Gift

Start off your fund with an initial donation of $25,000 or more and choose a name for it. Donate cash, public securities, private company shares, or insurance policies and you will receive a tax receipt from Benefaction to help reduce your tax burden.

Grow

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. DAF funds grow tax free in a balanced portfolio.

Grant

A portion of your fund is given to registered Canadian charities each year. You decide which charities receive grants from your fund, how much and when. Benefaction approves your grant recommendations and makes payments to your chosen recipients.

The Process

Want to understand our process? Check out the video beside and for more details on the tax advantages of gifts of publicly listed securities, check out our explainer video here.

“Our Donor Advised Fund (DAF) at Benefaction Foundation has allowed us to support the organizations we hold most dear, without the administrative burden and complexity of doing it ourselves. Our fund also positions us to provide a managed legacy of giving after we are gone”

— Alan & Lynn, Ontario