Businesses

If you own or run a business, Benefaction can help you establish a charitable giving program that embodies your mission to support social causes. When you establish a Donor Advised Fund with Benefaction, we will help to design and implement a giving strategy. Giving effectively – and sustainably – requires that you make a plan and then stick to it with informed choices. Your vision for strategic giving is more likely to succeed if you have a defined process in place, starting with a mission statement and specific objectives that govern both your giving and action plans coming out of your donation.


Research tells us that employees who donate their time and resources feel good about aligning with a cause they feel passionate about. This translates to a positive feeling about your company that has invested in its community and is making a difference. The end result is employee loyalty and retention, along with company ambassadors who will share their positive experiences with friends, family and business associates.

 

Benefits Of Establishing A Donor Advised Fund For Your Corporation

Benefaction - Tax Savings

Tax Savings

Your company will receive a charitable donation receipt when it donates to its fund. Plus, when securities are donated, the tax liability typically associated with the realization of accrued capital gains will be significantly reduced.

Benefaction - Efficiency

Efficiency

Achieve all the financial advantages and fulfillment that comes with establishing a private foundation for your organization, with significantly less cost and complexity.

Benefaction - Control

Control

With Benefaction, your team advises on how the donations are used and recommend who and how the assets will be managed. Throughout the process, your team is kept well-informed on the positive impact of the gift.

Benefaction - Employee Satisfaction

Employee Satisfaction

Employees who see their company trying to make a difference, and are able to participate in the process, exhibit higher employee loyalty and retention.

 

Selling Your Business?

The sale of your business is a key milestone in life, and it will often generate a significant tax bill in the year of sale. Charitable entrepreneurs should consider making donations in that year to help offset some of the tax liability. Learn more about Donations of Preferred Shares from Private Corporations.