Individuals

Whether you wish to support the arts, conserve natural resources, advance medical research or help a disadvantaged family, Benefaction will help you give back to the causes you hold dear. Benefaction provides simple, smart and tax-effective ways to help make your philanthropic dreams a reality. With a Benefaction Donor Advised Fund, your advisor can continue to help ensure your gifts complement your overall wealth management strategy and supports your cause in a way that is effective and lasting, and engages your family along the way. Visit the Resources and FAQ pages for detailed information on how our DAFs work. At Benefaction, we support our donors by adhering to the Association of Fundraising Professional’s Donor Bill of Rights.

 

Benefits Of Establishing A Donor Advised Fund

 
Benefaction - Tax Savings

Tax Savings

You will receive a charitable donation receipt when you donate to your fund. Plus, when you donate securities, 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 personal fulfillment that comes with establishing your own private foundation, with significantly less cost and complexity.

Benefaction - Control

Control

With Benefaction, you advise on the charities you would like to support. You recommend on who and how you would like to manage the assets. Throughout the process, you are kept well-informed on the positive impact of your gift.

Benefaction - Legacy

Legacy

Create lasting change by adding to your fund over time. Place a bequest in your Will, donate an RRSP or RRIF, or transfer a paid-up life insurance policy. You can also invite your family and friends to contribute to your fund and get involved in your cause.

Testimonials

  • "Benefaction facilitates our family fund by managing our grants, growing our fund tax free and allowing for tax savings and ongoing giving through our own estate planning and wills. What a wonderful combination of advantages for anyone who wants to give back or "pay it forward"! Thank you to the Benefaction team." - Bradford Fund

  • "Our Fund was established to allow the 11 members of our family (aged 14 to 80) to focus their individual giving and build knowledge of the charitable sector. Benefaction has helped facilitate our family giving." - Sjogren Family Fund

  • “My spouse and I have gotten our children involved in selecting charities for ongoing support. Our DAF has been a great opportunity for us to share our values about giving back to very worthwhile causes and organizations.” — Anonymous

  • “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, ON

  • “What I like most about a DAF is the flexibility in naming a donor for particular donations. Sometimes we prefer an anonymous donation, or a donation from husband or wife or a donation from husband and wife or a donation from the family. All combinations are allowed” — Karl, ON

  • “We very much appreciate the tax advantages of transferring appreciated assets to our Benefaction DAF. We also appreciate not having the administrative costs and responsibilities associated with managing a private foundation. Benefaction has been a very convenient and cost-effective solution for us.” — Anonymous

  • “The service from the Benefaction team is excellent, with grant requests executed promptly. They are a joy to work with. Reporting on the activity within our DAF is also very timely and well presented” — Anonymous