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Create a lasting legacy through a charitable gift fund
Our Charitable Gift Program is designed for individuals and families
wishing to support charitable causes in a meaningful way, without the time
and cost associated with establishing a private foundation or endowment
fund. It is an easy, convenient way to support charitable causes, today and
in the future, while receiving important tax benefits.
Through this program, you can make initial and ongoing contributions to
a charitable gift fund managed by the Charitable Gift Funds Canada
Foundation (CGFCF), one of the leading charitable foundations in
the country.
Key Features and Benefits of the Charitable Gift Program
- Contribute cash, appreciated publicly listed securities or other
assets to the fund, then recommend grants to the charitable organizations
of your choice
- Make a deferred contribution by naming your fund as the beneficiary
of a charitable bequest, a life insurance policy, a qualified registered
retirement plan, a charitable remainder trust or another existing private
foundation
- Receive an official charitable donation receipt for the full fair
market value of your contribution
- Enjoy simplified, comprehensive administration of your charitable
gift fund
- Give your fund a unique name that reflects your family’s
legacy
- Name grant advisors and successors to your fund so your
family’s legacy continues
- Make recommendations on how account earnings are distributed to
your favourite charities throughout your lifetime and, if desired, in
perpetuity
- Recommend an investment strategy for your contributions, choosing
from a range of options professionally managed by RBC Dominion Securities
- Take advantage of any asset growth within your account by
recommending increasingly larger charitable grants in the future
The Charitable Gift Program could be ideal if you:
- Need a charitable giving solution that allows you to make a lasting
gift, but you prefer to be free of all administrative obligations
- Want to able to recommend which charities receive grants
- Want to take advantage of the tax benefits of a charitable gift
fund, including the ability to donate appreciated securities such as
shares without paying capital gains tax
Take the next step…talk to an advisor.
Our Investment Advisors are here to help recommend the solutions that
are best for you. To learn more, please
contact an advisor today.
Or, ask an advisor to contact you.
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