Establish Your Own Fund
If you think a Donor Advised Fund is for you, Benefaction makes it easy, cost-effective and tax- efficient for you and your family to make a difference. It is like having your own foundation— without the expense and hassle of managing an organization. We can help you and your advisor find solutions aligned with your planned giving objectives.
Talk to your advisor today, or call us to learn more about establishing your own fund.
Contact info@benefaction.ca or call 1-866-514-2612.
How It Works
To set up a Donor Advised Fund, you follow the same process whether selecting a registered charity, a qualified donee, or from one of Benefaction’s Charity Portfolios.
1. You and your family choose a name for your fund, select the charity or charities
you want to support and advise how to invest the money in your fund.
2. Benefaction issues you a donation receipt.
3. Your donation is invested, usually for a 10 year period, during which only a
portion is allocated for charitable purposes, leaving the original donation invested.
4. Benefaction provides regular reporting on fund activity and the good your
grants are doing.
Donate cash, securities, life insurance, and gifts from your estate to your fund, or invite family members, friends and colleagues to get involved in your cause by making a donation
to your fund.
You can find our donation forms and documents here.
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