Donor Advised Fund

Strategic Giving Made Simple

Benefaction Foundation helps donors make a meaningful difference through simple, tax-effective charitable giving solutions. A Donor Advised Fund at Benefaction Foundation allows you to manage your charitable giving strategically, efficiently, and with flexibility — while creating a lasting legacy. Whether your goals are personal, family-oriented, or business-related, a Donor Advised Fund allows you to manage your philanthropy strategically while building long-term impact.

Having the means to live well is important. Making a meaningful difference is life-changing.

What is a Donor Advised Fund?

A Donor Advised Fund (DAF) at Benefaction is like establishing your own private foundation - without the administrative burden.

As a national public charitable foundation, Benefaction provides a channel for donating to registered Canadian charities and qualified donees, allowing you to remain actively involved in recommending grants. We handle administration, reporting, and regulatory compliance.

How It Works

Benefaction - Gift

Gift

Complete a Donor Agreement, choose a name for your Fund and appoint successors.

Seed your Fund with a minimum $25,000 donation. Upon receipt, Benefaction issues a donation tax receipt.

Benefaction - Grow

Grow

Your donation is invested in a separately managed account guided by your recommended Investment Advisor. Contributions of cash, securities, life insurance, or estate gifts are welcome over time, and family, friends, and colleagues may also contribute and receive tax receipts.

Benefaction - Grant

Grant

You recommend grants to registered Canadian charities and qualified donees, subject to Benefaction's Grants Policy, with a minimum annual distribution of 5% after the first year. You may appoint successors to continue your giving, or Benefaction will carry out your expressed wishes.

Why Benefaction?

Benefaction is a national charitable Public Foundation with an independent Board of Directors composed of leaders in the financial, tax, and charitable sectors. At Benefaction, we:

  • Facilitate the flow of funds to registered Canadian charities and qualified donees

  • Provide full Fund administration, tax receipting, quarterly donor reporting and grant notifications. Ensure all regulatory requirements are met

  • Support complex charitable gifts, including securities, bequests, life insurance, employee stock options, and private company shares

  • Partner with Investment Advisors nationwide, allowing your assets to be managed by the team you already trust

How It Works

Designed for Legacy and Family Engagement

Your Fund can:

  • Be named to reflect your family or values

  • Appoint successors to continue recommending grants

  • Integrate into estate planning

  • Involve children and future generations in structured philanthropy

Benefaction ensures your motivations and vision are clearly documented and respected.

Types of Gifts Accepted

Benefaction facilitates a wide range of charitable contributions, including:

  • Cash

  • Publicly traded securities

  • Private company shares

  • Life insurance

  • Bequests

  • Employee stock option proceeds

We assist with planning significant and complex gifts to ensure efficiency and compliance.

Fees

Fees are charged on each donation to the DAF based on cumulative donations over time and incrementally based on the market value of assets.

Investment management fees also apply and vary based on the investments selected. There is a $125 annual fee, collected quarterly at $31.25. A minimum annual fee of $125 applies to funds that fall below the $25,000 minimum donation threshold.

Let’s Chat

info@benefaction.ca
416-915-0700
Toll Free: 1-866-910-8227

Head Office: 83 Harbord St. Toronto, ON M5S 1G4