Thursday, 17 December 2015

Starting a Donor Advised Fund to Begin a Legacy of Giving



There are many reasons to start a foundation. It is a way to help people that need help. It is also a way to make better use of your money but most importantly, it can be a legacy. You can start a foundation for yourself or your family and cement a heritage for years to come. One issue that people always struggle with is the complexity that come with starting and managing a foundation. Things are easy now with the option of donor-advised funds (DAF).

Common Types of Canadian Foundations



Philanthropy in Canada has always been vital to the relationships among Canadians and to the relationships that Canada has within the global community. The care and generosity that exists in the Canadian culture of philanthropy manifests itself in three common forms of registered charities as outlined by the Canadian Revenue Agency and the Income Tax Act.