Donor Advised Fund - Leaving a Legacy
Donor Advised Fund (DAF) - Cost effective, tax efficient, and simple way to gift to causes you care about
- Establishing a Fund - Personalize your legacy by naming your fund
- Tax Credit - Receive a donation receipt and reduce tax by claiming the tax credit. Depending on your situation, the tax credit can be applied over a 5-year period.
- Grant Recommendations - Distribute funds from your DAF to registered charities or donees that are approved by CRA
- Invest for a Larger Impact - The assets in your DAF are invested and professionally managed. As the account grows, so does your ability to donate more.
- Successor & Donors - By naming a successor, your legacy carries on for generations. Additionally, family and friends can donate to your fund.