慈善事業

Unlike a registered charity which relies on donations from the public to support its charitable purposes, a private foundation is set up by an individual or family and makes grants to qualified donors, as defined by the Canada Revenue Agency. Generally, a private foundation doesn't conduct its own charitable operations but can make grants to fund the general operating expenses or specific programs of a registered charity or other types of qualified donees.

私人基金會享受免稅優惠。 The income earned on the assets held by the foundation grows tax free. This allows the foundation to increase its asset base and the amount of good that it can do. This is where legacy creation starts to begin.

Choosing between a donor advised fund and a private foundation depends on your philanthropic goals. Generally, a DAF is a suitable choice if you're seeking a low-cost, turn-key solution with minimal administration. It's also ideal if you're starting with a smaller capital amount or if you consistently donate to the same charities annually. Consider a DAF if you:

• Want to establish a fund with an accessible threshold amount ranging from $25,000 to $1,000,000
• Prefer not to manage the fund or its invested assets directly
• Desire a ‘named fund’ without the burden of administrative tasks
• Lack the time or inclination to review grant proposals, engage directly with grant-seekers, collaborate with other funders, or if you typically support the same charities each year

Getting involved in philanthropy by establishing a private foundation can be an exciting endeavour and a rewarding way to express your deepest values and aspirations, while also benefiting your community. 這也是一種教育子女有關慈善事業所扮演的角色，以及他們對於社區的責任的理想方式。這一切都始於確認您希望透過您的捐贈所表達的價值觀及慈善目標，以及將這些價值觀及目標轉為可付諸行動的計劃。 We have experts that can also assist you with developing a strategic granting program for your foundation.

Yes, the tax benefits are the same whether giving through a private foundation, public foundation, donor advised fund or an operating charity.