About Canada Gives
A New Approach to Canadian Philanthropy
Canada Gives is a public foundation and registered charity, established in 2005 by Denise Castonguay to support the expansion of philanthropic foundations and increase long-term giving opportunities for donors to make their legacy count in Canada and abroad.
Canada Gives offers committed philanthropists the most flexible and administratively simple way to support funding of their preferred charities through our customized Donor Advised Funds (DAFs). Most of our DAFs operate as family foundations, giving donors the ability to fund their preferred charities to meet immediate needs, as well as creating a long term funding base to support charitable programs each year.
Our unique philanthropic foundation administration platform enables donors in Canada to allocate any gift between today and tomorrow’s funding and build a high-impact foundation.
Our Donor Advised Funds (also called “Foundation accounts”) allow a donor the same financial and philanthropic choices they would make with a separately registered private foundation – but with a much more flexible structure. At Canada Gives, each donor can select their own investment advisor to manage the assets in the Foundation account; they can recommend the registered charities that receive disbursements from the Foundation, and how much each should receive. Canada Gives ensures their choices follow CRA policies, and provide full administration and reporting services.
Our staff are also available to work with each donor client to determine their giving profile, and help them move from simply chequing writing to becoming committed foundation funders, highly valued participants in the not for profit sector.
Canada Gives Clients can
Access Grant Connect
Many active Canadian foundations select and fund charities through a grant application process. Now Canada Gives Donor Advised Funds known as Foundation Accounts can join these leading funders in the not for profit sector through Grant Connect, an innovative research tool developed by Imagine Canada. Canada Gives offers the only Donor Advised Funds that can access Grant Connect.
If you choose to list your Canada Gives Foundation Profile in Grant Connect describing your funding interests, any restrictions and preferences, your mission statement and measures of success, your Foundation can receive requests from charities through a grant application.
A grant application is a simple, standardized way to learn more about charities whose work aligns with your interests, and empowers you to evaluate whether or not you’d like to support them. All while maintaining strict privacy for you. Canada Gives acts as the intermediary contact for all requests.
Support for Global Giving
In 2012 Canada Gives expanded its charitable giving services to include funding for projects outside of Canada, through the Canada Gives Global Projects Initiative Program aimed at relieving poverty in developing countries. This is an ideal solution for donors that have philanthropic interests with non-Canadian charities but have previously been unable to benefit from Canadian tax considerations. Through a qualified Intermediary Contractor, Canada Gives provides the oversight and control to ensure funding is spent appropriately, activities are monitored and ultimately that foreign charitable projects are completed. Our goal is to ensure the project is designed to include sustainability with real outcomes and measurable results.
For information on how to start a foundation using Canada Gives’ unique donor advised fund structure, what is a foundation or to answer questions about your own philanthropic objectives for a foundation, please contact us today.