Focus on Giving not Administration. Convert your existing foundation to Canada Gives
As a dedicated philanthropist managing a private foundation, you understand the importance of active and sustainable charitable giving.
A Canada Gives Foundation account allows you to have all of the executive privileges that you enjoy with a private foundation, but with the added benefit of privacy. In addition, managing a private foundation requires that you focus your time on administration, governance, tax and legal issues.
If you would rather put your time and resources towards selecting and supporting the charities receiving your grants on a confidential basis, and spend more time engaging with the key charities of your choice, consider converting ... with Canada Gives.
The Benefits of a Foundation Conversion Plan
- Once you create your personal or family foundation account, Canada Gives acts as your "host" administrator.
- Canada Gives will report to you quarterly, process new donations and provide tax receipts, manage the disbursement quota obligations, monitor investment managers, distribute grants and track receipts.
- You decide how much to grant each year, select the charities to receive grants, and spend more time with the charities of your choice.
- Any outstanding or future pledges will be accommodated.
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Here's How a Foundation Conversion Plan Works:
An Easy Transition without interrupting Your Philanthropic Activity
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