Private Giving Foundation
The Private Giving Foundation is an independent public charity that provides a simple and effective way to support the causes that matter to you. It facilitates giving without the administrative complexities of establishing a foundation.

Benefits of giving through Private Giving Foundation:

Tax Efficiency
Eliminate capital gains tax when donating appreciated publicly traded securities. Get one tax receipt for all charitable donations made through Private Giving Foundation.

Simplifies your giving
Donate now and decide later to eliminate the pressure of selecting charities upfront.

Alternative to establishing a foundation
With a minimum irrevocable donation of $10,000, you get the same benefits of establishing a foundation without worrying about the governance and administration of running it.

A legacy of giving
An easy way to establish a charitable legacy of giving to support the causes that matter to you.

Family Involvement
Unite the family around shared values to make even more of an impact.

Getting started

Open a donor advised account

Start with an irrevocable contribution of $10,000 or more to Private Giving Foundation. You can donate cash, public traded securities, or mutual funds. The donated funds are invested in a special class of TD Greystone Private Balance Plus Fund.

Choose your charities and make a grant

You recommend the charities and the amount of the grant. Private Giving Foundation process the grant on your behalf.

Get your statements and annual tax receipt

Private Foundation will take care of the administrative details. You will receive a quarterly statement outlining all of the activity in the account including the market value.

Incorporating Private Giving Foundation in your planned gift

What is planned giving?

Planned giving is the process by which a donor or prospective donor establishes a philanthropic plan, formally deciding to leave a gift to a charitable organization upon their passing. 

Ways to incorporate Planned Giving into your estate plan:

Bequests

Leave a legacy by establishing a bequest to Private Giving Foundation in your Will. A charitable receipt will be issued to your estate.

Registered Accounts RSP/RIF/TFSA

Designate Private Giving Foundation as beneficiary of a registered account. By doing so, funds flow directly from the account to the Private Giving Foundation without passing through your estate, therefore eliminating probate and executor fees.

Life Insurance Policy

Name Private Giving Foundation as owner of a life insurance policy and you will receive a tax receipt for the premiums paid. Alternatively, name Private Giving Foundation as beneficiary of your life insurance policy and your estate will receive a tax receipt for the death benefit.

Benefits of using Private Giving Foundation to fulfil your planned gift

  • Ability to donate to various registered charities instead of just one and the flexibility to update your selected charities during your lifetime.
  • You do not have to open a Private Giving Foundation account during your lifetime to establish a planned gift. You can leave instructions in your Will for your executor to follow.
  • Ability to donate with a layer of privacy by donating under "Private Giving Foundation" or establish a legacy by using a family name I.e., "The Smith Family Foundation."
  • You can name a successor for your Private Giving Foundation account so that your successor i.e., children, can decide where do donate to during their lifetime.

Frequently Asked Questions

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