Aligning your charitable intentions with meaningful impact

 

Make a difference for the causes and organizations you care about. Discover how a structured plan for charitable giving can encompass your values and complement your wealth and legacy planning.

 


Charitable giving can be a powerful way for you to create a legacy and carry your family name into the future. It’s a unique, highly personal and rewarding experience. There are no right or wrong decisions when it comes to the focus and purpose of your giving — it’s about finding the right fit for you and your goals.

Charitable giving can also be an effective financial tool as part of tax management and estate planning. Working with our Philanthropic Advisory Services team, we can help you incorporate charitable giving into your overall wealth plan.

Our charitable giving solutions may be helpful for:

  • Developing a personalized giving plan
  • Identifying the most effective assets to donate to realize your charitable giving goals (e.g. appreciated securities, life insurance, shares acquired through employee stock options)
  • Formalizing your charitable giving through a giving vehicle. This may include:
    • RBC’s Charitable Gift Program
    • Establishing a charitable trust
    • Creating a private family foundation
  • Creating a charitable giving strategy
  • Engaging your children, grandchildren, and/or other loved ones in your charitable giving
  • Understanding how to effectively conduct due diligence on charities that align with your charitable giving goals
  • Creating a budget that enables you to support one — or several — causes that are important to you

To learn more about integrating charitable giving into your wealth planning, please contact us.

RBC Charitable Giving Program (CGP)

This program is specifically designed for individuals and families who want to support charitable causes in a meaningful way, without the time and costs associated with establishing a private foundation. The RBC CGP provides an efficient way to give during your lifetime and/or from your estate that combines immediate tax benefits with the flexibility to support your favourite charities over time and across generations.

Through this program, you can make initial and ongoing contributions to the charitable gift fund administered by Charitable Gift Funds Canada Foundation. Working with us, you determine the timing of contributions, which asset and how much to contribute over time, in alignment with your financial plans, and the funds remain invested with us.