The RBC Charitable Gift Program allows you to easily support causes that matter to you while benefiting from significant tax advantages.

RBC Wealth Management has partnered with Gift Funds Canada (GFC), a registered nonprofit charitable organization serving as a public foundation with the Canada Revenue Agency (CRA).

This allows us to offer you a solution to incorporate charitable donations into your wealth management plan. Through the RBC Charitable Gift Program, you contribute to a charitable donation fund that you've named in advance. This fund is managed by our team and administered by GFC. This allows you to make grant recommendations and additional contributions, which may be eligible for tax credits.

We can also implement strategies for your company involving gifts of securities. This can be an effective donation strategy for a company that has accumulated significant capital gains on its securities. The company could deduct the full fair market value of the donated securities from your donation fund, thereby reducing the total taxes payable and eliminating the capital gain on those donated securities. The full value of this eliminated capital gain would still be added to your company's CDA, increasing the tax-free amount payable to shareholders.

We invite you to contact us for more information about charitable giving and the various strategies available to you.