Helping You Create a Lasting Legacy

  If you are considering how to give an enduring gift to a cause that is important to you, you have many choices.  Although giving one-time gifts, setting up a private foundation or going through community foundations are available as great options,  the RBC Charitable Gift Program is  convenient alternative to traditional charitable giving.  This program allows you the freedom to create and manage your own legacy program while being managed by our team at Mark Siemens Consulting Group.  This will ensure the program is managed in line with your goals today and into the future by a team that knows you.

The Charitable Gift Program

 

  Whether you want to help advance life-saving medical research, encourage educational efforts, sustain environmental initiatives, support the arts, or just help people in need, your charitable giving can have a real and lasting impact in your community or the world at large. If you have been considering how to create a lasting legacy and perhaps bring your family closer together through philanthropic giving, we invite you to consider the Charitable Gift Program offered by RBC Dominion Securities.

  A convenient way to create your legacy The Charitable Gift Program provides simple, efficient and tax-effective options to help you realize your philanthropic goals meaningfully and effectively while maximizing your grant-making flexibility. You can work closely with us to help ensure your gifts complement your overall wealth management strategy and support the charitable causes you favor in ways that are effective and enduring. Through the Charitable Gift Program, you can establish a charitable gift fund. This fund is a charitable giving vehicle created for the purpose of managing charitable donations on behalf of an individual, family or organization. Also known as a “donor-advised” fund, a charitable gift fund offers the opportunity to create an easy-to-establish, low-cost, flexible instrument for charitable giving, that is tailored to your philanthropic goals and values as a founding donor.

  You enjoy all the financial advantages and the personal satisfaction that comes with establishing your own private foundation, but without the cost and complexity. With a charitable gift fund, we enable you to focus on the pleasures of giving.


How does it work?

  You make an irrevocable contribution (minimum $25,000) to our program partner, Gift Funds Canada, to create a charitable gift fund. Gift Funds Canada is a public charitable foundation registered with the Canada Revenue Agency. You may then recommend an investment strategy from among approved, prudent investment options or, where appropriate, develop a custom-designed plan to match your philanthropic objectives. We handle all the investment details for even greater convenience.

  When you’re ready, you make grant recommendations to support your preferred charitable organizations. Our partner, the Charitable Gift Funds Canada Foundation, promotes grants to the widest possible variety of charities across Canada as long as these organizations are recognized as “qualified donees” by the Canada Revenue Agency. In many cases, your charitable gift fund becomes a family legacy that carries on for generations.

 

Important benefits

  When a charitable gift fund is established through the Charitable Gift Program, you:


●● Receive a donation receipt for the full value of all eligible contributions

●● Recommend an investment strategy for your charitable gift fund

●● Recommend grants from the fund to charities of your choice and on your own timetable

●● Turn over all administrative paperwork to our program partner

 

 

To learn more about the Charitable Gift Program options, please contact us.