Charitable giving

Charitable giving can be a powerful way for you to create an impact for the causes that matter to you. It can also be a great financial tool as part of tax management and estate planning. An RBC Wealth Management advisor can help you include charitable giving as part of your overall wealth plans.

By including philanthropy and structured charitable giving in the wealth planning process, you can make a meaningful difference for your favorite causes or organizations today, tomorrow and well into the future.

Philanthropic advisory services

Supporting your advisor is RBC Wealth Management’s philanthropic advisory services team, a group of professionals with years of experience in philanthropic planning and the charitable sector. The team works closely with your advisor to identify strategies and solutions to align your charitable giving intentions with your wealth planning objectives and goals.

Define your giving plan

Giving back to the causes or organizations that are meaningful to you can be an integral part of your wealth planning. With you, or you and your family, we can help you define and fulfill your charitable objectives as part of your overall plans.

We’ll help guide you through options and strategies that may be suitable and offer potential tax advantages as part of your charitable giving. Whether during your lifetime or as part of your estate planning or wealth transfer, options may include:

Donation of appreciated securities
Donation of non-cash gifts
Charitable gift fund/donor-advised fund
Charitable bequests in a Will
Naming a registered charity as the beneficiary of certain plans and policies
Private foundation

While supporting your philanthropic passions, your trusted advisor will work alongside your qualified tax and legal professionals to ensure your circumstances are properly considered and the planning best suits your goals and objectives.

The RBC Charitable Gift 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 favorite charities over time and across generations.

Through this program, you donate to an individual charitable gift fund, which you can name. The fund is managed by your RBC advisor and administered by Charitable Gift Funds Canada Foundation. With your RBC advisor, you determine the timing of donations, which asset and how much to donate over time, in alignment with your financial plans. Learn more about the RBC (CGP).

Create your family legacy

For your family, philanthropic endeavors and charitable giving may involve multiple generations. Your advisor can work with the entire family to incorporate giving in a way that’s personalized for your goals and values, and that can evolve over time. This provides an opportunity to engage family members of all ages, and can help build and extend charitable values across generations.

Claudio Resciniti

Senior Portfolio Manager & Wealth Advisor

Claudio Resciniti has over 27 years of experience helping affluent families, corporations and foundations reach their financial goals. He began his career with the firm in 1996 as an Investment Advisor and, in 2001, was appointed Branch Manager of the Montreal Uptown location of RBC Dominion Securities. After building one of the country’s most dynamic and successful branches focused on ultra-high-net-worth clients, Claudio decided to return to working one-on-one with clients. Claudio and his team are committed to helping you manage the wealth needs of your family and business. He and his team practice a disciplined approach that considers your long-term investment objectives and tolerance for risk—with tax-efficiency at the core. Claudio was nominated Discretionary Branch Manager of the year in 2008. He is a Fellow of the Canadian Securities Institute (FCSI), a Portfolio Manager, and most recently, in 2014, a Wealth Advisor.

John Polcari

Senior Portfolio Manager & Investment Advisor

With over 27 years of experience in dealing with high-net-worth clients, John's goal is to make sure that the wealth management approach is customized to meet your unique situation. His experience as an accountant allows him to customize your portfolio to benefit from the best tax-efficient strategies. He takes great pride in providing you with sound investment advice and financial peace of mind. With so many new products on the market requiring extreme caution, John's experience and advice are more relevant than ever and invaluable to our team.

Adriana Polcaro

Senior Portfolio Manager & Investment Advisor

A portfolio manager to whom intellectual meticulousness is a priority. With over 38 years of experience in the securities industry, she is a passionate follower of the markets and devotes most of her time to its analysis. Adriana is deeply committed to the satisfaction of our clients. Her knowledge, dedication and experience enables her to establish a strong financial strategy to grow and protect your wealth in order to achieve your financial goals. She has a thoughtful and disciplined approach to portfolio management, taking measures to minimize inherent risks and inevitable fluctuations.