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If you are contemplating expanding your charitable giving, you generally have three options:
- Direct giving: Donor makes gifts directly to each charity, receiving individual receipts for each donation made.
OR
- Open an advised fund at a public foundation: Donor opens a fund at a public foundation and makes donations and recommends grants through the fund.
- Establish a private foundation: Donor incorporates a private foundation and make donations and grants through it.
These options have different unique advantages that should be considered when making decisions about how to best meet your charitable and financial goals.
Tides holds and manages nearly 200 Charitable Giving Funds for individuals and organizations across Canada and the U.S. Since we began operations in December 2000, Tides donors have recommended grants from their funds to social justice and environmental charities totalling nearly $45 million.
As well as managing Charitable Giving Funds for our donors, Tides Canada also offers management services for existing private foundations.
To further discuss which of these options best meets your needs, please contact:
Tricia Cummings Client Services
604.6476611 ext 243 or 1-866-843-3722
triciaAT tidescanada.org |