Donor Advised Funds

A Donor Advised Fund (DAF) is a tax-preferred charitable giving account, administered by a foundation. Individuals, families, or organizations may establish a DAF with an initial irrevocable donation of at least $100,000 to the Raymond James Canada Foundation, for which they receive a charitable receipt for the full amount. The contribution is invested and managed within a Raymond James Ltd. account. Donors may then recommend grants to qualified Canadian charitable organizations over time.

DAF Process

With a Donor Advised Fund you can:

  • Receive an immediate tax receipt and then make grants when you are ready
  • Donate cash, securities, and certain other financial assets and use the proceeds to support multiple charities
  • Teach the next generation about philanthropy and create a charitable legacy by naming successors to the account

A Donor Advised Fund can also provide significant tax benefits:

  • Control Over Timing of the Tax Benefit
    Use the tax credit now and decide which charities to support later
  • Capital Gains Tax Savings
    When donating securities which have appreciated in value, you may eliminate the capital gains on the appreciation
  • Tax-Free Growth
    Because the RJCF is a registered Canadian charity, the assets in a donor advised fund account grow tax-free, potentially leaving more money to give away

Download the Donor Advised Fund Program Guide (PDF)

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