There are many reasons to start a
foundation. It is a way to help people that need help. It is also a way to make
better use of your money but most importantly, it can be a legacy. You can
start a foundation for yourself or your family and cement a heritage for years
to come. One issue that people always struggle with is the complexity that come
with starting and managing a foundation. Things are easy now with the option of
donor-advised funds (DAF).
Thursday 17 December 2015
Common Types of Canadian Foundations
Philanthropy in Canada has always been vital to the
relationships among Canadians and to the relationships that Canada has within
the global community. The care and generosity that exists in the Canadian
culture of philanthropy manifests itself in three common forms of registered
charities as outlined by the Canadian Revenue Agency and the Income Tax Act.
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