In today's world of heightened social awareness, the desire to make a difference is quickly gaining momentum and affluent Canadians are increasingly looking for ways to give back to society. Charitable giving provides clients the sense of satisfaction that comes from knowing they have helped a cause they feel strongly about.
There are many benefits to charitable giving, from the satisfaction of giving back to the community and helping those in need, to the tax credits that can provide significant tax relief during your lifetime and minimize future taxes payable by your estate. Whatever your objective, choosing to support a charity is an important and personal decision that can make a positive impact on your cause, your charity and yourself.
How Can You Make a Difference?
There are many different ways to give: donating through campaigns, volunteering your time, or giving directly to different charities.
If you donate directly to a charity, the charity receives the gift immediately. As a donor, you have no future obligation, commitment or control over your donation. Alternatively, you can strategically organize your charitable giving to achieve your philanthropic objectives and create a lasting legacy for generations to come either through creating a private foundation or setting up a donor advised fund.
CIBC Wood Gundy Giving Back is a donor-advised fund program offered through our partnership with BenefAction Foundation, a charitable public foundation registered with the Canada Revenue Agency. To learn more about our CIBC Wood Gundy Giving Back program, please contact our office.
Charities that our team is involved with
Our team is actively involved in the community. Calvin is actively involved with the Ronald MacDonald House and happily volunteers his time and excellent cooking skills to the families of children staying in the hospital. He is also a member of the Big Brother organization that helps single parent children. Calvin generously gives to the Miracle Day charity which benefits children all across Canada (the world).
