Client Philanthropy

 

Philanthropic Foundations: The Easy Way

 

The CIBC Wood Gundy Giving Back Program.

 

It is like having your own charitable foundation with lower costs and complexity.  Many individuals make bequests as part of their estate plan.  However, there are tremendous opportunities that present themselves while you are alive to enjoy them.

Benefits for you:

1) Simplicity

• Consolidates your charitable giving, tax reporting and record-keeping

2) Tax advantages

• Receive an immediate tax receipt for your donation

• No capital gains taxes on gifts of appreciated publicly-listed stocks, bonds, mutual funds and segregated funds

• Can offset a large tax liability that occurs in a particular year and disperse over time

3) The ability to give more to charities over time

•  Potential to see your charitable dollars grow, which ultimately means more granted to your favorite charities

4) Flexibility

• In recommending which charities will benefit from their gift

5) Legacy

• Teach your family about philanthropy