Skip to Main Content
  • CIBC.com
  • CIBC Private Wealth
  • CIBC Websites
Client Login
  • Home
  • About us
  • Services
    • Our solutions
    • Portfolio management
    • Wealth management
  • Market insights
  • Community
  • Testimonials
  • Contact us
  • CIBC.com
  • CIBC Private Wealth
  • CIBC Websites
  • Client Login
 CIBC Private Wealth, Wood Gundy  CIBC Private Wealth, Wood Gundy

Jake Brumby

  • Home
  • About us
  • Services
    • Our solutions
    • Portfolio management
    • Wealth management
  • Market insights
  • Community
  • Testimonials
  • Contact us

Community

Address 730 View Street 9th Floor Victoria BC, V8W 1J8
Telephone Number (250) 361-2248
Email Email us
Email Email
Telephone Number Tel

Community

Giving back


In today’s world of heightened social awareness, the desire to make a difference is quickly gaining momentum. You may be viewing your personal wealth as a means to live well and as a way to create a meaningful legacy for future generations. Whether you wish to support the arts, conserve natural resources, advance medical research or help the world’s underprivileged children, giving back speaks volumes about who you are and the values you hold dear.

 

In addition, there are many financial benefits to charitable giving. 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.

 

The CIBC Giving Back Program has made it easier and more efficient to donate to the causes that are important to you. Simply open a donor advised fund account with a contribution of $25,000 or more, and recommend the charities that you would like to receive grants from your Fund. We take care of the rest.

 

It’s like having your own charitable foundation

For many Canadians, charitable giving is an important aspect of our lives. There are many different ways to give: donating through campaigns, volunteering your time, or giving directly to different charities. However, many individuals are looking for a more strategic and tax-efficient way to achieve their philanthropic goals.With the CIBC Giving Back Program, you can enjoy all the financial advantages and personal satisfaction that comes with creating an enduring legacy through a donor advised fund. A donor advised fund is like having your own charitable foundation with significantly lower costs and complexity.You receive tax benefits on your donation. You choose how the assets are managed from our list of eligible investment options. And you recommend which of your favourite charities should receive grants.Meanwhile, we take care of handling all the administrative details and providing you with regular, measurable feedback on the positive impact of your donation.

 

Inspire change in the future

  • Donate cash and receive a tax credit in an equal amount

  • Donate securities and receive a tax receipt for the fair market value of the securities

  • Bequest funds to your donor advised fund as part of your Will

  • Donate an RRSP or RRIF by naming your donor advised fund as the plan’s beneficiary

  • Give the proceeds of the life insurance policy during life or upon death

  • Invite family, friends and colleagues to get involved in your cause by making a donation to your Fund.

 

How the CIBC giving back program works

CIBC has partnered with Benefaction Foundation, a Public Foundation registered with the Canada Revenue Agency, to provide you with a charitable giving solution of the highest quality. This partnership allows you to benefit from the professional investment advice of your CIBC Advisor, and have the peace of mind that comes with knowing that all of the administrative responsibilities are taken care of by Benefaction Foundation.

  1. Choose a name for your Fund, and establish the Fund with an initial contribution of $25,000 or more. You can donate cash, publicly listed securities, life insurance policies and gifts from your estate through your Will.

  2. Select the charities you would like to support.

  3. A charitable tax receipt will be issued for the value of your donation.

  4. Your Fund will be administered by Benefaction Foundation and your donation will be invested and professionally managed by your CIBC Advisor.

  5. You will be kept posted on the status of your Fund. You will receive a quarterly report outlining the granting activity and current value of your Fund.

 

All of the details are taken care of:

  • A tax receipt is issued when you donate to your donor advised fund

  • Grants are distributed to your chosen charities

  • The administration of your Fund is managed by Benefaction Foundation

  • The investments in your Fund are professionally managed by your CIBC Advisor.

 

Benefits from giving back

Relying on the expertise of your CIBC Advisor and our Benefaction Foundation partners can help make sure that your personal giving strategy delivers all the benefits it should, such as:

  • Focusing your giving on causes that matter the most to you

  • Ongoing professional investment management•Integration with your overall wealth and estate plans

  • Ability to create a legacy for future generations

  • Maximized tax efficiency

 

How our team gives back

Victoria General Hospital

Our biggest donation went to the Victoria General Hospital to purchase a Pediatric Ventilator. We were very excited to present this cheque along-side some of the Victoria Royals Hockey Team Members.
 

Team holding a cheque

Help Fill A Dream Foundation

Help Fill A Dream provides hope, help and happiness for Vancouver Island and the Gulf Islands' children under the age of 19 with life-threatening conditions by fulfilling their Dreams, improving their Quality of Life and assisting their families with care and financial support.
Learn more about Help Fill A Dream.

Jake Brumby with Help Fill A Dream FoundationJake Brumby with Help Fill A Dream Foundation

Victoria Youth Empowerment Society

An organization committed to helping kids get off the streets. In support, our team was the Presenting Sponsor at last year's, as well as, this year's Souper Bowls of Hope event.

Learn more about Victoria Youth Empowerment society

Jake Brumby and woman standing next to Bowls of Hope bannerBowls of Hope banner

Kidsport Greater Victoria

A non-profit organization that provides financial assistance for kids to participate in various organized sports. In support, our team annually donates and participates in various KidSport campaigns.
Learn more about Kidsport Greater Victoria.

 

 

 
 
  • Rates
  • FAQ
  • Agreements
  • Trademarks & Disclaimers
  • Privacy & Security
  • CIRO AdvisorReport
  • Accessibility at CIBC
  • Manage Cookie Preferences
  • Cookie Policy
 Canadian Investment Regulatory Organization  Canadian Investor Protection Fund

CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.