Retirement Planning Simplified

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Ep #26: Canada Gives and Donor-Advised Funds with Denise Castonguay

Donor-Advised Funds help philanthropists and their families fund their preferred charities however and whenever they want with the help of their advisors. Canada Gives offers the same choices and privileges as a private foundation but with lower costs. In this episode, Denise Castonguay, CEO and Founder of Canada Gives, will be joining the show to share the benefits of dealing with Donor-Advised Funds so that you have a clear idea of where your money is going.

Listen in as Denise explains when people generally start to think about using Donor-Advised Funds and what the right amount of money is to start one. You will learn how you can be more strategic and thoughtful with your giving, how easy starting a DAF is and so much more.

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What You’ll Learn In Today’s Episode:

  • What a Donor-Advised Fund is.

  • The difference between a Donor-Advised Fund and a foundation.

  • How Donor-Advised Funds take the challenges out of giving.

  • When people start to think about charitable giving the most.

  • How much someone needs to start a Donor-Advised Fund.

Ideas Worth Sharing:

“Donor-Advised Funds have more control over how the money is managed and dispersed.” – Denise Castonguay

“We recommend that $100,000 is a good sized amount for a Donor-Advised Fund.” – Denise Castonguay

“Donors can be more thoughtful and strategic in their giving and they can take time to develop a giving strategy… through a Donor-Advised Fund.” – Denise Castonguay

Resources In Today’s Episode:

 

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DISCLAIMER: Investment services are provided through Matthews and Associates Investments of Aligned Capital Partners Inc., an approved trade name of Aligned Capital Partners Inc © Cashflow Podcasting | cashflowpodcasting.com (ACPI). Only investment-related products and services are offered through ACPI/Matthews and Associates Investments of ACPI and covered by the Canadian Investor Protection Fund. Tax planning, financial planning and insurance services are provided through Matthews and Associates. Matthews and Associates is an independent company separate and distinct from ACPI/ Matthews and Associates Investments of ACPI. Matthews and Associates are not licenced tax professionals, and you should consult with your tax advisor before acting on any recommendations.