How it Works
The Raymond James Charitable Giving Fund program offers you the opportunity to incorporate philanthropy seamlessly into your overall wealth management strategy. Unlike managing a private foundation, our program simplifies the process, delivering immediate tax benefits, potential growth for your contributions and the flexibility to support the causes you care about – all while we handle the administrative complexities.
With our team of specialists and your Raymond James advisor, we create a customized charitable giving plan tailored to your total wealth strategy and philanthropic goals.
Leave the legal, tax and operational details to us, so you can focus on the joy of giving back.
The vehicle
The charitable giving funds offered through the Raymond James Charitable Giving Fund program are donor advised funds. These tools are an accessible, effortless and effective way to give back – and one of the fastest-growing philanthropic options worldwide.
Here's why they stand out:
- Simple setup: Establishing a DAF is quick and hassle-free.
- Outsourced management: We handle all day-to-day administration for you.
- Immediate tax advantages: Receive a tax benefit right away, which can be used immediately or carried forward for up to five years.
- Privacy options: Grant out to qualified donees of your choice publicly or anonymously; it’s entirely up to you.
A legacy of Giving
The program
Through our streamlined process, supporting impactful causes has never been easier.
Give
Start your individual charitable giving fund with a donation of $100,000 or more in cash, marketable securities or other eligible assets. You’ll receive a charitable tax receipt for the fair market value of your gift, which can be used immediately or carried forward for up to five years. Additional contributions can be made anytime, and the fund can even be designated as a beneficiary in your estate or will.
Grow
With your Raymond James advisor, your donation will be expertly invested in alignment with the Raymond James Canada Foundation’s investment policy. The focus on long-term capital appreciation aims to grow the value of your gift, extending your philanthropic reach.
Grant
You have the freedom to recommend grants to registered Canadian charities that align with your passions and causes. Work with your Raymond James advisor to craft a strategic granting schedule – whether annually, semi-annually or in a customized cadence – ensuring thoughtful, impactful contributions without the pressure of year-end deadlines.
Why choose us?
Our charitable giving funds are flexible and easy to use, offering tailored benefits that set them apart from other philanthropic options:
- Confidentiality: Decide if you want recognition for your contributions or choose to give anonymously.
- Customization: Personalize your charitable giving fund with a unique name, such as the “Smith Family Foundation” or “Sunrise Fund”.
- Flexibility: There’s no lock-in period for any part of your donations, enabling you to make grants from your fund at any time.
- Simplicity: Establishing your fund is simple and efficient. We manage all administrative and reporting requirements, allowing you to focus on causes that matter most to you.
- Strategic tax benefits: Your donation provides an immediate tax receipt, with flexibility to claim it within five years, providing opportunities for year-end tax planning or reducing estate and capital gains taxes.
- Legacy-building: Continue your philanthropic vision into the future by appointing a successor advisor or leaving a letter of wishes for ongoing grant recommendations.