• Reasons to Start a Private Foundation in Canada

  • Dec 1 2024
  • Length: 5 mins
  • Podcast

Reasons to Start a Private Foundation in Canada

  • Summary

  • In this episode we explore the advantages of establishing a private foundation in Canada.

    Key benefits include maintaining control over donated assets, engaging family members in philanthropic activities, and customizing supported charitable causes.

    Additional advantages are operational flexibility, building a sustainable asset base, enhanced privacy, and the potential for increased public recognition.

    Bottom line: private foundations are a powerful tool for impactful and enduring charitable giving.

    This episode is sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm serving charity and not-for-profit clients across Canada with registration and governance, and B.I.G. Charity Accounts Group, a bookkeeping firm serving Canadian charities with all their financial and tax filing needs.

    https://www.charitylawgroup.ca/
    P: 416-488-5888

    https://www.charityaccountingfirm.ca/
    P: 289-301-8883

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