The Donor-Advised Fund is Evolving, so is Who It’s For?
By John Bromley Donor-advised funds (DAFs) can sound more complicated than they are. In practice, a DAF is remarkably simple: it’s an account you open to manage your charitable giving. Think of it as a kind of savings account, only this one is for giving back. In a world where …
Legacy Giving Meets its Match: Inspiring the Future Today
By Kimberley Blease Some of the biggest challenges in legacy marketing are inspiring a supporter to have a conversation about their vision for the future, about making their own legacy gifts, or providing confirmation that a legacy gift has been included in their estate plans. For most charities, over half …
How Donors Choose to Give
By Leanne Kaufman Many Canadians have charitable intentions. In my role, we are seeing a significant increase in clients wanting to learn more about how they can be strategic in their charitable giving in life and in their estates. They not only want to develop a philanthropic strategy, but they …
Canada’s Legacy Giving Revolution: Billions For Charities and We’re Just Getting Started!
By Laurie Fox We have a lot to be proud of when it comes to charitable giving in Canada. As a country, we have a deep-rooted culture of generosity, and it’s now extending beyond our lifetimes. More and more Canadians are embracing the idea of leaving a charitable gift in …
National Philanthropy Day: BMO Private Wealth Offers Tips for Preparing Heirs
Second volume of the digital magazine explores ways to establish a family culture of stewardship and philanthropy TORONTO, ON–Anticipating a $1 trillion transfer of wealth over the next decade – the largest 10-year wealth transfer in Canadian history (see “A Sudden Windfall”, BMO Wealth Insights, 2018) – BMO Private Wealth …