Managing Assets
Once your client has opened a Canada Gives Foundation account and made a donation, our team will open an investment account to hold the assets with the donor’s choice of investment manager or advisor.
Both traditional and socially responsible investments can be selected for foundation assets, but there are strict guidelines as to how the total investment portfolio is managed, the quality of securities and diversification requirements.
The Board of Directors at Canada Gives is responsible for the management of the assets in the foundation accounts they oversee, and must fulfill their fiduciary duty as outlined in provincial regulation (Trustee Act). The Canada Gives Investment Committee has developed a Statement of Investment Policies & Goals (“IPS”) that complies with these regulations.
Under the current provisions, a trustee must exercise the care, skill, diligence and judgment that a prudent investor would exercise in making investments, while complying with an overriding duty to act prudently and reasonably. Acceptable investments include mutual funds and pooled funds, as well as separately managed investment portfolios with investment counsel firms. You may also establish your own separately managed portfolio and select the investments.
Contact us now for information on building a lasting philanthropic legacy.
Canada Gives Charitable Registration #83306 2144 RR0001.
You can find us in the Charities Directorate at www.cra-arc.gc.ca
Toronto | Collingwood | Edmonton
1 (844) 583-4483
Canada Gives offices are located on the traditional territory of Indigenous peoples dating back countless generations. We want to show our respect for their contributions and recognize the role of treaty making in what is now Canada. Hundreds of years after the first treaties were signed, they are still relevant today. We seek to do better, to continue to recognize, learn, and grow—in friendship and community, Nation-to-Nation.
Canada Gives Charitable Registration #83306 2144 RR0001.
You can find us in the Charities Directorate at www.cra-arc.gc.ca
Toronto | Collingwood | Edmonton
1 (844) 583-4483
Canada Gives offices are located on the traditional territory of Indigenous peoples dating back countless generations. We want to show our respect for their contributions and recognize the role of treaty making in what is now Canada. Hundreds of years after the first treaties were signed, they are still relevant today. We seek to do better, to continue to recognize, learn, and grow—in friendship and community, Nation-to-Nation.
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