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Tides Canada offers two types of funds – Giving Funds and Legacy Funds.
Giving Funds are for individuals or organizations who wish to have maximum flexibility with their funds. You can make an immediate impact with your charitable dollars.
Legacy Funds are for individuals or organizations who wish to have a long-term horizon for their philanthropy. Over time, your fund will grow and provide ongoing support to your favourite charities.
|Giving Fund||Legacy Fund|
|Minimum to Open||$5,000||$25,000|
|Overhead Allocation||Donations less then $1,000:
6% of the value of the donationDonations $1,000:
1.75% of the value of the donation
|1.75% on first $500K of the fund balance1% on all additional funds|
|Interest||None||100% to the fund|