About Charitable Giving Funds
A fund at Tides is an easy and cost-effective way for you or your family to make a difference. It’s like having your own foundation - without the expense and hassle of managing an entire organization.
Your fund can be exactly what you want it to be. You can also explore ways for friends, family, or co-workers to help grow your fund to celebrate an occasion, commemorate a loved one, or support a favourite cause.
You:
- Decide what causes you want to support
- Create a name and purpose statement for your fund
- Recommend grants to charities and tell us when you want them to occur
We:
- Take care of all administrative details and requirements, fund management, and reporting
- Manage your grantmaking and make sure your funds are invested responsibly
- Help you determine whether your fund should be annual, long-term, or endowed as a legacy for the future
Efficiency and cost savings:
- When you donate highly appreciated securities to your fund you receive the maximum tax benefits allowed by law.
- You have no need to track receipts from multiple charities. We provide you with quarterly and year-end statements summarizing all the activity in your fund.
- Significantly more cost-effective than administering your own foundation.
Flexibility and personal involvement:
- You have the opportunity to time the distribution of grants to charities without the pressure of year-end deadlines.
- The charitable grants made from your fund can either acknowledge you or be made anonymously. The decision is yours.
A Sense of Community:
- Join a growing community of like-minded Tides donors.
- Benefit from invite-only opportunities to learn about cutting-edge environmental and social issues and solutions, trends, and best practices in philanthropy.
Personalized Strategic Counsel:
- You can take your charitable giving a step further and consult with Tides to create a high-impact, strategic giving plan customized to your unique philanthropic goals.
- Take advantage of the best advisory network in environmental and social justice issues to strengthen, expand, and inform your choices.
International Giving Services:
- Through our relationship with Tides Foundation in the US, we are able to offer our Canadian donors tax-efficient, streamlined services that assist with international giving.
Socially Responsible Fund Management
- All Tides funds are invested only in businesses and institutions whose practices are as consistent as possible with our shared mission to support social justice and environmental protection.
When you:
- Have decided to graduate to a more complex level of charitable giving and think you would benefit from the range of advisory, administrative, reporting, and investment management services that Tides offers;
- Have highly appreciated securities or property and want to avoid paying capital gains taxes;
- Are contemplating the sale or liquidation of your business and want to reduce your tax liability;
- Have a small private foundation and want to reduce the paperwork and costs;
- Have decided you want to give anonymously;
- Are preparing your will, establishing a trust, or designating a beneficiary for your retirement assets and want to pass on a legacy of charitable giving to your children.