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Succession Planning with a Twist

“I wish I had known about Abundance Canada before I set up my private foundation.” This is a phrase we often hear when a client transfers their private foundation to an Abundance Canada donor-advised fund. Inspired to share their wealth and wanting to create a lasting legacy of generosity, many people establish private foundations, only…

EFT Enrolment

Information for Charities Authorizing Electronic Fund Transfers (EFT) Abundance Canada has upgraded our software to transition our grants from paper cheque to electronic payments. To receive electronic fund transfers (EFTs), the charity will need to complete the authorization form below. Some of the advantages of this transition include: Faster grant processing and payment delivery Prevents…

A gift to charity can save you thousands on capital gains taxes

Do you own shares in a demutualized insurance company? Demutualization is a process by which a member-owned company, such as a co-op, or a mutual life insurance company legally changes its structure, in order to become a publicly traded company owned by shareholders. Recently, Economical Mutual Insurance Company demutualized and became Definity Financial Corporation (trading…

Abundance Canada vs Private Foundation

What’s the difference? Abundance Canada is a registered public foundation that offers different charitable giving options and benefits than a private foundation. Here are some of the comparisons. Next Steps Established in 1974, Abundance Canada envisions a world where everyone lives generously, because we believe generosity changes everything®. To learn more about creating your Generosity…

Abundance Canada Privacy Policy

Abundance Canada Privacy Policy At Abundance Canada, respecting privacy and personal information has always been an important part of our commitment to our clients, volunteers, employees, and contractors. That is why we have developed the Abundance Canada Privacy Policy. The Abundance Canada Privacy Policy is a statement of principles and guidelines regarding the minimum requirements…

A More Wonderful World

Summer is a time to relax and play! Whether we’re visiting a far-off place, heading out to the lake, or just spending some time in our own back yard, summer affords us the time to pause and be grateful for this wonderful world we live in. Time to Appreciate What We Have The beauty of…