Charitable Giving Strategies
Empowering Generosity, Maximizing Impact
At Arthur Wealth Management, we guide individuals, families, and business owners in giving thoughtfully—optimizing both their philanthropic influence and financial outcomes. Whether your goal is to support meaningful causes, reduce your tax burden, or establish a lasting legacy, our personalized charitable giving strategies ensure your generosity aligns seamlessly with your financial objectives.
Why Charitable Giving Matters
- Create Meaningful Change – Support causes that reflect your personal values and vision.
- Reduce Your Taxes – Utilize strategic giving methods to achieve valuable tax savings.
- Leave a Lasting Legacy – Structure your wealth to make an enduring difference for future generations.
- Integrate Philanthropy with Your Financial Plan – Ensure your charitable efforts complement your broader financial strategy.
We simplify the process, helping you give wisely to enhance your financial wellbeing and charitable impact.
1. Donor-Advised Funds (DAFs)
A Donor-Advised Fund (DAF) allows you to donate now, receive an immediate tax deduction, and grant funds to charities over time.
✔ Receive an immediate tax receipt when you contribute
✔ Invest your donation for potential tax-free growth before gifting
✔ Decide when and where to grant funds at your convenience
✔ Ideal for structured, long-term charitable giving
A DAF is particularly beneficial for high-income years when you want to reduce taxable income while giving strategically over time.
2. Donating Securities
Instead of donating cash, consider gifting stocks, mutual funds, or ETFs. This method eliminates capital gains tax while allowing you to claim a charitable donation tax credit on the full market value.
✔ Avoid capital gains tax on appreciated investments
✔ Receive a larger tax deduction than a cash donation of the same value
✔ Increase your charitable impact at no additional cost to you
If you hold publicly traded securities that have significantly appreciated, donating them directly to charity is one of the most tax-efficient ways to give.
3. Life Insurance as a Charitable Gift
You can turn life insurance into a powerful charitable tool by naming a charity as the beneficiary or donating an existing policy.
✔ A cost-effective way to leave a significant legacy
✔ Receive immediate or future tax benefits, depending on how the policy is structured
✔ Ideal for donors who want to make a large impact with minimal upfront cost
Options include donating a fully paid-up policy, transferring ownership of an existing policy, or purchasing a new policy with the charity as the beneficiary.
4. Canada Pension Plan (CPP) Gifting Strategy
Many retirees don’t realize that they can redirect a portion of their CPP benefits toward charitable giving, reducing their taxable estate while leaving a meaningful legacy.
✔ Use CPP income to fund ongoing donations without impacting your lifestyle
✔ Reduce taxes on retirement income while supporting causes you care about
✔ Structure donations in a way that benefits both you and your heirs
For retirees who don’t need their full CPP income, gifting through structured donations can enhance tax efficiency and estate planning.
The G.I.F.T. Giving Framework
A structured approach to charitable giving that aligns your generosity with your financial goals, maximizing impact and tax efficiency.
We believe that giving should be purposeful, strategic, and tax-efficient. Our G.I.F.T. Giving Framework helps individuals, families, and business owners integrate philanthropy into their financial plans—ensuring their generosity makes a lasting impact.
G – Gather Your Values & Philanthropic Goals
Before making a donation, it’s essential to define your giving vision.
✔ Identify the causes and charities that matter most to you
✔ Define the impact you’re looking to achieve
✔ Determine whether you want to give now, throughout your lifetime, or as part of your estate plan
Giving should be intentional and meaningful. We help you clarify your values and develop a personalized giving plan.
I – Integrate Giving with Your Financial & Estate Plan
Charitable giving should complement your long-term financial security.
✔ Create your retirement plan, estate strategy, and tax planning
✔ Determine the most tax-efficient ways to give
✔ Ensure that your giving strategy fits seamlessly with your overall wealth plan
Ensure that your giving strategy fits seamlessly with your overall wealth plan
F – Fund Your Giving with Tax-Efficient Strategies
Giving wisely means maximizing both your impact and your tax benefits.
✔ Donate securities instead of cash to eliminate capital gains tax
✔ Use Donor-Advised Funds (DAFs) to manage donations strategically
✔ Gift life insurance to create a lasting charitable legacy at a low cost
✔ Leverage CPP gifting to turn retirement benefits into meaningful contributions
We help you structure your giving to reduce taxes while increasing the impact of your donations.
T – Track, Adjust & Evolve Your Giving Plan
Charitable giving is a journey—your strategy should grow with you.
✔ Conduct an annual review of your donations and tax benefits
✔ Adjust giving strategies based on changes in income, estate laws, or philanthropic goals
✔ Explore new opportunities for greater tax efficiency and long-term impact
Your financial situation and charitable goals will evolve over time. We ensure your giving plan remains optimized and aligned with your priorities.
Your Philanthropy. Your Legacy. Your Way