STRATEGIC CHARITABLE GIVING FOUNDATION
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Mission Statement
The objective of the Foundation is to receive and maintain charitable giving funds and to apply all or part of the principal and income from those funds to Eligible Charities.
About This Cause
The Mackenzie Charitable Giving Program has been established to promote philanthropy by offering Canadians an easy and convenient way to manage their ongoing charitable giving and potentially leave a lasting legacy. The Program offers Donors the opportunity to: •Set up a Mackenzie Charitable Giving Program Account that may be named by the Donor; •Make irrevocable donations to the Foundation of either cash, securities or life insurance; •Receive an official donation receipt (a “Tax Receipt”) for each donation; •Pay no capital gains tax on donations of qualified securities, such as publicly traded securities or mutual funds transferred in-kind to the Foundation and receive a Tax Receipt for the full fair market value of the securities; •Recommend a financial advisor to advise the Account on the selection of an Eligible Fund; •Recommend grants annually to Eligible Charities for the Donor’s lifetime and beyond; •Increase the amount that can be granted over time through the tax-free growth of the assets in the Account; and •Simplify their charitable giving activities by consolidating their giving activities into one Account.