In 2016, my wife and I established our own private foundation to facilitate our chari-table
contributions in a planned and significant manner. It was an easy process and
you can do the same.
What is a private foundation?
Private foundations are flexible philanthropic vehicles created to promote individual, fami-ly
or corporate charitable giving. There has been incredible growth in this option due to var-ious
changes in the Income Tax Act making it easy to set up and administer foundations.
FINANCIAL FILE
Private Foundations
You can have one, too
By Chet Brothers
BY CHET BROTHERS
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