GiveWise Foundation Canada is a registered charity with Canada Revenue Agency (registered Charity number: 701032526RR0001). GiveWise acts as a charitable gift-making foundation and establishes Donor-Advised Funds (DAFs) known as Giving Funds.
GiveWise charges Giving Fund fees on funds with balances over $25,000 and relies on donors to allocate a small percentage of their Giving Fund to support operations. If donors contribute an average of 3% of their contributions, this helps cover operational expenses. You can support GiveWise directly through the Search Charities page.
A Giving Fund is a simple, tax-efficient vehicle for all your charitable giving. It consolidates donations in one place, provides a single tax receipt, and enables grants to any Canadian Registered Charity.
Contributions can be made using:
Credit cards
eTransfer
Cheques
DAF transfers
Stocks/securities
Email donations@givewise.ca with details about the securities you wish to contribute. Instructions will be provided for completing the contribution.
No fees for cheque or Interac eTransfer.
Credit card contributions: 2.2% fee + $0.30 per transaction.
Fees for complex contributions may apply and will be communicated in advance.
No. Contributions to a Giving Fund are irrevocable donations and become the property of GiveWise Foundation Canada. Funds can only be gifted to canadian Registered charities.
No, there is no minimum required to open or maintain a Giving Fund.
Log in to your Giving Fund
Go to the Tax Reciepts tab on the navigation bar
Click to download tax receipts by year.
A gift is the term used when funds are allocates to a registered Canadian charity by a Giving Fund holder from their Giving Fund.
Gifts are reviewed to:
Confirm the registered Canadian charity is in good standing with the CRA.
Ensure the gift will be used solely for charitable purposes without providing more than an incidental personal benefit to the donor or related parties.
Any gifts in Pending state can be cancelled from within the GiveWise platform. In order to cancel a gift that is in "Approved" state, please contact support@givewise.ca and we will make our best effort to cancel but we cannot guarantee this is possible.
The gift has not been reviewed and approved yet. This can take one business day to complete.
Gifts can be sent to any registered Canadian charity in good standing with the CRA. To find charities, use the CRA database search tool on the GiveWise under the Give tab of the navigation bar.
Yes. Select "I wish to remain anonymous" when making a gift and GiveWise will not share your name or contact information with the charity.
Yes, use the "Purpose of Grant" option to designate funds. For example, you can specify a child sponsorship by entering the childβs name and ID number in the note field.
GiveWise encourages a minimum gift amount of $20.
Gifts are processed weekly. Charities with Direct Deposit information receive funds within 2β9 business days. Charities that have no set up direct deposit yet may take longer.
Funds over $25,000 can be invested for tax-free growth. Contact support@givewise.ca for more information.
Contact support@givewise.ca to edit your allocations.
To liquidate investments for granting, contact support@givewise.ca.
Investment gains and losses impact the total fund balance but have no effect on tax-deductible contributions.
No. Because the contributions are owned by GiveWise Foundation Canada, gains and losses do not impact your taxes.
Contact support@givewise.ca to learn about all available investment options.
For any questions or support, please contact:
Email: support@givewise.ca
Phone: 604.302.1760