Giving Back to the Community

According to Statistics Canada, in 2013, charities raised more than $ 12.8 billion!

Wealth, fame and success is not accomplished alone. There are many in the community who donated their time and energy to give you an opportunity. When you become wealthy, it is wise to give back to those who helped you along the way. 

 

Philanthropy is how wealth is shared to help the next generation succeed. We can see this with doctors, who volunteer to help the poor. Lawyers give free legal advice to those who are of modest means. 

Sharing the wealth creates goodwill. Non-profit organizations, charities and private foundations perform very important societal functions. You could donate to your favourite charity or create a new private foundation named after your family. 

A private foundation creates a long-lasting family legacy. Your children would be associated with your beneficence. And, you would cement your position in the community based on your philanthropy. 

 

 

 

 

 

 

Charitable Giving Strategies

The French aristocracy followed the concept of noblesse oblige, which was an obligation of the successful to help the masses. How do you want to construct your philanthropy? Anyone can donate to their favourite charity, but that might not be the best way to optimize your donations. 

Did you know that donations made to any officially registered charity are eligible for a non-refundable tax credit? Celebrities create deeper relationships with charitable organizations. They find one that they want to be associated with. They select a charity that is in sync with all that they care about and hope for. 

 

Are you ready to incorporate donations into your financial strategy?

 

You might not know of all the possibilities available for philanthropy, but that is where we can help. We can help you develop successful charitable giving strategies. We can provide you with a list of non-profit organizations that might mesh with your personality and future goals.

 

 

Assante wants to grow with you!

You will want to select a charity that can grow with you. This can build up your reputation. 

We have philanthropic granting programs or can help you establish your own foundation. You can make a one-time lump payment or gradual payments into an account. High net worth investors create goodwill with their charitable gifts. 

When you become wealthy, you are likely to move into a higher tax bracket. Therefore, you can use your charitable gifts as a way to qualify for tax relief. 

The right non-profit organization can also open doors of opportunity. You can meet other famous executives, athletes and actors at exclusive charitable events. You might be placed on the celebrity A-list, rubbing shoulders with the movers and shakers of the world. 

Personal branding is the way that the rich and famous maintain their prestige. Along with your philanthropy, you can develop a public relations team. You can work with charitable organizations to create valuable projects. 

Some of these exclusive charitable events are where important global decisions are made. Philanthropists can become important societal decision makers. They become spokesman who speak on behalf of their community. 

 

Our team is here to guide you in establishing a plan. Call us at (514) 832-5100 or write to us at cweisser@assante.com. Let's work together to create a financial strategy that includes charitable donations.