• Step 1: Open and name the account

    You can give the account your own name, a family name, or name it in honour of someone. You or others can contribute to the fund in the future, and you can name a successor to take over your advisory role in the event you’re no longer able to manage the fund. 

  • Step 2: Make your initial gift

    Seed the account with an initial contribution. You’ll immediately receive a charitable tax receipt for the full amount of your donation in the year of the gift.  If donating appreciated securities (such as publicly listed stocks, bonds, and mutual funds), these donations will avoid any capital gains tax. 

  • Step 3: Provide your recommendations

    Choose the charities you’d like the account to support annually, and work with the Simonson Team to choose the eligible fund to invest in. Each year, the Foundation grants a minimum of 5% of the value of your account.