We all want to make a positive contribution to the world. To make a lasting difference not just to our own families, but also to a cause or institution that is important to us. Perhaps it is a school, a hospital or a particular area of medical research or social challenge.
At Jarislowsky Fraser, we believe the desire to "give back" is essential to our society and should be nurtured. This is why we established the Jarislowsky Fraser Donor Advised Foundation. "Giving back" is easier than ever. By gifting through the Foundation, you do not have to incur the expenses and administrative burden of establishing your own foundation, while knowing you are making the world a better place.
Another advantage is that you gain immediate tax benefits. You are issued a receipt for the full amount of your contribution, which can offset income tax. Should you choose to donate securities, your donation can also reduce capital gains tax on shares with large unrealized capital gains.
Contact us to learn more.
The Jarislowsky Fraser Donor Advised Foundation’s mission is to assist in providing long term revenue for Canadian charities. This registered public foundation is a vehicle which allows you to donate cash or securities, receive an immediate tax receipt for the full amount of the donation and recommend which charities will receive the future income stream from your contributed capital.
Potential benefits of a donation to the Jarislowsky Fraser Donor Advised Foundation:
Richard H. McCoy has over 35 years of experience in the investment industry. From May 1997 to October 2003, Mr. McCoy was Vice-Chairman, Investment Banking at TD Securities. Prior to joining TD Securities in 1997, Mr. McCoy was deputy Chairman of CIBC Wood Gundy Securities. Mr. McCoy brings vast experience to the board as he is also a director of Uranium Participation Corporation, Aberdeen Asia-Pacific Income Fund Ltd., Chorus Aviation Inc. and Pizza Pizza Royalty Income Fund.
William J. Corcoran has been on the Board of Directors of Jarislowsky, Fraser Limited for more than ten years. From 1991 to 2001, Mr. Corcoran was Vice Chairman of the Ontario Pension Board and prior to that was a Managing Director of Scotia McLeod. Mr. Corcoran is also a director of E.L. Financial Corporation, Dominion & Anglo Investment Corporation, Canadian & Foreign Securities Co. Limited and Chairman of Labrador Iron Ore Royalty Income Fund and a trustee of the J.P. Bickell Foundation and the William & Nona Heaslip Foundation.
Mr. Molson has 30 years investment experience with most of his career spent at UBS Securities Canada Inc. where he was a Managing Director. Mr. Molson has extensive experience in assisting companies with capital raisings, mergers and acquisitions and investment related strategies. He is currently President and Managing Director of various Invico Energy funds (private equity funds in Calgary), a director of Aurora Oil and Gas and an advisor to Saguenay Capital. Mr. Molson is also Co-chair of The Study School Foundation in Montreal.
Marie-Claude Jalbert, Partner
1010 Sherbrooke St. West, 20th Floor
Montreal, Quebec H3A 2R7
Telephone : (514) 842-2727
Paul Rolston, Partner
20 Queen Street West, Suite 3100
Toronto, Ontario M5H 3R3
Telephone : (416) 363-7417