In this article, Gifts by Canadian Charities to Donor Advised Funds in 2019, we will look at gifts from Canadian registered charities to Canadian charities that are donor advised funds.
We recently reviewed the T3010 information for 2019. The database was prepared by the Charities Directorate of CRA in May 2021 and covers almost 84,000 charities (which is over 98% of Canadian registered charities) and their 2019 T3010 returns.
We specifically looked at gifts over $30,000 and for purposes of this article which were made to Canadian donor advised funds. Large amounts of funds are contributed to donor advised funds from corporations and individuals. These contributions are not included in this article – only gifts from charities to donor advised funds.
There is no standard definition of which registered charities are donor advised funds or DAFs. Some registered charities may have donor advised funds, but CRA does not currently ask on the T3010 whether a group has DAFs. Some advertise this service while others don’t publicly discuss it. So this list may not be comprehensive.
In this article, Gifts by Canadian Charities to Donor Advised Funds in 2019, we discuss some of the issues with DAFs and also show some of the larger contributions from certain registered charities to DAFs we saw in 2019.