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Wholesale Infrastructureest. 2005 · Toronto, ON

Benefaction

Accessible via Direct to donor, Assante Wealth Management, Richardson Wealth, CIBC.

For donors already at Assante, Richardson Wealth, or CIBC. The charitable infrastructure behind their DAF programs. Keep your existing advisor; they continue to manage the investments. Accepts complex assets including private shares and real estate.

Provides DAF infrastructure used by banks, wealth firms, or direct-to-donor. Donor keeps their existing advisor.

Cost calculator

Estimate fees for your scenario. Grants are never reduced by fees — fees apply after each year's granting.

Total fees over scenario
$7,023
Admin only — advisor fees separate
Granted to charities
$73,925
Your giving over the horizon
Ending balance
$179,457
Effective rate: 0.50% at $100K · 0.50% at $1M
See year-by-year breakdown
YearContributionGrowthGrantedFeesEnd balance
1$100,000$5,000$5,250$499$99,251
2$10,000$5,463$5,736$545$108,433
3$10,000$5,922$6,218$591$117,546
4$10,000$6,377$6,696$636$126,591
5$10,000$6,830$7,171$681$135,569
6$10,000$7,278$7,642$726$144,479
7$10,000$7,724$8,110$770$153,322
8$10,000$8,166$8,574$815$162,099
9$10,000$8,605$9,035$858$170,811
10$10,000$9,041$9,493$902$179,457

Minimums

To open a DAF$25,000

Granting rules

FrequencyOngoing
Max grants/yearUnlimited
Capital encroachmentPermitted
Disbursement rule5% CRA minimum

Assets accepted

  • Cash
  • Public securities
  • Private company shares
  • Real estate
  • Life insurance

Scale & activity

From T3010 CRA filing · FYE 2024-12-31

Total DAF assets
$792M
Annual grants
$80.9M
Actual payout
10.2%
DAF accounts
1,438
Avg. account
$550,793

CRA registration 804213759RR0001. Payout rate is actual grants divided by total assets over the filing period — a real-world indicator that can differ from the provider's stated disbursement policy.

Fee structure

Admin fee tiers

Balance rangeRate
$0K – $1M0.50%
$1M – $2M0.35%
$2M+0.15%

Investment fee tiers

Balance rangeRate
$0K+· Investment management fees charged separately by the donor's advisor—

Admin fee only; investment management fees are negotiated separately between donor and advisor. Donation fees negotiable for cumulative donations of $3M+.

Also consider

Wholesale InfrastructureCanada Gives

Advisor-agnostic Foundation Account platform. Bring your own advisor, fully asset-portable model. Designed for donors who want private-foundation-style authority without the administrative burden.

Data sources

Confidence: Published on provider site · Last verified 2026-04-21

Value proposition authored by WellFunded