BMO Charitable Giving Program
You can open this if: you're a BMO client.
For BMO clients. Runs on the Charitable Gift Funds Canada Foundation infrastructure — the same underlying charity that powers RBC’s charitable program — so the fee schedule and granting rules are identical. Your BMO advisor continues to manage the investments within the BMO fund lineup. Two fund types: Classic (endowment) and Flex (flow-through).
Cost calculator
Estimate fees for your scenario. Grants are never reduced by fees — fees apply after each year's granting.
See year-by-year breakdown
| Year | Contribution | Growth | Granted | Fees | End balance |
|---|---|---|---|---|---|
| 1 | $100,000 | $5,000 | $5,250 | $848 | $98,902 |
| 2 | $10,000 | $5,445 | $5,717 | $919 | $107,711 |
| 3 | $10,000 | $5,886 | $6,180 | $989 | $116,427 |
| 4 | $10,000 | $6,321 | $6,637 | $1,059 | $125,052 |
| 5 | $10,000 | $6,753 | $7,090 | $1,128 | $133,587 |
| 6 | $10,000 | $7,179 | $7,538 | $1,196 | $142,032 |
| 7 | $10,000 | $7,602 | $7,982 | $1,263 | $150,389 |
| 8 | $10,000 | $8,019 | $8,420 | $1,330 | $158,658 |
| 9 | $10,000 | $8,433 | $8,855 | $1,396 | $166,840 |
| 10 | $10,000 | $8,842 | $9,284 | $1,461 | $174,937 |
Minimums
Granting rules
Assets accepted
- Cash
- Public securities
- Segregated funds
- Mutual fund units
Scale & activity
From T3010 CRA filing · FYE 2024-12-31
- Total DAF assets
- $2,434.7M
- Annual grants
- $215.5M
- Actual payout
- 8.9%
- DAF accounts
- 3,306
- Avg. account
- $736,450
CRA registration 896713500RR0001. 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 range | Rate |
|---|---|
| $0K – $100K | 0.85% |
| $100K – $500K | 0.80% |
| $500K – $1M | 0.70% |
| $1M – $2.5M | 0.55% |
| $2.5M – $5M | 0.55% |
Investment fee tiers
| Balance range | Rate |
|---|---|
| $0K+· Investment management MER varies by selected strategy; paid to the donor's advisor's firm | — |
Same tiered admin schedule for Classic and Flex funds. Flex has higher monthly minimum ($45 vs $20). Investment management fees are separate and depend on selected strategy. BMO runs this program on the Charitable Gift Funds Canada Foundation infrastructure — the fee schedule above is the same for RBC and BMO programs. Investment management fees are separate and depend on the strategy selected within your BMO investment account.
Also consider
For donors already working with IG Wealth Management or IG Private Wealth Management. Keep your IG advisor and stay within the Investors Group fund family while adding a charitable giving account. Shares the Strategic Charitable Giving Foundation infrastructure with the Mackenzie program (both are IGM Financial subsidiaries).
Advisor/Firm ProgramMackenzie Charitable Giving ProgramFor donors already invested with Mackenzie. Keep your Mackenzie advisor and stay within the Mackenzie fund family while adding a charitable giving account. Ten portfolio options across conservative to growth mandates.
Advisor/Firm ProgramNicola Wealth Private Giving FoundationFor existing Nicola Wealth clients. No additional DAF-specific administration fees; the Foundation's costs are absorbed into the broader wealth management relationship. Legacy advisors assist with charity selection and integrate giving with your financial and tax planning. Note that Nicola Wealth's standard AUM fees (1.25% on the first $1M) apply to the full client portfolio, including DAF assets. Reports $39.5M disbursed to 1,000+ charities across 529 DAFs in 2024.
Data sources
Confidence: Published on provider site · Last verified 2026-04-21
Value proposition authored by WellFunded