← Back to comparison
Advisor/Firm Programest. 2010 · Quebec, QC

Fondation Philantra

You can open this if: you're a National Bank Financial client.

DAF program affiliated with National Bank, offered through National Bank Private Wealth and Financial advisors. $250,000 minimum positions this for high-net-worth clients already in the National Bank wealth ecosystem. Bilingual FR/EN service with Quebec legal expertise.

Built by or for a specific bank or wealth firm. You come in through your existing firm relationship.

Cost calculator

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

Estimated range
~$17,054 – $26,511
1.25%–2.00% effective · low confidence
Why a range?
Generic peer estimate — Philantra does not publish fees. Range reflects typical all-in pricing for bank/wealth-firm DAF programs.

Minimums

To open a DAF$250,000

Typically requires National Bank wealth client relationship. Minimum fund life of 5 years.

Granting rules

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

Assets accepted

  • Cash
  • Public securities

Scale & activity

From T3010 CRA filing · FYE 2025-06-30

Total DAF assets
$181.1M
Annual grants
$11.1M
Actual payout
6.1%
DAF accounts
165
Avg. account
$1.1M

CRA registration 788540110RR0001. 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+· Fee schedule not publicly disclosed; sliding-scale—

Investment fee tiers

Balance rangeRate
$0K+· Charged by National Bank Trust; not publicly disclosed—

Sliding-scale admin fee structure. Specific rates not public. Investment side handled by National Bank Trust.

Why this is an estimate

Generic peer estimate — Philantra does not publish fees. Range reflects typical all-in pricing for bank/wealth-firm DAF programs.

Also consider

Advisor/Firm ProgramIG Wealth Management Charitable Giving Program

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 Program

For 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 Foundation

For 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: Not publicly disclosed · Last verified 2026-04-21

Value proposition authored by WellFunded