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Advisor/Firm Programest. 2004 · Toronto, ON

TD Private Giving Foundation

You can open this if: you're a TD Wealth client.

For donors already banking with TD. Keep your existing TD Wealth relationship and add a charitable giving account alongside it. The only major Canadian bank that operates its own in-house charitable foundation, rather than using a third-party wholesale provider.

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.

Total fees over scenario
$32,512
17.1% of contributions
Granted to charities
$68,447
Your giving over the horizon
Ending balance
$154,228
Effective rate: 2.50% at $100K · 2.19% at $1M
See year-by-year breakdown
YearContributionGrowthGrantedFeesEnd balance
1$100,000$5,000$5,250$2,494$97,256
2$10,000$5,363$5,631$2,675$104,313
3$10,000$5,716$6,001$2,851$111,177
4$10,000$6,059$6,362$3,022$117,852
5$10,000$6,393$6,712$3,188$124,344
6$10,000$6,717$7,053$3,350$130,658
7$10,000$7,033$7,385$3,508$136,799
8$10,000$7,340$7,707$3,661$142,771
9$10,000$7,639$8,020$3,810$148,579
10$10,000$7,929$8,325$3,955$154,228

Minimums

To open a DAF$10,000
Per grant$2,000

Granting rules

FrequencyAnnual
Max grants/year5
Capital encroachmentPermitted
Disbursement rule5% minimum

Assets accepted

  • Cash
  • Public securities
  • Life insurance

Scale & activity

From T3010 CRA filing · FYE 2024-12-31

Total DAF assets
$972.3M
Annual grants
$131.9M
Actual payout
13.6%
DAF accounts
1,956
Avg. account
$497,065

CRA registration 857210744RR0001. 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 – $250K1.50%
$250K – $500K1.25%
$500K+1.00%

Investment fee tiers

Balance rangeRate
$0K+· TD mutual fund MER (~1.0%)1.00%

Admin fee tiered plus ~1.0% mutual fund MER, both plus HST. Locked to TD Balanced Income or TD Monthly Income funds. Source is dated; fees may have changed.

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

Value proposition authored by WellFunded