Victoria Foundation
Open to any Canadian donor.
Canada's second-oldest community foundation (est. 1936), serving Greater Victoria. Operates exclusively on an endowment model with donations 'permanently invested.' One of the most transparent published fee schedules of any Canadian DAF provider — admin and investment fees disclosed separately, all-in approximately 1.58% for donor-advised funds.
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 | $1,576 | $98,174 |
| 2 | $10,000 | $5,409 | $5,679 | $1,705 | $106,199 |
| 3 | $10,000 | $5,810 | $6,100 | $1,831 | $114,077 |
| 4 | $10,000 | $6,204 | $6,514 | $1,956 | $121,811 |
| 5 | $10,000 | $6,591 | $6,920 | $2,077 | $129,404 |
| 6 | $10,000 | $6,970 | $7,319 | $2,197 | $136,859 |
| 7 | $10,000 | $7,343 | $7,710 | $2,315 | $144,177 |
| 8 | $10,000 | $7,709 | $8,094 | $2,430 | $151,362 |
| 9 | $10,000 | $8,068 | $8,471 | $2,543 | $158,415 |
| 10 | $10,000 | $8,421 | $8,842 | $2,654 | $165,340 |
Minimums
Granting rules
Assets accepted
- Cash
- Public securities
- Life insurance
- Bequests
- Real estate
Scale & activity
From T3010 CRA filing · FYE 2024-12-31
- Total DAF assets
- $138.2M
- Annual grants
- $6.2M
- Actual payout
- 4.5%
- DAF accounts
- 285
- Avg. account
- $484,755
CRA registration 130650898RR0001. 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+· Donor-advised and donor-designated funds; discretionary funds charged 1.50% | 1.00% |
Investment fee tiers
| Balance range | Rate |
|---|---|
| $0K+· Average on Common Trust Fund | 0.58% |
All-in approximately 1.58% for donor-advised funds (1.00% admin + 0.58% investment). Separate rates for Discretionary (1.50%), Hosted organization (0.75%), Pass-through gifts (1.00% on gift value). Fees calculated and paid monthly on market value.
Also consider
One of Canada's earliest community foundations (est. 1943), serving donors across British Columbia. Community advisors with charity expertise review hundreds of grant applications annually to direct Focus Area donations. Permanent endowment model means one gift creates impact year after year.
Community FoundationCalgary FoundationCalgary and area community foundation (est. 1955) with deep local granting relationships and the most transparent published fee schedule of any Canadian DAF provider, with four tiers across standard and flow-through fund types.
Community FoundationWinnipeg FoundationCanada's first community foundation by charter (est. 1921), serving Winnipeg and Manitoba. Offers the lowest all-in cost among Canadian community foundations, with tiered investment and admin fees that decrease meaningfully above $10M.
Data sources
Confidence: Published on provider site · Last verified 2026-04-21
Value proposition authored by WellFunded