Professional Advisors

We are here to help provide you and your clients with resources and advice about charitable giving.

Many lawyers, accountants, financial planners and professional advisors partner with the Abbotsford Community Foundation to equip themselves with the tools and knowledge to fulfill their clients’ charitable wishes.

If you have a client who wants to know more about supporting local projects and programs in Abbotsford, working with the Abbotsford Community Foundation may be the right match for your client. Please feel free to use our Giving Guide as a resource. This document contains information about what we do, why we do it, and how everyone can get involved in a way that supports their values and wishes for our community.

For resources specifically for Professional Advisors, visit Community Foundation of Canada’s e-resource guide.

Areni Kelleppan, Executive Director of the Abbotsford Community Foundation, would be happy to speak at your firm regarding planned giving and how we might fit into the planning you do with clients.

Please contact Areni at arenik@abbotsfordcf.org.

FAQs

How do I get my clients started?

We can discuss gift options and different fund types that best fit your clients’ charitable interests and financial situation, please contact us at 604-850-3755 or email arenik @abbotfordcf.org.

What are the differences between establishing a fund at the Abbotsford Community Foundation and creating a private foundation?

The Abbotsford Community Foundation already has the services and staff in place to handle all the administrative requirements for a fund. Establishing a fund with us is simple and more cost-effective than establishing a private foundation, where the ongoing administration is typically costly and time-consuming. For more details, read our comparison summary.

Do I or my clients need to contact the Abbotsford Community Foundation when establishing a gift in a will?

Your clients have the right to privacy around their giving intentions. We encourage you to contact us to ensure that we can use all gifts as intended. Your clients’ identity can remain anonymous when confirming intentions.

How can I help my clients make a gift of appreciated securities to the Abbotsford Community Foundation?

Here at the ACF, we know that philanthropy is an integral part of wealth management. We will help you work with your clients to set up a donor-advised fund that integrates seamlessly into their wealth management plans and fulfils their charitable impact goals. You can help them get the tax benefits of donating publicly traded securities and enable them to support their charities of choice by utilizing the expertise of our team here at the ACF. To get started, download and complete the Gift In Kind donations of shares form.

What wording is required to include the Abbotsford Community Foundation in my clients’ wills?

We recommend that you first discuss this with your legal counsel. We do have suggested clauses for gifts left in a will and have provided suggestions in our Sample Will Clauses resource.

Can the Abbotsford Community Foundation serve as an executor of a donor’s estate?

No. Our Foundation policy does not allow us to act as an executor. We can work with you and your clients to develop a letter of intent as to how a planned gift will be used. We recommend donors appoint a qualified and capable organization or individual to administer their estate or serve as a trustee. In the case of an annuity, we would recommend working with an insurance company.

How does the Abbotsford Community Foundation invest the long-term assets of a charitable fund?

We work with an institutional investment manager to direct our pooled consolidated assets. The investment objectives for this fund are to protect the contributed capital and provide a stable income return to our fundholders for annual granting. For more details, read our Investment Policy and Spending Policy.

What are the Abbotsford Community Foundation’s fees?

What are the Abbotsford Community Foundation’s fees? The Foundation’s administrative fees have remained consistent for many years and are 1.5% of the fund capital balance plus the investment management fees of .40%, which combined do not to exceed 2.0%. For more information, see our Spending Policy

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FAQs

Professional Advisors

Related Resources

Areni Kelleppan