For donors who like more control and involvement, a DAF through the SickKids Charitable Giving Fund is the answer. 

Backed by SickKids Foundation, a DAF with SickKids enables you to create a charitable legacy that can be personalized according to your wishes without the cost and administration of a private foundation. You can name the fund after a loved one or yourself and choose multiple charities as beneficiaries. By investing your charitable gift alongside SickKids Foundation endowments, you’ll receive excellent stewardship of your assets. Your fund’s rate of return will rank in the top 1 per cent of all charitable foundations in North America. You can also create a culture of giving that involves a couple, family, corporation, or group working together.

To establish a DAF with SickKids, you’ll need to make a minimum commitment of $100,000, either over five years, all at once, or through your estate. You can also name successors, the people who will preserve your legacy of giving. Each year, half of the fund’s annual support will go to SickKids, while the remaining 50% can be directed to other eligible charitable organizations of your choice.

When you establish a DAF, you receive a tax receipt for your initial donation as well as those in the future. If you use appreciated securities to establish your fund, you are exempt from capital gains tax.