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Philanthropic Foundations Canada is a national membership organization for Canada’s independent, grantmaking foundations. PFC is a registered charity. Our mission is to promote the growth and development of effective and responsible foundations and organized philanthropy in Canada through provision of membership services, resources and advocacy.

On this site, you will find information about philanthropy, about grant making, and about the growing network of independent Canadian grant makers who are members of PFC.

In the News! Major Change to Disbursement Quota (80/20 Rule)

The March 4 federal budget announced a significant change to the application of the disbursement quota for charities going forward.  In future charities, including foundations, will no longer have to disburse 80% of tax-receipted gifts in the year after receipt. The concept of enduring property and the ten-year gift rule will no longer be relevant (although existing gift agreements will not change).  PFC will be preparing a detailed Member Advisory on the changes. For more information on the budget announcement, click here.   

Read an initial commentary by charity lawyer Mark Blumberg on the implications.


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Please note: If you are researching grant opportunities, visit Imagine Canada and consult their Canadian Directory to Foundations and Corporations. We are a registered charity and not a granting foundation.

 

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