Private Foundation Succession: A Practical Legal Guide to Transitioning to a Donor Advised Fund
Across Canada, many private foundations are reaching an inflection point. Boards are transitioning. Administrative and compliance demands are growing more complex. Family members may be geographically dispersed, less available or uncertain about — or uninterested in — taking on long-term fiduciary responsibility. In other cases, foundations are thriving — financially and programmatically — but trustees […]
Across Canada, many private foundations are reaching an inflection point. Boards are transitioning. Administrative and compliance demands are growing more complex. Family members may be geographically dispersed, less available or uncertain about — or uninterested in — taking on long-term fiduciary responsibility. In other cases, foundations are thriving — financially and programmatically — but trustees