Community and Donor Advised Funds

Mobilizing funds for community-led change

Advised funds are an efficient and flexible way for purpose-led charitable giving, and a great alternative to starting and maintaining a standalone charitable foundation.

Advancing equity-enabling philanthropy

MakeWay has a 20-year track record as home to hundreds of advised funds. Our fund partners include diverse individuals, families, foundations, and communities that want to access this powerful tool for philanthropy.

We seek partners who are excited to learn from community, who have the courage to share power, and who are active in their approach to social, environmental, and economic justice.

Donor Advised Fund (DAF)

With a Donor Advised Fund (DAF) your charitable giving is managed from one place, minimizing costs and maximizing impact. We take care of the administration and due diligence, provide philanthropic support and advice, and welcome you into a community that shares your passion for people and the planet.

Community Advised Fund (CAF)

MakeWay created Community Advised Funds (CAF) as an additional tool to evolve the traditional DAF model, shifting more power to community leaders. With a CAF, decision-making is governed by community-appointed advisors. The community defines the purpose and grantmaking plan, and donors make valuable financial contributions of support.

How are advised funds at MakeWay Unique?

MakeWay takes a unique approach to advised funds, leveraging them to enable nimble, transformative philanthropy and build momentum for community-led solutions.

1. Connecting to purpose

All new funds are aligned with one or more of our organizational priority areas, giving funder partners the opportunity to tap into MakeWay’s deep relationship-based networks and experience.


2. Investing for positive impact

We believe all investments should generate positive social and environmental returns. That’s why we take an active, critical, and transparent approach to our fossil-fuel free investment portfolio.

It’s also why we launched the ImpactDAF: the first customizable donor advised fund in Canada to be 100% invested for impact.

 

3. Building healthy pathways between philanthropy and community

We are creating shared learning opportunities for our community of funder partners to shift philanthropy to be more impactful, growing together along the way. In the coming year we will:

Explore DAFs and CAFs at MakeWay (click through to view fund purpose and donate).

Note: funds accepting public donations are highlighted in green.

To increase transparency, all grants from DAFs and CAFs are posted quarterly to our grants listing including: grant amount grantee name, and grant purpose

7th Generation Fund
Agro Roasters Fund
Aguacene Fund
Alexander Graham Bell Innovation Fund
Andrew Heintzman Giving Fund
Arctic Indigenous Fund
Auerbach Family Fund
Aurora Fund
Ayalik Fund
Bealight Fund
Biodiversity-Based Solutions Fund
Black Philanthropy Fund
Burton Family Fund
CarbonFlip Fund
Cause Heroes Fund
Central Coast Conservation Fund
Chaloult Wallace Fund
Chauvel Fund
Children and Nature Fund
Chosen Waters Fund
Christopher Robin Fund
Climate Heroes Fund
CNIS Surgical & Obstetrical Skills Education Fund
Communications & Broadcasting Canadian Trust Fund
CPAWS Nova Scotia Conservation Fund
Dark Horse Fund
David J. Sokol Endowment Fund
Dene Ts’ı̨lı̨ – Dene Way of Life Fund
Division of UBC PM&R Fund
DLN Fund
Don Rubenstein Housing Fund
Dr. Bik May Wai & Dr. Chung Nin Lam Endowment Fund
Dragonfly Fund
Draimin-Haddon Endowment Fund
Elements Fund
Environmental Justice Micro Fund
Equinox Fund
Équiterre Fund
ESP Fund
Friends of Qatuwas Fund
Fund for the Environment
Funding Awesome Fund
FuturePLAY Fund
Gail O’Riordan Climate and the Arts Series Fund
Gitanyow Wilp Sustainability Fund
Great Bear Sea Fund
Harbinger Fund
Harry and Bernice Kosansky Family Foundation Fund
Hollyhock Fund
Hoops 4 Hope Fund
House of Numst’ Fund
Illahie Fund
IPCA Development Fund
Jantzi Research Fund
Jesse and Julie Rasch Foundation Fund
Joel and Dana Solomon Fund
John Kenneth Galbraith Prize Endowment Fund
Jokabeca Foundation Fund
Jon Gates Foundation Fund
Joy Family Giving Fund
Juno Foundation Fund
Justice Impact Fund
Kremen and Fineman Giving Fund
Kremen and Fineman Invested Giving Fund
Language Documentation and Revitalization Fund
Lights On Fund
Lindalee Tracey Award Fund
Lunapads Global Opportunity Fund
MacGavin Fund
Mashkawi-manidoo bimaadiziwin – Spirit to Soar Fund
Michael and Amelia Humphries Earthrise Legacy Fund
Mother Tree Fund
Myer Fund
Naramata Conservation Fund
Natural Burial Association Fund
New Literacies Fund
Nonprofit Centers Fund
OnePull Fund
Planeterra Fund
Power of Giving Fund
Prescription for Change Canada Fund
Renewal Funds Charitable Giving Fund
Reverence for Life Legacy Fund
Richardson Family Fund
Rideau Institute Research Fund
Roar Fund
Robert Huber Memorial Fund
Robin Wheeler Legacy Fund
Roses Fund
SHLF Endowment Fund
Skeena Watershed Fund
SkeenaWild Conservation Trust Fund
Social Innovation Conference Series
Social Venture Institute Fund
Staal Family Giving Fund
Stephen Hui Trail Fund
Strategic Philanthropy Course Fund
Street Kids International Fund
Sustaining Design Fund
Tegan & Sara Foundation Fund
Terrevive Fund
the deer crossing the art farm fund
Tlatsini Conservation Endowment Fund
Transformation Fund
Twin Island Protection Fund
Twyla Roscovich Memorial Fund
V. Paul Lee Family Foundation
Valerie Elia Fund
Vancouver Bicycle Fund
Vancouver Tomorrow Fund
Vern’s Community Fund
Wilburforce Canadian Conservation Fund
YouMeWe Foundation Fund

Types of Advised Funds*

*All of the below fund types can be advised by donors or communities.

Giving FundInvested Giving FundImpact Fund
Consider opening this type of fund if...You are looking to make a high volume of contributions in and grants out.You are looking for a long-term investment with a financial return, making between 5 and 10 grants from the fund each year.You are looking for a customizable impact investing solution.
Time horizon1-2 years1-10 years5-10 years
Minimum opening contribution$5,000$25,000$1 million
CostsContributions of less than $1,000: 6% of their value
Contributions of more than $1,000: 1.75% of their value
Prorated monthly:
1.75% on first $500,000
1% on the next $2 million
0.5% on the next $2.5 million + investment management fees
1.75% annually based on the Fund balance + investment management fees

Learn more about Donor Advised Funds at MakeWay:

Leanne Burton
Director, Partnership Development
Leanne.Burton@makeway.org