Summary

In this episode of the Millennial Money Canada podcast, hosts Guillaume Girard and Sam Lichtman speak with John Bromley from Charitable Impact about the journey of creating a platform that facilitates charitable giving. They discuss the importance of donor-advised funds, the various types of donations, and the tax benefits associated with charitable giving. John shares insights on encouraging the next generation to be charitable through concepts like the charitable allowance and emphasizes the mindset around giving as a crucial aspect of philanthropy. The conversation highlights the tools available for donors and the impact of Charitable Impact in the Canadian charitable landscape.

Topics Covered in this Episode:

00:00 The Accidental Entrepreneur

07:01 The Birth of Charitable Impact

11:37 Understanding Donor-Advised Funds

19:10 Navigating Charitable Giving Options

20:59 Types of Assets for Donation

27:55 Facilitating Charitable Donations

30:01 The Power of Charitable Giving

32:29 Understanding Donor-Advised Funds

36:45 Introducing Charitable Allowance for Kids

43:34 Accessibility in Charitable Giving

46:57 Mindset Shift Towards Philanthropy

🎗️Charitable Impact

Website: https://www.charitableimpact.com/who-we-are

IG: https://www.instagram.com/wearecharitable/

🤝 Work with Millen Wealth Advisors

Book a Financial Review Meeting: https://courses.mwadvisors.ca/FinancialAdvice

🔗 Connect & Follow Us for Insights

Website: https://www.mwadvisors.ca/

Podcast YouTube Channel:

https://www.youtube.com/@MillennialMoneyCanadaPodcast

Keywords

Charitable giving, donor-advised funds, financial literacy, philanthropy, Charitable Impact, tax benefits, charitable allowance, impact investing, generosity, social responsibility