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Helping HNW clients give to charity | Investment Executive - Vimarsana News

Helping HNW clients give to charity | Investment Executive

Rudy Mezzetta Many high-net-worth (hnw) clients have stepped up their charitable giving this year, directing more money toward social issues such as health care, housing and food security to meet increased need during the Covid-19 pandemic. Nevertheless, the Canadian charitable sector overall has been hit hard by the pandemic, with many organizations losing stable revenue from event-driven fundraising and other sources. That means there’s greater need for wealthy donors and their financial advisors to carefully examine the charities to which they’re considering donating significant amount...