We make giving to charity feel even better


Free yourself from the hassles of charitable giving with our convenient online giving account

Easy budgeting and spend-tracking without cumbersome spreadsheets
More privacy and less solicitations from charities asking for your money
Backup and storage of your tax-receipts so they're never lost
More charitable impact with invested donation proceeds

Altruly is a Canadian Donor Advised Fund with the needs of modern donors in mind.


Open a free account now

What is a Donor Advised Fund?

Think of it as an RRSP for your charitable giving. Transfer funds into the account and get an immediate tax-receipt. While you're deciding which charity should get a donation, we invest the proceeds to increase your charitable impact.

Reasons why an Altruly Giving Account > Traditional Giving

There are many, but people rave about these.

Consolidation

Just one receipt for all your giving. A tidy year-end summary of your giving activity is downloadable for easy filing at tax-time.

Growth

Increase your charitable impact by investing your contributions in a diversified portfolio.

Privacy

Donor privacy is built in. Your information is protected, so you'll get less solicitations from charities looking for your money.

Budgeting

Tools that keep you on track with zero effort. Set a giving goal and we'll help you make sure you don't over-spend or under-spend.

How it works

Giving to charity through a Donor Advised Fund is a little different, but the end-result is the same. Those differences are what make it better for you.

Step 1: Add funds, let it grow

Open an account for free. Add funds to your giving account by credit card or cheque - this is your donation and you get an immediate tax-receipt (even before you decide which charity gets the money!). We conservatively invest your donation while you make your decision, making your impact greater.

Step 2: Disburse privately to any Canadian Charity

Direct any available account balance to any of the 85,000+ registered charities in Canada. No payment information is required. There's no tax receipt when you disburse, only when you add funds to your account. We keep your donor information private from the charities you disburse to.

Step 3: Rinse and Repeat

We keep track of all your donations and disbursals, so you'll always know what you've spent at any given time without any cumbersome spreadsheets or combing through your bank statements. At tax time, download your giving summary and tax-receipts all from one place. They're backed up and stored digitally for easy access at any time.


About giving with Altruly

When you contribute to your Altruly giving account, you are making a donation to a Canadian registered charity: The Altruly Foundation. We accept your donations, issue immediate tax-receipts for the value of your contribution and disburse the proceeds to the Canadian Registered Charity of your choosing, without sharing your personal information with them, when you decide to do so.

The Altruly Foundation is a Registered Charity (#755780095RR0001) and is designated a Public Foundation by the Canada Revenue Agency. We strive to make charitable giving hassle-free, so that you can continue to donate as generously as you always have, with more convenience (both when giving and at tax-time) and without annoying, needless and intrusive solicitations. Our convenient online format offers an easy way to consolidate, budget and manage your annual charitable giving right from your mobile phone, tablet or laptop.

Donor Advised Funds are not a novel idea. It's a vehicle that has always made planned giving easy and convenient. The Altruly Foundation is taking a fresh approach to the old concept, but with the needs of today's donors in mind.


Benefits

Deferral

Ever get close to year end and realize that you didn't reach your giving goal? No problem. Fund your giving account on December 31, get a tax-receipt for this tax year. Then, decide where the money goes later.

Speed

With default profile information stored, donating is super quick. You won't need to tediously enter your name, address, email and payment information every time you want to fund your account or disburse to a charity.

Consolidation

Keep all your donation information and tax receipts in one place. Download a summary of all of your donations to make things easy at tax time.

Privacy

We keep your donor information private from the charities you donate to. So you can rest assured that you wont get bothered by email, phone, snail-mail or at your door in relation to any disbursals you made from your giving account.

Suggestions

When you share your giving interests to us, we will send you occasional notification suggestions with ideas for where you can disburse money from your giving account. You can accept, decline, defer to turn off suggestions altogether.

$1 minimums

You can contribute or disburse as little as $1 from your giving account at any time. And yes, we will issue a tax receipt a $1 donation.

Convenient payment options

Add funds to your account with any major credit card or by sending us a cheque.

Secure

Secure payments and data encryption to protect your data from the bad guys.

Never Lose a Receipt

Tax receipts never get lost when they're safely stored and accessible forever all in one spot. Consolidate your donation tax documents into one account to eliminate your search at tax-time.

One site for all donations

No more searching for the right site to make an online donation. You'll never need to input personal or payment information into another website to donate ever again. Consolidating in one site means you are reduce your data footprint and protect your privacy.

Manage a giving budget

Set a giving budget for the year, and stick to it! By funding your giving account, you'll know exactly what you can afford to give throughout the year. Don't overspend, or underspend either. It's nice to be generous to charities!

Mobile, of course

Access your giving account directly from your mobile phone, tablet or laptop. Funding your account is quick and disbursing is even quicker.


FAQ

What is The Altruly Foundation?

The Altruly Foundation is a registered charity in Canada (Reg. #755780095RR0001). We operate an online donor advised fund that makes it easy for Canadians to consolidate and budget their annual giving in one place. Your Altruly giving account is always accessible from your mobile phone, tablet or laptop for whenever you are inspired to give.

Can I withdraw funds that are in my account?

This is an important one. No, you cannot *ever* withdraw any funds from your Altruly giving account. Once your donated funds have been transferred to us and a tax-receipt is issued, the funds become sole property of The Altruly Foundation. We will invest the proceeds of your donation and it may appreciate, but the donor has no claim on any of available account balance amount or any capital gains that may be earned on the invested amount. While we often refer to this giving vehicle as being like an "RRSP for charitable giving" or a "savings account for your charitable giving", it is an account that can never be withdrawn upon. We can only accept instructions to disburse to any qualified donee in Canada.

Do I get a tax receipt for my donation?

When you contribute to your Altruly giving account, you get a tax receipt for the full value of the amount you paid. We issue tax receipts for contributions that are as small as $1. This creates an available balance in your giving account. You can choose to disburse this amount at any time. There are no tax receipts for disbursals.

How long can funds sit in my account?

We want to encourage active giving from your Altruly account (that's the point of charitable giving, isn't it). We require at least 5% disbursal of the average balance over the course of the year. If your account is inactive, we reserve the right to disburse an amount to satisfy this requirement to a qualified donee that you have disbursed to in the past, or another, based on our sole discretion.

Why should I use a Donor Advised Fund for my giving?

There are a number of reasons why giving through a donor advised fund makes good sense. First and foremost, its a great budgeting tool. Set your giving budget for the year and disburse it

  • Immediate tax benefit and deferral of the disbursal decision - Donate when it’s convenient and choose which charity or qualified donee will receive the money later
  • Consolidation – one tax receipt for all of your giving
  • Anonymity - keep your identity private from charities who may contact you needlessly or monetize data
  • Capital appreciation – your donation grows tax-free while you decide which charity receives it
  • Flexibility - Donate cash, publicly- and privately-traded stocks, real estate and more

What are the Altruly Fees?

Payment processing

Donations by Credit Card

2.9% + $0.30 / transaction

Just like any time you use a credit card online, there are fees for processing payments. We don't see any of that money - it just goes to the guys that make it easy to pay online. A credit card is the best way fund your account with smaller payments (about $1000 or less).

Donations by Cheque

$20 / cheque

This is about as old school as we get here at Altruly. Send us a cheque and we'll deposit the amount and send you a notification when the amount clears in our account. A cheque is the best way to fund your account with larger payments (more than $1000).

Disbursals

There are no fees to disburse funds to any qualified donee or charity in Canada.

Account Maintenance

0.5% / year

Charities have expenses just like any other business does. We have have to pay for stuff like website servers and security (to protect your data), bank accounts, rent, audits, insurance and so on. To pay for these necessities, we charge an account maintenance fee of 0.5% per year. That's $5 a year for every $1,000 held in your account. Seriously, it's no money maker - just enough to keep the lights on.


Still have questions? Talk to us.

We want to help you achieve your giving goals using a convenient mobile-friendly format. Got questions? We have answers.

Contact us anytime