What is in this report?

This is about the awareness of the growing “charity gap” in Canada, the significant accumulation of wealth in grant-making foundation endowments, and how Canadians feel about these facts.

What are the 3 major takeaways?

1. Canadians are not aware of the growing charity gap nor aware of the expanding accumulation of wealth in foundation investment accounts (leading to this topic being largely overlooked).
2. Once informed, Canadians felt strongly that the accumulation of wealth in foundations is not right and needs to be improved.
3. The vast majority (87%) of Canadians are for raising the required Disbursement Quota to 10% among grant-making foundations. Canadians want a higher required Disbursement Quota for foundations.