Passive income, that which comes in whilst you are not doing anything, can be a great way to help you generate additional cash flow for philanthropic purposes. What if you can have money flowing in continuously to be used for philanthropic causes, while keeping your initial invested capital in the stock market for capital preservation and potential capital appreciation? Read this article to learn how this can be attained through a dividend-paying portfolio, Bloom Investment Counsel Inc.’s specialty.

Over the past decade or so Canada has been one of the top ten most charitable countries. Making charitable donations has become a regular aspect of life for many high-net-worth individuals and families. But what is planned giving and how is it different from making regular charitable donations?

There are many different reasons you may want to make a cash gift. If you are considering gifting a significant sum of money, for instance to your spouse or your children, what are the tax implications of making such a cash gift in Canada? This article will help answer your questions.

You’ve generously decided to make a charitable donation, but then remembered stories of those who have been scammed by fake charities. How do you avoid these scams that try to take advantage of your compassion for those in need? This article describes three potential online charity scams you should watch out for to save you from becoming the next victim!

What if there is a way to build enduring wealth to give to the cause or causes closest to your heart?

Many high-net-worth individuals and families are interested in charitable donations that can be maintained in perpetuity or for an extended period of time. The good news is that this is attainable.

Watch Adina Bloom Somer, Bloom Investment Counsel, Inc.’s VP & Director, Portfolio Manager explain how income from an income-producing investment portfolio composed of shares of dividend-paying companies can help you achieve this, and 3 tips for selecting a charity in Canada.