#SickNotWeak #SickNotWeak is a registered charity that was founded by Michael Landsberg in 2016 to drag society’s view and treatment of mental illness from the 1960’s to the present day. #SickNotWeak lives to bring comfort to the lonely, hope to the hopeless, and strength to those who believe they are weak. #SickNotWeak understands that comfort, hope, and strength seldom come as a result of the number of people around us, but rather the number of people who understand us.
Funds collected in support of #SickNotWeak help provide education, while supporting a community for those suffering as well as those supporting a loved one who needs help.
Donations made to #SickNotWeak are administered by #SickNotWeak. Place2Give Foundation does not design or implement the programs or services offered by this organization. If you have any questions on the use of proceeds or require further information about #SickNotWeak, please contact them directly - firstname.lastname@example.org. Funds are disbursed on a monthly basis.
Please note - donations made in memory/honour of someone: There is a box provided on the donation page for you to write the person's name and special message. This information is shared with #SickNotWeak to follow-up with family members. Place2Give Foundation does not send anonymous information, nor do we communicate directly with family members without explicit instruction from #SickNotWeak and/or the family.
How much would you like to donate? As a contributor to Place2Give we make sure your donation goes directly to supporting our cause. Thank you for your generosity!
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Place2Give Foundation is a public, donor advised fund registered in Canada. Specifically, the Fund was established to receive, process, manage and distribute charitable donations. Donations are processed through a web-based portal found at www.Place2Give.com. Donations are also accepted at special events held throughout the year around North America.
Conducting charitable giving activities through a donor-advised fund (DAF) is a well-established approach for individuals, families, groups, organizations, and companies that want to:
Contributions to a DAF are irrevocable and all DAFs are owned or controlled by a sponsoring organization, which must be a public charity. The donor, however, has advisory privileges on the distribution of funds, as is the case with Place2Give.
Before opening an account with Place2Give, please carefully read this Guide to fully understand the policies and procedures of the Fund’s DAF Program and discuss charitable giving plans and strategies with a tax advisor. Questions can be emailed to email@example.com
Individuals (age 13 and older), families, groups, nonprofit organizations under certain circumstances, business entities including some financial institutions, are eligible to open an account. Residency may be in either Canada or the United States.
Eligible individuals or entities (as described above) may sign up for an account by completing the form at https://place2give.com/contact/, or by submitting a Donor Agreement. A sample of this agreement can be found in Appendix A.
By default, the Fund will assign an account number to use as the account identifier. However, the Primary Account Holder may name—and later rename—the account. The account name should always end with the word “Fund.” The legal terms “Trust,” “Foundation,” or “Endowment,” the use of which are reserved for other charitable-giving vehicles, cannot be used in any account name.
The account name might acknowledge your own name(s), someone or something else, and/or the charitable cause. Examples include The Smith Family Fund, The John Jones Memorial Performing Arts Fund, and The XYZ Corporate Philanthropy Fund. Place2Give Foundation reserves the right to require changes to any Account Name at any time for any reason.
Each account is associated with the individual who created the fund. Place2Give Foundation reserves the right to modify or terminate roles, responsibilities, and privileges upon 30-day notice at the email address on record for the Primary Account Holder.
Place2Give accounts are donor-advised funds, and as such, the accounts are owned by the Fund. Donors and other authorized parties on the account may recommend distributions, called grants, to charitable organizations.
The Primary Account Holder is usually the individual or entity that opens and funds the Place2Give DAF account, although this responsibility can be transferred. Through the Place2Give website, the Primary Account Holder may contribute money to the account, recommend distributions (called grants) to eligible beneficiaries, and view all account activity. Other privileges include appointing and removing Additional Account Holders, Additional Advisors, Additional Donors, Successors, and Interested Third Parties. The Primary Account Holder is also the main recipient for all correspondence, with the exception of tax-substantiation receipts emailed to Additional Donors.
At this point in time, Additional Account Holders are not permitted direct access to a Place2Give Fund holder. However, individuals may be appointed as philanthropy advisors, by the Primary Account Holder. This is to be done in writing with the contact information and specific role that this additional person will hold. Examples of roles include the ability to: contribute money to the account, recommend grants independent of the Primary Account Holder, and view all account activity. This individual may not add, remove or change the contact information or the roles/responsibilities of others affiliated with this account. If authorized by the Primary Account Holder, Additional Account Holders may also elect to receive the same email correspondence as the Primary Account Holder.
Additional Advisors, may recommend grants independent of the Account Holder and view all account activity as instructed by the Primary Account Holder. If authorized by the Primary Account Holder, Additional Advisors may also elect to receive the same email correspondence as the Primary Account Holder. Additional Advisors may not appoint or remove others to the DAF account and generally will not contribute to the account.
By default, anyone can contribute to a DAF account. However, if desired by the Primary Account Holder, contributions can be restricted to a group of specifically named Additional Donors. Alternatively, the Primary Account Holder may continue to allow anyone to contribute to the DAF account, but name Additional Donors who will receive differentiated targeted communications or have the privilege of using special online tools and features.
The Primary Account Holder should name an individual or entity to serve as a replacement upon the death, incapacity, or resignation of the Primary Account Holder. At such time, if no Successor has been identified or no named Successor accepts the responsibility, any remaining balance will be transferred to the Place2Give Foundation General Fund and used or distributed at the discretion of the Grants Committee and the Board of Directors.
Account privileges are granted to a Successor only after the Fund receives and accepts proof of the Primary Account Holder’s resignation, incapacity, or death and the Successor accepts the responsibility and terms. At such time, the Successor will become the Primary Account Holder with all of the commensurate responsibilities and privileges.
Contributions can be made when an account is opened, as a grant is recommended, or at any other time. When a contribution is received from a Donor without an account for the purposes of establishing a DAF, an account will be created automatically. Contributions to already existing funds are accepted at anytime through the Place2Give website, via cheque to either the Place2Give Foundation office in Calgary, Alberta, Canada.
Tax receipts are issued automatically through the web portal to the person who made the contribution. Donations received at the office, or processed manually will be receipted at the end of the calendar year.
Place2Give Foundation accepts donations in the form securities, cash and insurance policies. Securities are sold within 24 hours of receipt or on the next business day.
Please see the Gift Acceptance Policy document for more details on types of contributions that may be accepted by Place2Give.
Contributions are not refundable and are assets owned and held by the Fund. The Fund retains exclusive legal control over all contributed assets and any future related earnings.
Furthermore, Donors cannot impose conditions or other restrictions that prevent the Fund from freely and effectively using the contribution to further its charitable mission and comply with all legal and regulatory requirements.
The Fund accepts cash and cash equivalents in Canadian or US dollars, drawn from Canadian or US financial institutions, and delivered by cheque, electronic funds transfer, debit card, or credit card. Please see below a list of all types of accepted contributions.
The Fund reserves the right to review and reject any contribution to the Program for any reason whatsoever. Any contribution that is not accepted will be returned as soon as possible.
Endowment Account - $25,000 in the currency of residency
Flow Through - $5000 in the currency of residency
Subject to revision by the Place2Give Board of Directors, the principal of the Fund shall be retained, administered and managed by Place2Give or its agents. The distributed income shall be used for the purposes described herein.
Place2Give will receive a set-up fee of 1% on all accounts.
Fees include all investment advisory and management fees. Annual fees are based on the market value of the assets. Fees are for administrative services on behalf of the Fund including the issuance of tax receipts, ongoing disbursements and reporting, and ongoing fiduciary responsibility. Fees are charged quarterly.
Funds are held for a minimum of 30 Days in cash before being disbursed out on the 15th of the following month. Funds are held in a cash account earning minimum interest so as to be able to deploy the capital to projects as quickly as possible. Fees are charged based on the currency deposited.
The Fund generally processes contributions on the same day the funds are received unless it is a weekend or bank holiday. Funds processed by partners made be subject to a different schedule per the partners terms. The Fund is not liable for the failure to complete an electronic funds transfer or other Donor instruction.
The Foundation will email a receipt for any funds received on the same day (if done via Place2Give.com), or within a few business days after the funds have cleared (if funds are received via cheque, cash, securities or insurance). Donors should read all confirmation letters carefully. Any errors must be reported immediately to Place2Give.
Primary Account Holders may receive notification of third-party contributions, such as an employer match, but such notification is not a tax receipt.
This Guide is not intended to provide legal or tax advice. Rules and regulations regarding tax deductions for charitable giving vary at the provincial and state level. Place2Give Foundation strongly encourages Donors to consult with a qualified tax advisor for guidance on how charitable giving will impact their federal, provincial/state, and local tax liability.
Place2Give Foundation donor-advised fund program is eligible to receive tax-deductible contributions. In general, a Donor who itemizes deductions on a federal tax return may claim a contribution to a DAF account as a deduction in the year the contribution is made, subject to certain limitations. With the exception of contributions, however, DAF account activity has no impact on any Donor’s tax liability. Because the Fund owns the assets once they have been contributed to a DAF account, for example, any investment gains or losses or interest accrued by that account will have no tax consequences for Account Holders. In addition, grants subsequently made from a DAF account to a charitable organization are not tax deductible, as the deduction was already taken when the contribution was made to the DAF account.
Please also note that Account Holders may not claim a tax deduction for contributions to their account(s) by other Donors, such as an employer match, or a gift card.
With cash and cash equivalents, a Donor is entitled to claim the exact amount of the contribution as a deduction.
Please speak with your Estate and/or Trust Lawyer regarding the use of your DAF proceeds as part of your estate.
Once a DAF account has been funded, Donors and Advisors can recommend grants at any time to any of more than 90,000 Qualified Donees in Canada. This section details important guidelines and instructions that apply to the grant recommendation process.
Donors may make grant recommendations on Place2Give.com through the GIVE portal or in writing to firstname.lastname@example.org.
Please provide the following information with your disbursement request:
Note: If any of this information is missing it may delay the disbursement of funds. We cannot accept disbursement requests left in a voicemail message, sent via text or made over the phone.
Place2Give requires each fund to disburse a minimum of 3.5% within 18 months of establishing the Fund. Thereafter, the CRA requires donors to disburse a minimum of 3.5% annually. There is no maximum. Place2Give will not disburse funds beyond the maximum value of the Fund
To ensure that all funds are issued exclusively in furtherance of charitable purposes to qualified charitable organizations, all grant recommendations are subject to review and approval by Place2Give Foundation’s Directors. Place2Give’s Directors have ultimate authority over all grant distributions. Grant requests are nonbinding and will not be approved until, among other considerations, Place2Give has verified the recipient organization’s current tax-exempt status as defined by section 149 Income Tax Act of the Canadian Revenue Agency and its status as a public and/or registered charity as defined by the Charities Directorate in Canada.
Place2Give may contact prospective grant recipients to obtain information about their charitable activities before approving a grant recommendation. Place2Give, at its sole discretion, may also perform additional research when it has reason to believe that grant funds may result in private benefit to an Account Holder, Additional Advisor, or related party, or that the grant would violate Place2Give policies. Place2Give reserves the right to take appropriate legal action if it determines that grant funds have been knowingly used improperly.
Please be advised that in the case of certain grant recommendations, Place2Give reserves the right to perform additional due diligence and to decline to make the recommended grant in such cases where:
If Place2Give discovers that grants have been made for improper purposes, it will take remedial action. This may include, but is not limited to, a requirement that the grant recipient return the grant and/or the termination of Account Holders’ or Advisors’ privileges and the transfer of account assets to the Fund’s General Fund.
If a charity or its principals are under investigation, Place2Give reserves the right to freeze any granting to that charity until the investigation is resolved.
Place2Give will not approve grant requests for amounts greater than the available balance in the Account Holder’s DAF account.
If a grant recommendation is not approved, Place2Give will notify the Primary Account Holder, explain the reason(s) for denying the request, and suggest an alternative solution to satisfy the Account Holders’ philanthropic intent. Account Holders and/or Advisors may also decide whether to submit an alternative grant recommendation.
In the event of several grant requests that violate the foundation’s guidelines, Place2Give reserves the right to transfer account assets to the General Fund.
Place2Give will work with the Primary Account Holder to help craft a giving portfolio that meets the requirements of the Foundation and the mandate and spirit of the Fund that was created.
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