85 - Tax Smart Strategic Giving with John Bromley

Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass — In this episode, Dr. Wing Lim speaks with John Bromley, founder of Charitable Impact, about strategic charitable giving and how Canadian physicians and incorporated professionals can maximize both impact and tax efficiency. John explains the role of donor-advised funds, how they allow donors to separate the timing of charitable donations from grant decisions, and why they can be an effective tool for long-term philanthropy, tax planning, and legacy building. Dr. Lim and John discuss how donor-advised funds can help Canadians become more intentional, strategic, and effective in their charitable giving. John shares his perspective that philanthropy should be approached with the same thoughtfulness as any other aspect of financial planning, allowing donors to maximize both their community impact and available tax advantages. He explains how charitable giving can become a long-term tool for legacy building and personal values alignment, while emphasizing the importance of working with knowledgeable advisors who understand the opportunities available. Physicians interested in philanthropy, tax-efficient giving, and creating a lasting charitable legacy will find practical insights throughout this conversation. About John Bromley: John Bromley grew up with charity at the core of his family’s values. He started his career in corporate finance working with PwC and RBC Capital Markets, and then went to work with world-renowned experts in charity law. After developing an in-depth understanding of the complex world underpinning the charity sector, John recognized a need to make giving more accessible and more effective. He saw that while wanting to help others comes naturally, knowing how to make a difference through charitable giving does not. With that in mind, John went on to launch Charitable Impact. Its mission? Nurture the generosity within each person, and bring the resources for creating change in the world to everyone. To date, Charitable Impact has facilitated more than $1.8 billion in donations and is helping more and more people build the brighter future they imagine. Website: CharitableImpact.com LinkedIn: JBromley __ Physician Empowerment:  Attend an upcoming Empowerment Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.