Start a Fund
Establishing a fund with our community foundation is simple and effective. A community foundation takes care of all the administration work so you can focus fully on your charitable interests.
To learn more about starting a fund, please contact our office.
Types of Funds
Any of the funds below can be established during your lifetime or through a bequest in your Will. We will help you determine which type of fund fits your needs best. All gifts made to your Fund will be invested professionally, and a portion of the total value of the Fund is available each year for distribution to any registered Canadian charity of your choice.
Your gift is used to meet ever-changing community needs and priorities, including those that may not even be known at the time you made your gift. Your community foundation evaluates all aspects of community well-being – arts and culture, environment, health and social services, youth and more. Your trust in your community foundation makes it possible for us to make decisions in response to our community’s most pressing needs and priorities.
Field of Interest Funds:
You identify your area(s) of interest when you establish your Fund. Your community foundation makes the decisions about which organizations to support taking your interests into consideration.
You recommend specific charities you wish to support at the time you set up your Fund. Your community foundation manages the annual distribution to those charities.
Donor Advised Funds:
You or your named successor make choices annually about which charities you wish to support. You may support any registered Canadian charity or other qualified donee as defined by the Canada Revenue Agency.
A Fund in your name or a loved one can provide student scholarships that benefit youth in your area(s) of interest. Your community foundation helps you define the scholarship criteria, handles all administrative details, and awards scholarships to deserving students in the name of the Fund you establish.
Agency Endowment Funds:
Charitable organizations can establish an endowment with your community foundation to provide a permanent source of funding for their organization. If you wish to leave a legacy to your favourite charity benefit, you can rest assured that a trusted organization is managing your Fund so the charity can concentrate on its community mission.