Want to Set Up a Fund?
1. The Timing
Do you want your fund to be established:
- Now (and you can start giving grants and seeing impact right away)
- Over time, through contributions
- Later, through your estate
2. The Type of Fund
Pick the Type of Fund based on what you would like to support and how involved in the annual decision making you want to be. We have a variety of fund types to choose from, and we can help you pick the one that is right for you based on your interests.
3. The Payout Option
You can choose from:
- A traditional endowment fund– a ‘forever fund’ where only earnings will be spent
- Our new ‘enhanced spending’ option– which will draw down the capital of your fund over time; so it won’t last forever, but it will grant more money out each year (while still lasting a long time!)
4. How to Give
You can choose any number of financial tools to establish and grow your fund, including: cheque, credit card, securities, life insurance, or charitable bequest. Your gift can be one time, or pledged over a period of time (monthly or annually).
Creation of a fund does not require a large initial donation. All we ask is that the fund achieves the minimum for a named fund ($10-25,000 depending on the type of fund) within five years. You decide how much you want to give over what period of time.
For further information about establishing an endowment fund, please call us at 613.546.9696.
We are grateful for all gifts to the Foundation and would be happy to speak with you about your charitable giving goals.