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How to Establish an Endowment Fund

This is a simple process. We discuss the options available and then assist with the preparation of a fund agreement. This agreement will be tailored to your interests and needs.  Any desired restrictions must be placed on the fund at the time of its creation.  Should your interests change over time, one or more additional funds can be created to achieve alternative charitable purposes. A new gift agreement will be created for each new fund.

Permanent fund options include:

Community Fund - Where large and small gifts are combined. Income is distributed through a Grant Application process. This fund ensures that the changing needs of the community are addressed in a timely manner.

Designated Fund - Choose a favourite registered charitable organization and each year the income flows to that organization.

Field of Interest Fund - You request the Foundation to direct the earnings to a particular area of interest; ie. the arts, youth, seniors, the environment, etc.

Donor Advised Fund - Donors advise the Foundation each year as to which charitable organizations are to benefit from the income from their fund. You have the opportunity to change your focus every year.