|
Legacy Club
Created in 2005 (Alberta's Centennial Year) the Legacy
Club provides an opportunity for everyone to create and build their
own community legacy,
The Legacy Club runs each year and is simple, unique and
lasting. A Legacy Club membership can commence with as little as $500
received by December 31st.
Legacy donations are placed in an endowment fund
in the chosen name of the donor. For example it could be a family or
business name or perhaps it could named in memory of a loved one. Your
fund is pooled together with other donations and invested. The interest is
then used to make grants to local Southeastern Alberta charities.
The original gift is never touched and becomes a
never ending source of income for the community - a
true legacy.
The type of endowment can be chosen depending on the size of the gift as
follows:
Pledged Fund (minimum $500)
Allows a named fund of any category to be created. A pledged fund
requires regular contriutions until the desired amount is achieved. No
disbursements are made until a minimum of $1,000 is reached.
Community Fund (minimum $1.000)
Large and small gifts are combined and the 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 (minimum $5,000)
You choose a favourite registered charity and the income from your fund is
distributed to that charity in your name every year.
Field of Interest (minimum $10,000)
The Foundation will direct the income from your fund to particular area
of interest e.g. arts; youth; environment; health.
Donor Advised (minimum $15,000)
You advise the Foundation each year as to which charitable organizations are
to benefit from the fund income. You have the opportunity to change your
focus every year. This is an ideal way to involve the whole family or all
the employees of a business.
Legacy Club 2009 is now
available. Call
403.527.9038 today
and become a Legacy Club 2009 member.
|