How does a donor build a Legacy?
When a donor gifts to The Foundation, it is placed into an endowment fund. Endowments are permanent funds that are pooled together and invested over time. Earnings from these funds are distributed back into our community through grants and special projects.
To leave a legacy without establishing a fund Click Here.
Types of Endowment Funds
Smart & Caring Community Fund
Gifts of all sizes are combined to respond to a variety of needs within our community. Together with this fund we respond to the Governor General’s call to action for a Smart & Caring nation by creating a Smart & Caring Caledonia. A Named Fund can be established within this fund with a minimum gift of $5,000.
To leave a legacy with the Smart & Caring Community Fund Click Here.
For more information on the Smart & Caring Community movement Click Here.
Donor Designated Fund
The donor designates a permanent beneficiary of their fund. This fund is available for a minimum gift of $25,000.
For more information on Donor Designated Funds Click Here.
Field of Interest Fund
The Foundation selects the grantee based on the area of interest chosen by the donor. This fund is available for a minimum gift of $15,000 per area of interest. To establish a Named Fund within an area of interest is an additional $10,000.
For more information on Field of Interest Funds Click Here.
Scholarship / Bursary Fund
The Donor can support any area of academia such as tuition, rent and/or books. The Foundation will help the Donor determine eligibility requirements for the awards and handle all administrative duties. The minimum gift requirement varies depending on the complexity of the program and the administration involved.
For detailed information Click Here.
Donor Advised Fund
The donor recommends annually which charitable organizations are to benefit from their fund. This allows for the response to address the changing needs within the community. This fund is available for a minimum gift of $50,000.
For more information on Donor Advised Funds Click Here.
Agency Endowment Fund
Non-profit organizations can establish their own endowment within the Foundation. The endowed fund’s principal will not be spent so it can grow over time to provide lasting support. Earnings from the fund are distributed back to the organization.
For detailed information Click Here.
We are excited to announce the opening of two new funds to help support a healthier, happier place to live for all of our citizens. The Sport and Recreation Fund and the Learning for Life Fund are part of our Community Impact Fund and will be handing out grants in the fields of sport and education. Both Funds are open to donations of all sizes, and we are now offering a monthly donation option to make giving easy.
NEW Sport and Recreation Fund
This fund will direct grants to organizations building a healthier Caledonia through sport and exercise programs. Support will be given to those who demonstrate inclusiveness and provide participants with the opportunity to gain skills and increase individual’s activity levels. Grants can be used for equipment, registration fees or improvement to an active space.
NEW Learning for Life Fund
This fund directs funds to organizations that foster a love of learning to people of all ages. We believe knowledge gives everyone limitless possibilities and makes Caledonia a more vibrant, enriched place to live. Programs focusing on educating children, youth or adults may apply for a grant. Donors also have the opportunity to open scholarship funds under our Learning for Life Fund.
These scholarships can be given directly from the Foundation or a specific school. If you would like to learn more about the new funds or make a donation, please contact Lindsey Stuckless at 905 765-4408. We look forward to helping you build a legacy in your community.