Set Up a Fund
Set Up a Fund
By establishing a fund with the Community Foundation, you will have the flexibility to shape your own charitable giving to reflect your values and interests. Professional management by the Community Foundation ensures that the process is simple and straightforward. Whether you want to address an urgent need in the community, honour the memory of a loved one or support your favourite charity, a fund with the Community Foundation allows you to make a difference today, with a lasting and sustainable impact.
Build Your Legacy
Including a charitable bequest in your will is a simple way to make a lasting gift to your community while offering you convenience and peace of mind for your future plans. A legacy gift allows you to support charities or causes that are important to you, long after you are gone.
By making a one time or monthly donation to an established fund, your gift will help build a community asset that can respond to challenges and opportunities facing our community today and for years to come. You can direct your gift to an area of interest, and because all gifts are pooled, every donation, no matter the size, has lasting impact.
Types of Funds
The Foundation has a variety of fund structures to offer you the levels of support, involvement and recognition you desire. With a variety of ways to give, you can establish a fund today, plan to give in the future, or contribute to an existing fund. You can choose to support your favourite charities, specific areas of interest, or create unique opportunities for community investment.
Donor Advised Funds provide donors with a hands-on approach to giving. You have the flexibility to recommend grants to the charitable projects or organizations you want to support. Successors can also be named to the fund, so this is an ideal way to involve your family and encourage a new generation of philanthropists.
Field of Interest Funds enable you to join others in supporting charitable priorities with a specific focus. You dedicate your funds to a general area (like Arts & Culture, or the Environment) and the Foundation directs grants to specific charities or projects best positioned to meet current and changing needs in your chosen field.
Community Funds harness the generosity of many donors to collectively support emerging needs and innovation in the community. The impact of your gift, no matter the size, is amplified by this pooled approached. Community Funds are designed to address a broad range of urgent and emerging needs and opportunities in our communities.
Donor Designated Funds offer donors the opportunity to focus their giving on the causes or charities that matter the most. You choose a charity or cause that is close to your heart, and the Foundation will direct grants to the organization or cause you’ve chosen.
Agency Endowment Funds provide a sustainable source of revenue to charities by building up resources that can be granted to the organization every year.
Community Foundation Funds support the activities of the Community Foundation of Greater Peterborough.
Scholarship Funds are set up to enable the making of student awards, such as scholarships and bursaries, these funds enable donors to specify the criteria, education institution and/or a particular course of study of the recipient. Grants are directed to, and administered by a qualified donee, typically the education institution.
The Social Finance Fund enables the Foundation to make loans to projects that support community vitality while offering a social and financial return.
Gift Planning Tools
You can depend on the professionalism and expertise of the Community Foundation to provide sound financial and administrative planning and management of your gift. We will work with you and your professional advisors to make your unique giving experience simple and straightforward.
Ways to Give
When you’ve made the decision to develop a fund, you’ll want to consider the options that work best for you and your situation. We have several donation options available, including:
- Real estate/art
- Gifts from US donors
- Invested flow-through gifts
- Memorial funds