Types of Endowment Funds
To ensure the Lethbridge Community Foundation meets donors' philanthropic goals, as well as the current and emerging needs of the community, the Foundation offers a variety of fund types to donors. Donors are able to have as little or as much involvement in the grant application process and granting decisions. We offer individual donors, family foundations, businesses and charities a variety of choices that provide flexibility, security, growth, longevity and relevance for each charitable investment.
Tribute and Memorial Funds
Created to commemorate a person, family or important event, these funds can be established as any type of the foundation endowment fund. Memorial tributes of any size are welcomed as part of the community caring fund. This fund provides income for the community impact program. Named memorial funds may be established for a minimum of $1000 as part of the Community Impact Funds or within the Field of Interest Funds.
Provide a convenient method for people to build a fund over a number of years. Learn more ....
Unrestricted Funds
You can use your gift to meet ever-changing community needs - including future needs that often cannot be anticipated at the time your gift is made. We receive project proposals in all areas of community well-being - arts and culture, education, environment, health and social services, youth, and more. The flexibility of your unrestricted gift makes it possible to respond to the community's most pressing needs, today and tomorrow. Grant proposals are received, evaluated and awarded annually as part of the Community Impact Grant Program.
There are three types of unrestricted funds, general community funds, field of interest funds and administrative support funds.
Not tied to a specific charity or area of interest, which allows the foundation to respond to a broad range of immediate and changing needs of the community. Learn more...
You identify your personal interest area when making your gift; our board awards grants to community groups and programs that are making a difference in the area you select. Learn more...
Cover the Foundations cost of operations, allowing the foundation to focus on assisting all of Southwestern Alberta's charitable organizations. Learn more ....
You can direct your gift to a specific charity or issue area. You identify the recipient you wish to benefit through your gift; our staff manages the annual distribution of funds. Learn more ....
Provide a flexible way for donors to assist and encourage promising young students. Learn more ....
With a donor advised fund you can have ongoing involvement in the use of your gift. You work with the Foundation to address the issues and needs you care about most. Learn more ....
An agency endowment fund is a long term plan to provide operating support for the organization. An agency endowment fund may be established by a charitable organization or an individual donor who believes strongly in a specific charity's work. Learn more ....
Managed Funds are held and invested for other charitable organizations as a community service. Learn more ...
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Updated September 2009
www.lethbridgecommunityfoundation.ca
403.328.5297 office@lethbridgecommunityfoundation.ca 404 8th St South
