Flow-Through Funds ~
Charities
The Saskatchewan Community Foundation can help facilitate donations and reduce the administrative burden on your team.
Accept everyday donations from supporters or fundraise for a large capital campaign with our support. A Flow-Through Fund is like a “charitable chequing account.” The Community Foundation is your powerhouse behind the scenes to accept donations to your fund (including online donations via credit cards and transfers of stocks and mutual funds) and issues charitable tax receipts to the donors.
You have access to the full balance of your Flow-Through Fund and can withdraw funds at any time. Disbursements can also be automated on a monthly or quarterly basis.
Flow-Through Funds allow you to spend less time on paperwork and focus on creating impact.
Accept Unique Gifts
Harness the expertise of the Community Foundation to accept stocks, mutual funds, real estate, and other gifts to your Fund.
Access Funds Any Time
Funds can be withdrawn by request from your Flow-Through Fund, or we can automate disbursements.
Donation Processing
Streamline your donation management with support from the Community Foundation to accept donations and issue tax receipts.
Customized Solutions
The Community Foundation can build an online donation portal and custom donation receipt for your organization.
There are two types of Flow-Through Funds available to charities:
No-Fee Fund
No Admin Fee
No fees for standard fund services
Credit card processing fees still apply (2.2%)
Excluded from Investment Portfolio
Fund balance is guaranteed
Flex Fund
2% Fee on Donations
Upfront fee assessed upon receipt of donations
Legacy Fund fees still apply to carry-over balances
Included in Investment Portfolio
Opportunity to earn investment income
No-Fee Funds are perfect for accepting everyday donations and facilitating fundraising campaigns. Unlike some other tools, there are no fees for the charity and no fees for your donors.
Flex Funds are often used during capital campaigns, when the fundraising goal is a year or more away. Donations can grow as part of the investment portfolio and are not reported on your financials until granted out.
Charities may establish multiple Flow-Through Funds. You can also create sub-funds to separate donations for specific programs or initiatives.
Local Impact
Supporting the Leader-Post behind the scenes
Every holiday season, the Community Foundation processes upwards of 600 individual donations in support of the Regina Leader-Post Christmas Cheer Fund. The annual campaign provides support to four local women’s shelters and has become an important giving tradition since 1992.
The Community Foundation works behind the scenes to facilitate hundreds of donations and issue charitable tax receipts, allowing the Leader-Post to focus on highlighting the needs of the women’s shelters and the impact of the Fund.
Getting Started is Easy
1. Connect with us
Start a conversation with our team about the different fund types available to you, as well as the purpose of your fund. We’re always happy to present at Finance Committees and Board Meetings if your organization is wanting more information.
2. Board motion
The Board Motion documents the intentions of your organization to establish a fund or multiple funds with the Community Foundation. Suggested text for the Board Motion can be found below:
[Legal Name of Organization] wishes to establish [Type of Fund or Funds] at the Saskatchewan Community Foundation to support the operations of [Legal Name of Organization]. We approve of and authorize [Name, Title] to finalize the terms of the agreement(s) with the Saskatchewan Community Foundation.
3. Fund establishment
Our team will work with you to finalize the agreement(s), including the name of your Fund, your Fund purpose, and the value of your initial contribution. Once signed by all parties, we will start building your Fund webpage, setting up an online donation page, and giving you access to the Fund Portal.
Did you know we are one of seven Community Foundations within Saskatchewan?
Building partnerships, sharing ideas and working together for Saskatchewan communities. Large or small, we all support building community right where you live. Check out some of the wonderful impact that these foundations do within their communities!
More Information
If you want to learn more about Flow-Through Funds for charities, the ways donors can give to your funds, or how the Saskatchewan Community Foundation can partner with you, email us at [email protected] or call 306-751-4756. You can also download our Charity Booklet below.
Stay Connected
Sign up to our email list today to ensure you never miss an opportunity to engage with the Saskatchewan Community Foundation. We will send you updates on how the community is fairing with our Vital Signs reports, invitations to upcoming events, as well as our newsletters released monthly.