Legacy Funds ~
Charities
Legacy (Endowed) Funds are a sustainable and enduring source of operational funding for your organization that continue to grow over time.
Donations and contributions to your charity’s Legacy Fund are forever protected by the Saskatchewan Community Foundation and responsibly invested as part of our larger asset portfolio.
Investment earnings help to grow your fund over time and each year, a portion is granted back to your organization. This stable and predictable funding can be transformative for organizations and help diversify revenue sources with a permanent and sustainable funding stream.
With an Initial One-Time Donation
of $100,000 to Your
Legacy Fund...
After
First Year
Total Grant
Amount
$3,500
Fund Balance
$102,000
After
10 Years
Total Grant
Amount
$38,324
Fund Balance
$121,889
After
25 Years
Total Grant
Amount
$112,106
Fund Balance
$164,061
After
50 Years
Total Grant
Amount
$296,028
Fund Balance
$269,159
After
100 Years
Total Grant
Amount
$1,092,813
Fund Balance
$724,465
* Example uses a 3.5% disbursement rate and assumes only a one-time donation. Rate of returns and all fees are based on actual 15 year data as of 2024.
Take Advantage of Incentive and Matching Programs
Charity Legacy Fund Incentive
Thanks to the generous gift from an anonymous donor, the Saskatchewan Community Foundation is able to support the long-term sustainability of local organizations through the growth of Legacy (Endowed) Funds.
For every dollar contributed to a charity’s Legacy Fund held at the Saskatchewan Community Foundation, we will contribute an additional 10% on an annual basis (up to $50,000 annually).
Canada Cultural Investment Fund
The Endowment Incentive Component of the Canada Cultural Investment Fund encourages donors to contribute to Legacy (Endowed) Funds for eligible non-profit professional arts organizations.
The Canadian Heritage program provides up to dollar-for-dollar matching on private donations into approved Legacy (Endowed) Funds.
Local Impact
When we launched our new Facilities Legacy Fund last year to plan for our future, the matching program had a tremendous impact. A Legacy Fund is a gift that keeps giving and seeing an immediate boost through this program was monumental. Having annual disbursements that you can rely on year over year in perpetuity can be transformational for organizations, allowing us to make long-term plans and focus on delivering on our mission, and I’m excited to see how this generous program will amplify the impact of donations across our community.
John Hampton
Executive Director, MacKenzie Art Gallery
The Anne Luke Legacy Fund was created in memory of Anne Luke, founder of the Regina Early Learning Centre. “We wanted to find a way to let her legacy live on,” explained current Executive Director, Monica Totton, “so that we remember our roots and can continue to sustain the values and programming that she felt was of so much need.” The Legacy Fund keeps Anne’s name and vision alive and provides sustainable funding for operations and programming. For former Executive Director Mary Ann McGrath, the Community Foundation is “the perfect partner for the Early Learning Centre’s Endowed Fund.”
The Gravelbourg Co-Cathedral Fund was established to secure a sustainable future for the community’s incredible infrastructure and cultural history. “Our grandparents gave us this wonderful church for us to look after,” shared André Moquin, Chair of the Co-Cathedral Preservation Fund. The group chose to partner with the Community Foundation to preserve the Co-Cathedral for generations to come, noting that the Community Foundation “has investment expertise and their returns are phenomenal.”
The DEK All Nations’ Healing Hospital Foundation Fund was established after an anonymous donor came forward with a major gift to thank the hospital for the care they had received. “They help us grow our Fund and leave legacies behind,” said Tribal Chief Jeremy Fourhorns. The Legacy Fund allows for the recruitment of physicians, purchase of new equipment, and services for the benefit of all patients and the Fort Qu’Appelle community.
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 Legacy Funds for charities, the ways donors can give to your funds, or how the Saskatchewan Community Foundation can partner with you, email us at legacy@saskfoundation.ca 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.