Legacy Funds ~
Donors
Legacy (Endowed) Funds are a sustainable, long-term source of funding for your charitable giving and the funds continue to grow over time.
Donations and contributions to your Legacy Fund are forever protected by the Community Foundation and responsibly invested as part of our larger asset portfolio. Investment earnings help grow your fund over time and each year, a portion is granted to the charities you recommend.
When you set up your fund, an advisor will work with you to capture your charitable wishes. For example, you may want to give to the same cause, charity, or community forever. We can make that happen. Or, you may choose to pick a different charity or charities each year.
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.
Built to Grow, Built to Give
Funds can start granting once they reach $10,000 and have had enough time to grow as part of the investment portfolio. We use the earnings for both granting to charities and the associated fees.
Legacy Funds turn what would otherwise be one-time donations into “forever funds” that continue to grow and give. Funds can be designated to support certain charities, or you can make granting recomendations each year.
A new type of family heirloom
Much like a set of cherished baseball cards, family photos, or a piece of jewelry, your legacy fund at the Community Foundation can be passed down to family and loved ones. It’s a beautiful way to create and share a legacy of giving.
We have one fund that has now been passed down to the third generation, with the grandchildren carrying on the legacy created by their grandparents.
How do I start a fund?
For most people, it usually starts with a coffee.
Many people like to meet with us to ask questions and talk about the different types of funds. Sometimes they’ll bring along a friend or a trusted advisor.
When it’s time to create a fund, it can usually can be completed over a lunch hour or whenever is convenient for you.
Request a free Legacy Planner
Our Legacy Planner is a fillable guide that is a complement to your Will. It contains all the information someone would need after you pass, from where you hold RRSPs to your pet’s veterinarian.
Our goal is to make life easier for your loved ones the day they need your personal information. This is not only a gift to you, but the people you care about.
Fund Stories
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, the ways to give to your fund, planned giving, or how the Saskatchewan Community Foundation can work with you, email us at [email protected] or call 306-751-4756. You can also download our Donor Booklet below.
Stay Connected
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