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We handle all administrative tasks, allowing you to focus entirely on your charitable passions. These charitable funds cater to individuals and can be established either during your lifetime or through a bequest in your Will. We provide guidance to determine the fund type that best suits your needs and your contributions to the Fund are professionally invested, and a portion of its total value is annually available for distribution to any registered Canadian charity
Designated Funds offer a remarkable opportunity to support a particular charity or multiple charities that hold personal significance for you. In this scenario, the Greater Sudbury Community Foundation will allocate grants from your fund to the specific charity or charities that you designate.
This is an undesignated gift that enables the Foundation to respond to the most pressing needs of the day. Because we can’t predict what will happen in the future, a community fund can make a real difference where it is needed most. A community fund helps the widest possible range of community needs: children, seniors, environment, arts, culture, education, health, social services, and more.
Donor-Advised Funds empower individuals, families, or corporate entities in Greater Sudbury to collaborate with the Foundation in choosing the causes they want to support each year. Your recommendations undergo approval by the Foundation’s board of directors, after which the Foundation manages the distribution of grants. This mechanism ensures your active involvement in the grant-making process while also facilitating corporate strategic giving. Donor-Advised Funds offer the flexibility of a private foundation but without the associated costs and administrative burdens.
You can identify a particular area of interest that you care about and the Foundation will make grants to charities and the projects that fall within this grouping. Your gift will continue to be flexible enough to meet emerging needs in your specified field of interest.
A flow-through fund is a gift from a donor that is given in its entirety to a particular charity or charities through the Foundation. It may be a gift that the donor wishes to be anonymous, or one that he or she wishes to be given out at a future date. Or, it may be one that a current fund holder wants to give out in addition to the earnings from their named fund. Flow-through funds from existing fund holders are done as a courtesy to fund holders. Others interested in this service are welcome to contact the Foundation for its fee structure
Friends of the Foundation may wish to establish or add to an operating fund to assist the Foundation to meet its administrative obligations and help it to continue its important work in our community.
Community foundations are often recipients of private or family foundations. This is a highly cost effective and efficient way to manage a private foundation. The Foundation has the donor administration, investment, governance and grant making experise, as well as knowledge of the community. A family or organization can continue to be involved in grant making without the burden of managing a complete organizational structure.
You can create a scholarship or bursary fund to support deserving students in particular fields of endeavour or attending specific institutions. You select eligibility criteria that express your particular values and vision. You can be part of the selection committee reviewing applications.