Partnering with Calgary Foundation is a powerful choice for supporting our community long-term.
When it comes to charitable giving, you might choose to make a one-time gift to support the immediate needs of an organization. But what if your investment could provide for community needs, not just in your lifetime, but forever? By establishing an endowed Fund at the Calgary Foundation, its impact will grow substantially over time.
An Endowment Fund is a fund that is restricted. Only the interest from the fund can be spent, not the principal that anchors the endowment. The principal value of the endowment fund is kept intact, while the investment earnings can be distributable dollars used for charitable grants to nonprofits. Thus, an endowment fund can be held permanently, allowing donors to support causes they care about in perpetuity.
Contributing to an endowment Fund at the Calgary Foundation ensures the causes you most care about receive your support, forever.