The Burlington Community Foundation manages more than 100 Funds, which have been created by individuals, businesses and charities in the community.
These funds produce income to provide charitable grants in our community and beyond, supporting vital needs and education. Charitable partners may also choose to establish an Agency Fund with Foundation, creating a sustainable annual revenue stream to fund operations.
Those wishing to recognize the life of a loved one, or undertake planned giving though their estate, may choose to establish a Legacy Fund. These funds can be established in your own name in the name of a loved one, or as a reflection of the fund’s purpose.
We offer several types of funds to address your current and future needs. The majority of our Funds are endowed, meaning they are permanently invested with the Foundation to generate income. Once established, you can have as much, or as little involvement as you wish.
A modest, but necessary administration fee is charged to your fund to support the fund’s operation, the BCF team and good works.
You have ongoing involvement with your gift. Working with our team, you can identify ways to use available earned income from your Fund to address the issues and needs you care about most. This is our most common type of fund.
You can direct your gift to a specific charity or charities. Our staff manages the distribution of funds.
You can target your gift to address needs in an area of community life that’s important to you. When making a gift, you identify an area of personal interest and we will award grants to charitable organizations that are making a difference in the area you select.
These funds are not tied to any specific charity or area of interest by the donor; instead, donors enable the Board of Directors to determine, through research and consultation, where grants should be directed to meet the community’s pressing needs. Donations of any amount are welcome. A donation to this fund gives the Foundation the greatest flexibility. The earnings are used for our annual Burlington Community Fund Granting Program.
Your fund goes to work in our community today. Term funds allow donors to on annual granting from a non-endowed contribution. The capital and income must be used in less than 10 years.
Scholarship funds can be established to provide an annual award
to students. These can be in a specific area, designated to a
specific school, or provided as a general scholarship. Fundholders
can work with BCF to establish criteria for the award in
accordance with best practices.
Establishing an endowment fund is like opening an investment account for our community. Your contributions are permanently invested and a portion of the interest is distributed annually to local registered charities. You can choose how the money will be directed to the community. Or you can let our experts decide where it will do the most good.
There are three ways to support our Funds:
To discuss your options about setting up a Fund with the Burlington Community Foundation, please contact our team.
We operate out of a shared co-working space in our community, which helps reduce our carbon footprint. Our team is available to meet virtually or in-person at our office or at a place that is convenient for you. Contact us to arrange an appointment.
PO Box 91590, RPO Roseland Plaza
Burlington, ON L7R 4L6
P: 905 639 0744
E: Info@BurlingtonFoundation.org
Our Charitable Number: 857812739 RR 0001
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