Give your community a gift that will keep on giving year after year

The Community Foundation, an independent philanthropic organization, provides a unique way in which you can establish a special legacy fund that will generate income for your community on an annual basis. This income is used to help support a variety of local charitable organizations that make applications through a granting process.

Currently the Foundation administers over 75 of these special funds that have been established by individuals, families, businesses and other organizations. Because the Foundation is able to pool and invest these funds as a whole, it is able to generate considerably higher returns than if your fund was invested on its own. When you set up a fund, your investment becomes a permanent source of community capital that can be relied upon to help enhance the quality of life in the Comox Valley.

One of the other advantages of creating a legacy fund is that it can be added to over the course of time. For example some families have established funds as a memorial to loved ones and on special occasions will top up the fund with additional donations. Another example is a fund set up by a company that allows it and their employees to create an ongoing impact for corporate goodwill.

The Community Foundation is governed by a volunteer board of directors who bring their individual skill sets to the table and at the same time reflect a broad cross section of the community’s demographics. Collectively, this group of people has an in-depth knowledge of the issues that shape the community. This enables them to make decisions that will be of benefit to as many groups as possible.

Since 1998 the Foundation has disbursed over $1.3 million in grants to support local charitable organizations. It currently has over $4.4 million in assets that are invested on behalf of the community.

To find out more about the Comox Valley Community Foundation and how you can establish a special fund to create a legacy for your community, visit the Foundation’s website at www.cvcfoundation.org

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