Types of Funds

HELPING OUR COMMUNITY THROUGH LEGACY GIVING.

You can guide the future of your community and the causes you care about by making a gift to the Comox Valley Community Foundation. When you give, you join with many others working together to address our community’s greatest needs.

We offer a variety of fund options to choose from, in order that you may achieve your philanthropic goals:

accessibility_new

Community Funds

This is the most popular fund. It offers the most flexibility supporting a range of charitable interests. A minimum of $5,000 is required to create a named Community Fund. We evaluate grant applications annually on behalf of our community fund holders, ensuring donations meet pressing community needs.

face

Donor-Advised Funds

Donor-Advised Funds make you a “hands-on” donor. Each year you can choose the charitable organizations you wish to support and in what amounts. A minimum of $50,000 is required to create a named Donor-Advised Fund.

chat_bubble_outline

Designated Funds

Designated Funds allows donors to choose the charity (or charities) that will be perpetual beneficiaries of the annual income generated by your gifts. A minimum of $10,000 is required to create a named Designated Fund.

child_care

Field of interest Funds

Field of interest Funds allow you to direct grants to a particular area of interest, such as health, the arts or the environment. A minimum of $5,000 is required to create a named Field of Interest Fund.

school

Scholarships and Bursaries

Scholarships and Bursaries reward hard work, recognize needs and support dreams by investing in students through a Scholarship or Bursary Fund program. When you donate to the Scholarships and Bursaries fund you define the award criteria according to your values and priorities. You may also choose to participate in the scholarship and bursaries selection process. A minimum of $5,000 is required to create a named Scholarship or Bursary Fund.

house_siding

Agency Funds

Many Comox Valley charities have created their own funds through CVCF which creates a stable source of income for them. You may choose to make a legacy gift to a favourite charity. A minimum of $10,000 is required to create a named Agency Fund.

exit_to_app

Flow-Through Funds

Flow-Through Funds give you  immediate impact in our community. You may choose to include a flow-through component when establishing a fund or may simply wish to directly contribute to CVCF’s granting programs.

add_circle_outline

Emerging Funds

Emerging Funds allow a donor or donors to establish a new fund over an agreed period of time and are accompanied by a Pledge Agreement in which the donor or donors commit to a regular schedule of donations (minimum 20% of minimum fund amount annually) and timetable (maximum 5 years) for achieving the minimum fund amount.

Emerging Funds are endowed and eligible for revenue share annually, but income will not be distributed until the minimum fund amount is achieved. Emerging Funds will revert to their regular fund type once the minimum donation amount is achieved.

add_circle_outline

Emerging Funds

Emerging Funds allow a donor or donors to establish a new fund over an agreed period of time and are accompanied by a Pledge Agreement in which the donor or donors commit to a regular schedule of donations (minimum 20% of minimum fund amount annually) and timetable (maximum 5 years) for achieving the minimum fund amount.

Emerging Funds are endowed and eligible for revenue share annually, but income will not be distributed until the minimum fund amount is achieved. Emerging Funds will revert to their regular fund type once the minimum donation amount is achieved.

Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image Navigation hover image