Last Updated (Thursday, 19 February 2009 17:32) Written by Administrator Monday, 17 November 2008 19:16
Donors have confidence their gifts will be carefully invested for the long term when they create endowment funds at Edmonton Community Foundation. The investment income will then provide support for our community for generations to come, matching donor wishes with community needs.
Over a single lifetime, an initial donation of $50,000 invested in a permanent endowment fund at the Foundation can result in gifts to charities of almost $1million, distributing more than $34,000 a year by its 80th year. At the end of that time, the fund will have grown to over $750,000.
Donations keep on giving and growing – forever.