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ENDOWMENT FUNDS EXPLAINED

What is an Endowment?

In an endowment, all donations are pooled and permanently invested as capital.  The annual investment income earned is used for charitable purposes – either at the direction of the donor to the charities they designate, or through a grant making process.

Establishing an endowment at CFSEA is free of charge and allows donors to support Southeastern Alberta’s needs in a lasting way that matches the donor’s wishes. There are considerable tax benefits for individuals who donate to an Endowment Fund, especially in Alberta.

There are two ways to contribute to an Endowment Fund:

1) Make a contribution today – click here to donate

2) Make a future gift in your estate plans – click here for more information