| How It Works |
| 1. Set-Up: |
Simply complete the “Corporate Foundation Account” form and you can begin funding your endowment. It’s Immediately active. |
| 2. Set-Up Costs: |
There are no tax, legal or other fees incurred to set up your Corporate Foundation account |
| 3. Reporting: |
We provide quarterly reports to your organization on the contributions, grants, investment gains and losses on your Corporate Account. |
| 4. Investment Management: |
Canada Gives bears the duciary responsibility for managing the assets. We will select and monitor the investment manager/dealer but will consider your preferences/recommendations. |
| 5. Tax Receipts: |
You receipt the individual donors and forward us the endowment portion of their donations. Your organization is our client; your donor relationships remain with you. |
| 6. Annual Grants: |
Canada Gives will calculate the minimum and maximum amount of money available to grant from the endowment each year. You choose how much you wish to receive from the endowment based on these calculations and we will forward the funds to you. |
| 7. Our Fees: |
There are no out-of-pocket cost to your organization. Our administration fees are asset-based vary with size of assets and level of service required. |
