When you create a Fund at the Oakville Community Foundation you are becoming part of our community.
As a Fundholder, you will have access to our deep community knowledge and will be among the first to know about collaborative giving opportunities. You’ll also become a voting member of The Foundation, be invited to exclusive learning opportunities and help The Foundation make key decisions in how we go about creating a better town for everyone who lives here.
Using information gleaned from research and experience, we can guide you through the creation of your legacy in the community. You can trust us to help you make a significant impact.
How to Start a Fund
We have different Fund types available – these are the most common:
NEW Grant and Grow Fund
With this fund, you don’t have to choose whether you want to grant or save. This new Fund type is designed to help you build a fund while ensuring you can grant quickly. We work with Donors to create two Funds: an Endowment Fund and a Flow Through Fund, and work together to define and confirm the portion of all annual donations that will be divided into their respective funds. The portion available in the Flow Through Fund can be used for immediate granting while the portion directed to the Endowment Fund will build over time to support your long-term charitable passions.
Starting at $2,500, establishing a Community Fund is a way of pooling your charitable dollars to support the long-term vitality of our community. This Fund directly invests in programs that align with our Vital Signs and Creating Vital Solutions work, which strengthens the quality of life in our local area. You get to choose the causes that matter to you and direct your annual giving to one of our Community Funds programs.
Donor Advised Fund
Starting at $20,000, this Fund functions much like a private foundation, with your initial gift invested in our Endowment Fund, it will grow over time. Every year, there will be granting dollars available that you can direct to any registered charity in Canada. With a Donor Advised Fund, you decide just how active you want to be. We can help you automate your giving and keep it anonymous, or we can assist you in taking your giving to the next level, providing granting research around your passions, engagement with charities, and total freedom to grant to Canadian charities.
Create a Fund today and fund it through your estate when the time comes. It’s a way of ensuring the causes you care about are supported beyond your lifetime. In addition, you can change the charities you want the Fund to support at anytime without updating your Will.
Funds can be created with one initial gift, or over time through regular contributions, or in the future with an indication now in your Will.
Ask about creating a Fund through a monthly giving plan. We are happy to establish a schedule that works for your family.
Funds can be established over time; ask us about setting up a Fund through a monthly giving plan.
Whatever name you choose for your Fund, it should be special to you and your family.
*Please note that all dollars contributed to your Fund are eligible for a Charitable Tax Receipt.
Learn more about the Fund that’s right for you, your business, or organization
If you are making a gift of publicly traded stocks, here’s a Donating Securities – tax benefits and what you should know chart to show you the value of this type of charitable giving. Here’s our Gifts of Securities Donation Form, should you wish to donate in this manner.
If you’re wanting to leave a gift in your Will, here is some helpful Sample Language for your Will to share with your Lawyer.