An endowment is a gift that is held in perpetuity with the capital value being preserved over the long-term with only a portion of the income used to provide a steady stream of annual income...
What is a Hosted Organization endowed fund?
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Hosted Organizations Articles
Is the endowment capital investment accessible?
No. The Victoria Foundation currently offers permanent funds only, which means the capital is restricted. The capital investment is held in perpetuity to provide a stable source of income,...
Can an organization outside the City of Victoria still benefit from an endowment fund held with the Victoria Foundation?
Yes! Pursuant to the Victoria Foundation Act, we are not limited to the City of Victoria in our fund management and granting services.
Can a charitable organization fundholder still apply for a Victoria Foundation community grant?
Yes! Please visit our grant page for information about current and upcoming grant calls.
What type of organization can create an endowment fund?
Any organization can create an endowment fund; however, the Victoria Foundation can only grant to organizations that are registered with the Canada Revenue Agency (CRA) or considered a...
Are there ongoing supports or resources to help grow the endowment?
Yes! The Victoria Foundation is committed to providing personalized services to our Hosted Organization fundholders. We support the growth of their endowment fund and their long-term...