As a community Foundation all funds must be managed following the rules set by Canada Revenue Agency Charities Directorate. A Foundation must devote its resources (funds, personnel and property) to registered charitable activities.
Charitable purposes can be done two ways – by carrying out its own charitable activities and by giving to qualified donees. Qualified donees are a registered charity, a registered Canadian amateur athletic association, a corporation providing low cost housing for the aged, a Canadian Municipality, the UN and its agencies, some universities outside of Canada, a charity outside of Canada to which Canada made a recent gift, Her Majesty in right of Canada or a Province.
Many organizations are working for better communities but a few important factors make our approach stand out.
We bring donors to the table as community builders. We help them formulate and realize their philanthropic goals, matching their interests and concerns with community needs and organizations. We help them find innovative and responsible ways to give their investments lasting impact.
We take the broadest view of what a community is and what it needs to succeed. That is why our grants support everything from shelter, sustenance and care for those most in need, to recreation, the arts and the environment.
We take the long-term view for our communities. We identify long-term needs and opportunities and invest in sustainable solutions, helping our community to be a strong and resilient place to live, work and play.