Donation Options
The Saskatoon Community Foundation is unique in the wide variety of donation options it can offer its donors. Whether you are a first time donor or a long-time philanthropist creating your legacy in our community, the Saskatoon Community Foundation can help you to find the means of giving that best suits your charitable goals and the assets you want to donate.
UNRESTRICTED FUNDS
Smaller donations become part of the Saskatoon Fund, the core of the Saskatoon Community Foundation’s unrestricted Quality of Life Granting program.
Whether you grow your total donations over a number of years or with a single gift, once total gifts equal $5000.00 or more, you can establish an unrestricted Named Fund. Click the link to the left to learn more about our Named Funds. Named funds can create your community legacy or memorialize a treasured member of the community. Unrestricted Funds allow our Board of Directors the maximum flexibility to respond to the changing community issues of the day. Remember, your gift lasts forever, so the most important issue facing the community today may not always be the top priority in the future. Any size fund can be unrestricted. Unrestricted funds benefit over 100 charities every year.
DESIGNATED FUNDS
For cumulative gifts totaling over $10,000.00, donors can create Designated Funds. Designated Funds specify one or more charities as recipients of its grants in perpetuity. If you want to be sure that a particular charity or charities receive your support forever, a Designated Fund may be the right choice for you.
DONOR-ADVISED FUNDS
Donors seeking the maximum flexibility and control in directing the annual grants from their gifts may establish Donor-Advised Funds for cumulative gifts totaling $50,000.00 or more. Some donors give for a number of years in order to grow their funds to this level. Others may have the ability to create a Donor-Advised Fund with a single gift. Once you establish your Donor-Advised Fund, the Saskatoon Community Foundation will contact you each year for your advice on how to disburse the grants from your fund. Continue supporting a favourite charity over many years with a proportion, while finding new organizations to help each year with the remainder. Alternate from year to year between two or more preferred charities. Work with SCF staff to find the area of greatest need each year. You decide.
FLOW-THROUGH FUNDS
Most donations to the Saskatoon Community Foundation become part of our permanent endowment. However, the Saskatoon Community Foundation can also direct your donation to the charity or charities of your choice. For simplicity, donors can make a larger donation, receive a single receipt from the Saskatoon Community Foundation, and then have that gift directed to several charities. As well, many small charities do not have brokerage accounts that would allow them to accept donations of securities. The Saskatoon Community Foundation can accept donated shares or options and forward the proceeds to your charity of choice.
